$78,000
as of Sep 3, 2026
- 3 Beds
- 2 Baths
- 1,227 sqft
1516 E 1st St, Lubbock, TX 79403
Home Highlights
Single-Family Home
1,227 sqft
$64/sqft
Local Information
-- mins to
About this House
Make sure to arrange your showing today for this newly remodeled 3 bed 2 bath 1 car garage near Parkway, Estacado High School and RISE Academy. This home has been completely gutted and redone ranging all the way from new flooring, new paint, new fixtures, and new appliances. This home will feature central heat/air, refinished fire place, laundry room, and electronic car garage. Also the backyard is large and would make it perfect for tenants wishing to entertain or for those with animals. Appliances to be included are fridge, stove, microwave, washer and dyer. Contact us today before its too late.
1516 E 1st St, Lubbock, TX 79403 is a 3 bedroom, 2 bathroom, 1,227 sqft single-family home in Parkway and Cherry Point. More recently, it was listed as a rental in March 2026 with an asking price of $1,300 per month. That rental listing was removed on March 30, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $78,000, with a rent estimate of $990/month.
Home Details for 1516 E 1st St
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Property Type / Style Property Type: Single Family Home |
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Lease Term: Contact For Details |
Comparable Sales for 1516 E 1st St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Single-Family Home | - | - | 3 | 1 | 936 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Lubbock
Last updated Sep 2026
Trulia Rent Estimate$990/mo
Average rent
$1.4K
$16MoM
Available listings
1037
Around this home
What Locals Say about Parkway and Cherry Point
At least 9 Trulia users voted on each feature.
91 % Say car is needed
87 % Say there are sidewalks
86 % Say yards are well-kept
82 % Say kids play outside
78 % Say parking is easy
73 % Say there's holiday spirit
62 % Say it's dog friendly
54 % Say they plan to stay for at least 5 years
54 % Say there's wildlife
50 % Say it's walkable to grocery stores
43 % Say neighbors are friendly
33 % Say people would walk alone at night
33 % Say it's quiet
28 % Say it's walkable to restaurants
22 % Say streets are well-lit
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 30, 2026 Source: Zillow Rentals | ListingRemoved | $1,300 |
Mar 2, 2026 Source: Zillow Rentals | Listed For Rent | $1,300 |
Sep 30, 2024 Source: Zillow Rentals | ListingRemoved | $1,300 |
Sep 12, 2024 Source: Zillow Rentals | PriceChange | $1,300 Price decreased by 13% |
Aug 13, 2024 Source: Zillow Rentals | Listed For Rent | $1,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,300 | $73,472 |
Home facts updated by county records
Frequently asked questions about 1516 E 1st St
- What is 1516 E 1st St estimated to be worth?Trulia's estimated value for 1516 E 1st St in Lubbock, TX is $78,000.
- Is Lubbock a buyer's or seller's market?Lubbock is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Lubbock?The median sale price in Lubbock is $236K. That is up $6.67K from the prior month.
- What do residents say about the Parkway and Cherry Point neighborhood?Residents describe the Parkway and Cherry Point neighborhood in Lubbock, TX as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Parkway and Cherry Point, Lubbock.
Homes for rent near 1516 E 1st St
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

