3015 48th St
Lubbock, TX 79413
Wheelock & Monterey- 2 Beds
- 1 Bath
- 884 sqft
2 Beds
1 Bath
884 sqft
Local Information
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Description
Turnkey investment opportunity with immediate cash flow. This 2-bedroom, 1-bath home is currently tenant-occupied at $950/month, offering instant income from day one. The long-term tenant has occupied the property for over 30 years and has maintained it in exceptionally clean, well-kept condition—something rarely found in rental properties. Pride of occupancy shows throughout. Major recent update includes a fully replaced garage system with new motor, track, and door, reducing near-term maintenance concerns. Situated on a large lot with a spacious backyard, this property offers additional upside potential for future improvements, expansion, or increased rental value. Whether you're looking to add a stable performer to your portfolio or secure a low-maintenance entry into investing, this is a strong, proven asset with built-in reliability.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 27, 2026
Home Highlights
Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
24 days ago
Home Details for 3015 48th St
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 884 Square Feet |
Appliances & Utilities Appliances: Dryer, Gas Cooktop, Refrigerator, WasherDryerLaundry: In Garage,Laundry Chute,Washer HookupRefrigeratorWasher |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Security Security: None |
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Exterior Home Features Roof: CompositionPatio / Porch: Front PorchFencing: Back YardExterior: NoneFoundation: Pillar/Post/PierNo Private Pool |
Parking & Garage GarageNo Attached GarageParking: Garage |
Frontage Road Surface Type: All WeatherNot on Waterfront |
Farm & Range Not Allowed to Raise Horses |
Finished Area Finished Area (above surface): 884 Square Feet |
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Cumulative Days on Market: 1 |
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Year Built Year Built: 1953 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, Residential |
Building Construction Materials: UnknownNot a New Construction |
Property Information Condition: Updated/RemodeledParcel Number: R137892 |
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Price List Price: $107,000 |
Status Change & Dates Off Market Date: Wed May 06 2026 |
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MLS Status: Closed |
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Direction & Address City: Lubbock |
School Information Elementary School: MaedgenJr High / Middle School: SlatonHigh School: MontereyHigh School District: Lubbock ISD |
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Building Area Building Area: 884 Square Meters |
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Not Senior Community |
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Lot Area: 7840.8 sqft |
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Special Conditions: Trust |
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Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan |
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Mls Number: 202605985Above Grade Unfinished Area: 884 |
Last check for updates: about 2 hours ago
Listed by John Thomasson TREC #0811053, (806) 438-3852
Keller Williams Realty
Bought with: John Thomasson TREC #0811053, (806) 438-3852, Keller Williams Realty
Source: LBMLS, MLS#202605985

Price History for 3015 48th St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/26/2026 | -- | Sold | LBMLS #202605985 |
| 05/08/2026 | $107,000 | Pending | LBMLS #202605985 |
| 05/05/2026 | $107,000 | Listed For Sale | LBMLS #202605985 |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,747 |
| Assessment | $98,714 |
Home facts updated by county records
Comparable Sales for 3015 48th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | - | 06/30/25 | 2 | 1 | 962 | |
0.10 | Single-Family Home | - | 07/23/25 | 2 | 1 | 915 | |
0.19 | Single-Family Home | - | 10/29/25 | 2 | 1 | 1,210 | |
0.23 | Single-Family Home | - | 07/29/25 | 2 | 1 | 1,010 | |
0.18 | Single-Family Home | - | 08/01/25 | 3 | 1 | 1,050 | |
0.22 | Single-Family Home | - | 03/30/26 | 3 | 1 | 1,174 | |
0.24 | Single-Family Home | - | 09/24/25 | 3 | 1 | 1,115 | |
0.06 | Single-Family Home | - | 05/29/26 | 3 | 2 | 1,433 | |
0.14 | Single-Family Home | - | 03/27/26 | 3 | 2 | 1,060 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3015 48th St.
What Locals Say about Wheelock & Monterey
At least 18 Trulia users voted on each feature.
100 % Say there are sidewalks
96 % Say car is needed
94 % Say parking is easy
88 % Say it's dog friendly
71 % Say yards are well-kept
58 % Say kids play outside
55 % Say there's holiday spirit
52 % Say people would walk alone at night
50 % Say it's walkable to restaurants
48 % Say neighbors are friendly
43 % Say it's quiet
35 % Say they plan to stay for at least 5 years
31 % Say there's wildlife
31 % Say it's walkable to grocery stores
30 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 3015 48th St
Off Market Homes Near 3015 48th St

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.
Homes for rent near 3015 48th St
3015 48th St, Lubbock, TX 79413 is a 2 bedroom, 1 bathroom, 884 sqft single-family home built in 1953. 3015 48th St is located in Wheelock & Monterey, Lubbock. This property is not currently available for sale. 3015 48th St was last sold on May 26, 2026 for $0. The current Trulia Estimate for 3015 48th St is $104,800.

