1516 E 8th St
Lubbock, TX 79403
Parkway and Cherry Point
3 Beds
2 Baths
1,172 sqft
3 Beds
2 Baths
1,172 sqft
Home Highlights
Parking
Garage
Climate Control
Central & Central Air
Price/Sqft
$98
Listed
35 days ago
Local Information
- Map ViewExplore the area around 1516 E 8th St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Currently leased at $1,050 per month with a one-year lease in place, this property provides immediate rental income, making it an excellent addition to any investment portfolio. Whether you're a seasoned investor or looking to purchase your first income-producing property, this home offers a combination of location, functionality, and long-term potential. Conveniently located in East Lubbock with easy access to Marsha Sharp Freeway, this home provides quick commutes to Texas Tech, downtown, and shopping, dining, and entertainment throughout the city.
Last check for updates: about 2 hours ago
Listing courtesy of Scott Toman TREC #0468252, (806) 787-6571
Realty Refined
Source: LBMLS, MLS#202609617
Also Listed on LBMLS.
Home Details for 1516 E 8th St
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1172 Square Feet |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Security Security: None |
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Exterior Home Features Roof: CompositionFencing: Back YardExterior: Private YardFoundation: Slab |
Parking & Garage GarageNo Attached GarageParking: Garage |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1172 Square Feet |
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Days on Market: 35 |
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Year Built Year Built: 2020 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, Residential |
Building Construction Materials: Lap SidingNot a New Construction |
Property Information Parcel Number: R108151 |
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Price List Price: $114,900Price Per Sqft: $98 |
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MLS Status: Active |
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Direction & Address City: Lubbock |
School Information High School District: Lubbock ISD |
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Listing Agent Listing ID: 202609617 |
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Building Area Building Area: 1172 Square Meters |
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Lot Area: 6098.4 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: 202609617Above Grade Unfinished Area: 1172 |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
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.
Market trends in Lubbock
Last updated July 2026
Avg. sale price
$236K
$6.67KMoM
Sale-to-List Price
99.1%
0.3%MoM
Price per sq ft
$135
$3MoM
Available listings
1588
49MoM
Home Value
Trulia Estimate
$111KSince last month
Decreased$1K (-1.2%)Since last year
Decreased$22K (-16.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -12% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $110K |
| July 2026 | $112K |
| June 2026 | $112K |
| May 2026 | $109K |
| April 2026 | $109K |
| March 2026 | $107K |
| February 2026 | $109K |
| January 2026 | $107K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Single-Family Home | - | 09/08/25 | 3 | 2 | 1,172 | |
0.39 | Single-Family Home | - | 07/10/26 | 3 | 2 | 1,116 | |
0.39 | Single-Family Home | - | 11/24/25 | 3 | 2 | 1,142 | |
0.42 | Single-Family Home | - | 11/24/25 | 3 | 2 | 1,172 | |
0.30 | Single-Family Home | - | 05/22/26 | 3 | 1 | 1,090 | |
0.32 | Single-Family Home | - | 02/05/26 | 3 | 1 | 832 | |
0.68 | Single-Family Home | - | 09/30/25 | 3 | 2 | 1,107 | |
0.44 | Single-Family Home | - | 04/22/26 | 3 | 1 | 960 | |
0.49 | Single-Family Home | - | 06/24/26 | 3 | 1 | 924 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | - | - | - | - | Off Market | |
0.02 | $96,300 | 3 | 2 | 1,172 | Off Market | |
0.06 | $46,999 | 2 | 1 | 836 | For Sale | |
0.12 | $119,000 | 3 | 2 | 1,152 | For Sale | |
0.19 | $220,000 | - | - | - | For Sale | |
0.15 | $121,400 | 3 | 2 | 1,201 | Off Market | |
0.16 | $112,400 | 3 | 2 | 1,193 | Off Market | |
0.16 | $129,000 | 3 | 2 | 1,193 | Off Market | |
0.23 | $234,500 | 3 | 2 | 1,887 | Off Market | |
0.27 | $25,000 | - | - | - | For Sale | |
0.29 | $65,900 | 2 | 1 | 752 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 14, 2026 Source: LBMLS #202609617 | Listed For Sale | $114,900 |
Jul 13, 2026 Source: Zillow Rentals | ListingRemoved | $1,050 |
May 18, 2026 Source: Zillow Rentals | Listed For Rent | $1,050 |
Dec 10, 2025 Source: Zillow Rentals | ListingRemoved | $1,050 |
Dec 4, 2025 Source: Zillow Rentals | PriceChange | $1,050 Price decreased by 9% |
Nov 12, 2025 Source: Zillow Rentals | Listed For Rent | $1,150 |
Dec 30, 2023 Source: Zillow Rentals | ListingRemoved | |
Dec 21, 2023 Source: Zillow Rentals | Listed For Rent | $1,050 |
Dec 12, 2023 Source: Zillow Rentals | ListingRemoved | |
Nov 14, 2023 Source: Zillow Rentals | PriceChange | $1,050 Price decreased by 5% |
Oct 26, 2023 Source: Zillow Rentals | Listed For Rent | $1,100 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,842 | $104,089 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Scott Toman, Realty Refined
Agent Phone: (806) 787-6571
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Frequently asked questions about 1516 E 8th St
- What is the estimated monthly payment for 1516 E 8th St?Based on a $114,900 list price with 20% down at today's rates, the estimated monthly payment for 1516 E 8th St in Lubbock, TX is approximately $820 (about $599 principal & interest, $146 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1516 E 8th St compare to homes in Lubbock?1516 E 8th St in Lubbock, TX is listed at $114,900, about 51% below the $236K median sale price in Lubbock.
- 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 homes for sale in Parkway and Cherry Point, Lubbock.
- What are the closest schools to 1516 E 8th St?The closest schools to 1516 E 8th St in Lubbock, TX are Dunbar College Preparatory Academy (Middle, rated 2/10), Ervin Elementary School (Pre-K, rated 5/10), Estacado High School (rated 2/10).
- Does 1516 E 8th St have air conditioning?Yes, 1516 E 8th St in Lubbock, TX has air conditioning.
- Does 1516 E 8th St have a yard?Yes, 1516 E 8th St in Lubbock, TX has a yard.
1516 E 8th St, Lubbock, TX 79403 is a 3 bedroom, 2 bathroom, 1,172 sqft single-family home built in 2020. 1516 E 8th St is located in Parkway and Cherry Point, Lubbock. This property is currently available for sale and was listed by LBMLS on Jul 14, 2026. The MLS # for this home is MLS# 202609617.