2507 40th St
Lubbock, TX 79413
Wheelock & Monterey
3 Beds
2 Baths
1,446 sqft
3 Beds
2 Baths
1,446 sqft
Home Highlights
Parking
Open Parking
Climate Control
Heating & Cooling
Price/Sqft
$104
Listed
22 days ago
Local Information
- Map ViewExplore the area around 2507 40th St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Whether you're looking to expand your rental portfolio or purchase your next income-producing property, this charming home offers excellent potential in an established Lubbock neighborhood. With a functional layout, spacious bedrooms, and a detached bonus building, the possibilities are endless for investors seeking strong rental appeal. Inside, you'll find a practical floor plan with generously sized living spaces, durable flooring in the main areas, and comfortable carpeted bedrooms. The kitchen offers abundant cabinet storage, ample counter space, and stainless steel appliances, while the adjacent laundry room adds everyday convenience. The primary bedroom is spacious and features its own private ensuite bath, providing added comfort for future tenants. Outside, the large backyard is a standout feature with an expansive wood deck perfect for outdoor entertaining, relaxing, or grilling. The detached outbuilding provides valuable flexibility and could serve as a workshop, storage space, hobby room, or additional workspace (buyer to verify permitted uses). Mature trees offer shade and privacy, while the oversized lot provides plenty of room to enjoy. Conveniently located near Texas Tech University, the Medical District, shopping, dining, parks, and major thoroughfares, this property is well-positioned for long-term rental demand or future value-add improvements. Whether you're looking for a property to hold as a rental, renovate for increased equity, or add to your investment portfolio, this is an opportunity you won't want to miss. Schedule your private showing today!
Home Details for 2507 40th St
|
|---|
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1446 Square Feet |
Appliances & Utilities Appliances: Gas Cooktop, Gas OvenLaundry: In Kitchen,Inside |
Heating & Cooling Heating: Central,Natural GasHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Number of Stories: 1 |
Security Security: None |
|
|---|
Exterior Home Features Roof: CompositionOther Structures: Shed(s), StorageExterior: StorageFoundation: Slab |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street,Other |
Frontage Road Surface Type: PavedNot on Waterfront |
Finished Area Finished Area (above surface): 1446 Square Feet |
|
|---|
Days on Market: 22 |
|
|---|
Year Built Year Built: 1950 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Traditional |
Building Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property |
Property Information Parcel Number: R78737 |
|
|---|
Price List Price: $150,000Price Per Sqft: $104 |
|
|---|
MLS Status: Active |
|
|---|
Direction & Address City: Lubbock |
School Information Elementary School: WheelockJr High / Middle School: MackenzieHigh School: MontereyHigh School District: Lubbock ISD |
|
|---|
Listing Agent Listing ID: 202609329 |
|
|---|
Building Area Building Area: 1446 Square Meters |
|
|---|
Lot Area: 7405.2 sqft |
|
|---|
Listing Terms: Cash, Conventional, FHA, VA Loan |
|
|---|
Mls Number: 202609329Above Grade Unfinished Area: 1446 |
Last check for updates: about 7 hours ago
Listing courtesy of Brandon Tyler TREC #0542831, (806) 239-0962
Progressive Properties
Source: LBMLS, MLS#202609329
Also Listed on LBMLS.
Market trends in Lubbock
Last updated June 2026
Avg. sale price
$229K
$833MoM
Sale-to-List Price
98.8%
0.4%MoM
Price per sq ft
$132
$2MoM
Available listings
1536
13MoM
Price History for 2507 40th St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/08/2026 | $150,000 | Listed For Sale | LBMLS #202609329 |
| 08/04/2025 | $145,000 | ListingRemoved | LBMLS #202554136 |
| 06/12/2025 | $145,000 | PriceChange | LBMLS #202554136 |
| 05/05/2025 | $150,000 | Listed For Sale | LBMLS #202554136 |
| 02/12/2022 | ListingRemoved | Zillow Rental Manager | |
| 01/12/2022 | $500 | PriceChange | Zillow Rental Manager |
| 12/22/2021 | $750 | PriceChange | Zillow Rental Manager |
| 12/19/2021 | $2,000 | Listed For Rent | Zillow Rental Manager |
| 05/17/2021 | -- | Sold | N/A |
| 04/26/2019 | $1,000 | ListingRemoved | Agent Provided |
| 03/05/2019 | $1,000 | Listed For Rent | Agent Provided |
| 11/06/2018 | $1,250 | ListingRemoved | Agent Provided |
| 09/18/2018 | $1,250 | PriceChange | Agent Provided |
| 08/24/2018 | $1,300 | PriceChange | Agent Provided |
| 07/11/2018 | $1,400 | Listed For Rent | Agent Provided |
| 09/28/2017 | -- | Sold | N/A |
| 08/25/2017 | $120,000 | Listed For Sale | Agent Provided |
| 06/01/2017 | $1,400 | ListingRemoved | Agent Provided |
| 05/17/2017 | $1,400 | PriceChange | Agent Provided |
| 03/06/2017 | $1,500 | Listed For Rent | N/A |
| 10/26/2007 | -- | Sold | N/A |
Similar Homes You May Like
New Listings near 2507 40th St
NEW - 1 DAY AGO0.3 ACRESColdwell Banker Trusted Adviso
NEW - 1 DAY AGOWilliams & Company Real Estate
See more homes for sale inLubbock
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,012 |
| Assessment | $136,356 |
Home facts updated by county records
Comparable Sales for 2507 40th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Single-Family Home | - | 10/20/25 | 4 | 2 | 1,544 | |
0.20 | Single-Family Home | - | 09/05/25 | 3 | 2 | 1,319 | |
0.25 | Single-Family Home | - | 10/03/25 | 3 | 2 | 1,382 | |
0.23 | Single-Family Home | - | 08/26/25 | 3 | 2 | 1,626 | |
0.22 | Single-Family Home | - | 03/27/26 | 3 | 2 | 1,185 | |
0.30 | Single-Family Home | - | 04/17/26 | 3 | 1.5 | 1,320 | |
0.27 | Single-Family Home | - | 04/27/26 | 3 | 2 | 1,468 | |
0.31 | Single-Family Home | - | 05/15/26 | 3 | 2 | 1,305 | |
0.30 | Single-Family Home | - | 03/11/26 | 3 | 2 | 1,296 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
Assigned Schools
These are the assigned schools for 2507 40th St.
- Monterey High School
- 9-12
- Public
- 2113 Students
5/10GreatSchools RatingParent Rating AverageThough Monterey High School as a whole is not without its issues (including discipline, drugs, etc.), overall, the staff and adminstration take the time to ensure that all students feel known and cared for and are willing to listen to and account for the desires, complaints, and opinions of its student body. The homework as an honors student can be excessive, but teachers are commonly understanding of students' situation and are willing to ensure each student's success. Many of the issues throughout tbe school earn quick and typically effective response, and commonly stem from a lack of funding and staff. If you choose to attend Monterey, be ready to get involved, especially in programs like its PLTW Pre-Engineering program (led by the amazing Scott Houy and Jessica Lara who will support students in every situation and motivate them for success), the Floyd Honey Chapter of the National Honor Society, MHS Leading Ladies, FCCLA, Chick-fil-A Leadership Academy, Student Council, and the many advanced-level courses offered at the school for the best experience. Students that fail to succeed often fail to become involved and keep in touch with athletic and other events happening throughout the school, including consistent conversation with counselors (like the amazing Kristen Lewis) and attendance clerks. It is important that as a student you get to know the administative staff, and your teachers - students are almost always safe to talk to faculty at Monterey, even if they are not involved in your activities or classes. I will acknowledge that there are issues within some organizations/activities regarding students' desire participate under the leadership, including Band, Tennis, Orchestra, Cheer, etc. I will also acknowlege that there have recently been staffing issues, especially in the Sciences (mainly Physics) and a few other areas. I know this has been somewhat of a run-on discussing various aspects of attending Monterey, but overall, it is a great school, with dedicated teachers and administration, a variety of programs, and the potential for success that make Monterey High School one of the best, if not the best, of all high schools in Lubbock. I would give the school a 7/10.Student Review3y ago - Atkins Middle School
- 6-8
- Public
- 433 Students
3/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Wheelock Elementary School
- PK-5
- Public
- 343 Students
4/10GreatSchools RatingParent Rating AverageN/ATeacher Review18y ago 
Check out schools near 2507 40th St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Wheelock & Monterey
At least 18 Trulia users voted on each feature.
100 % Say there are sidewalks
97 % Say car is needed
94 % Say parking is easy
88 % Say it's dog friendly
69 % Say yards are well-kept
60 % Say kids play outside
55 % Say there's holiday spirit
50 % Say it's walkable to restaurants
50 % Say people would walk alone at night
48 % Say neighbors are friendly
43 % Say it's quiet
35 % Say they plan to stay for at least 5 years
31 % Say it's walkable to grocery stores
31 % Say there's wildlife
29 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Brandon Tyler, Progressive Properties
Agent Phone: (806) 239-0962
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.
2507 40th St, Lubbock, TX 79413 is a 3 bedroom, 2 bathroom, 1,446 sqft single-family home built in 1950. 2507 40th St is located in Wheelock & Monterey, Lubbock. This property is currently available for sale and was listed by LBMLS on Jul 8, 2026. The MLS # for this home is MLS# 202609329.