3015 48th St
Lubbock, TX 79413
Wheelock & Monterey- 2 Beds
- 1 Bath
- 884 sqft
2 Beds
1 Bath
884 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1953
Living Area
884 sqft
Price/Sqft
$118
Parking
Garage
About this House
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.
3015 48th St, Lubbock, TX 79413 is a 2 bedroom, 1 bathroom, 884 sqft single-family home in Wheelock & Monterey, built in 1953. It last sold for the $107,000 asking price on May 26, 2026. It is currently off market. The Trulia Estimate is $104,400, with a rent estimate of $915/month.
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 14 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 |
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
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 |
|---|---|---|---|---|---|---|---|
0.19 | 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 | |
0.45 | Single-Family Home | - | 11/06/25 | 3 | 1 | 945 | |
0.24 | Single-Family Home | - | 01/12/26 | 3 | 1.5 | 849 |
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
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
Apartments for Rent
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.

