$115,000
3 Beds
2 Baths
1,103 sqft
505 E Rice St, Lubbock, TX 79403
Est. Mortgage $821/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2016
$104/sqft
1 Car Garage
Local Information
- Map ViewExplore the area around 505 E Rice St.
- Schools1 Preschool School1 Elementary School2 Middle Schools2 High Schools
- Shop & Eat
-- mins to
About this House
Located at 505 E Rice St, this 3-bedroom, 2-bathroom property offers a strong value-add investment opportunity in an established Lubbock neighborhood. Featuring 1,300 square feet of functional living space, central heat and air, and washer/dryer connections, this home provides a solid, low-maintenance foundation to renovate, lease out, and add steady cash flow to your portfolio. Currently leased until 10/31/2026 at $1,125/ month.
Last check for updates: about 12 hours ago
Listing courtesy of Avery Shaw TREC #0842042, (806) 777-4175
Keller Williams Realty
Cole Whisenhunt TREC #0641534, (806) 438-7987
Keller Williams Realty
Source: LBMLS, MLS#202610289
Also Listed on LBMLS.
Home Details for 505 E Rice St
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Interior Details Number of Rooms: 7Types of Rooms: Primary Bedroom, Bedroom 1, Bedroom 2, Primary Bathroom, Bathroom, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1103 Square Feet |
Appliances & Utilities Appliances: Cooktop, OvenLaundry: In Kitchen |
Heating & Cooling Heating: Central,Natural GasHas CoolingAir Conditioning: Ceiling Fan(s),Central Air,ElectricHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Plank, Vinyl |
Levels, Entrance, & Accessibility Number of Stories: 1Floors: Carpet, Plank, Vinyl |
Security Security: None |
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Exterior Home Features Roof: CompositionPatio / Porch: Covered, PatioExterior: Private YardFoundation: Slab |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Attached,Driveway,Garage |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Finished Area Finished Area (above surface): 1103 Square Feet |
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Days on Market: 45 |
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Year Built Year Built: 2016 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Traditional |
Building Construction Materials: Vinyl SidingNot a New Construction |
Property Information Parcel Number: R116223 |
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Price List Price: $115,000Price Per Sqft: $104 |
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MLS Status: Active |
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Direction & Address City: Lubbock |
School Information Elementary School: Carmona-HarrisonJr High / Middle School: CavazosHigh School: EstacadoHigh School District: Lubbock ISD |
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Listing Agent Listing ID: 202610289 |
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Building Area Building Area: 1103 Square Meters |
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Lot Area: 5227.2 sqft |
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Listing Terms: Cash, Conventional, FHA |
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Mls Number: 202610289Above Grade Unfinished Area: 1103 |
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 Clayton Carter
At least 2 Trulia users voted on each feature.
100 % Say car is needed
100 % Say there are sidewalks
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say there's holiday spirit
33 % Say parking is easy
33 % Say there are community events
33 % Say they plan to stay for at least 5 years
33 % Say kids play outside
30 % Say neighbors are friendly
20 % Say people would walk alone at night
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
$114KSince last month
$0 (0%)Since last year
Decreased$7K (-5.8%)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 increased by +76% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $114K |
| August 2026 | $113K |
| July 2026 | $114K |
| June 2026 | $128K |
| May 2026 | $125K |
| April 2026 | $124K |
| March 2026 | $122K |
| February 2026 | $122K |
| January 2026 | $120K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.43 | Single-Family Home | - | 01/28/26 | 3 | 2 | 1,539 | |
0.32 | Single-Family Home | - | 08/17/26 | 3 | 1 | 980 | |
0.68 | Single-Family Home | - | 06/02/26 | 3 | 2 | 1,172 | |
0.72 | Single-Family Home | - | 02/20/26 | 3 | 2 | 1,345 | |
0.68 | Single-Family Home | - | 07/06/26 | 3 | 2 | 1,658 | |
0.85 | Single-Family Home | - | 06/08/26 | 3 | 2 | 1,640 | |
0.96 | Single-Family Home | - | 03/12/26 | 3 | 2 | 1,505 | |
1.08 | Single-Family Home | - | 10/24/25 | 3 | 2 | 1,505 | |
0.85 | Single-Family Home | - | 09/30/25 | 4 | 2 | 1,620 | |
1.12 | Single-Family Home | - | 03/31/26 | 3 | 2 | 1,415 |
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 |
|---|---|---|---|---|---|---|
0.08 | $95,000 | 3 | 2 | 1,150 | For Sale | |
0.11 | $55,500 | 2 | 1 | 720 | Off Market | |
0.10 | $120,200 | 3 | 2 | 1,158 | Off Market | |
0.12 | - | - | - | - | Off Market | |
0.15 | $67,600 | 2 | 1 | 980 | Off Market | |
0.16 | $194,800 | Studio | - | - | Off Market | |
0.17 | $69,629 | 3 | 1 | 1,076 | For Sale | |
0.18 | - | - | - | - | Recently Sold | |
0.18 | $75,400 | 2 | 1 | 576 | Off Market | |
0.24 | $87,200 | 3 | 1 | 1,260 | Off Market | |
0.28 | $61,000 | 2 | 1 | 720 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 24, 2026 Source: LBMLS #202610289 | Listed For Sale | $115,000 |
Sep 20, 2025 Source: Zillow Rentals | ListingRemoved | $1,100 |
Jun 3, 2025 Source: Zillow Rentals | Listed For Rent | $1,100 |
Mar 21, 2024 Source: Zillow Rentals | ListingRemoved | |
Feb 29, 2024 Source: Zillow Rentals | Listed For Rent | $1,100 |
Aug 3, 2018 Source: Agent Provided | ListingRemoved | $900 |
Jun 19, 2018 Source: Agent Provided | Listed For Rent | $900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,304 | $130,229 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Avery Shaw, Keller Williams Realty
Agent Phone: (806) 777-4175
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 505 E Rice St
- What is the estimated monthly payment for 505 E Rice St?Based on a $115,000 list price with 20% down at today's rates, the estimated monthly payment for 505 E Rice St in Lubbock, TX is approximately $827 (about $606 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 505 E Rice St compare to homes in Lubbock?505 E Rice St in Lubbock, TX is listed at $115,000, about 51% below the $236K median sale price in Lubbock.
- What are the closest schools to 505 E Rice St?The closest schools to 505 E Rice St in Lubbock, TX are Carmona-Harrison Elementary School (Pre-K, rated 4/10), Cavazos Middle School (rated 5/10), Dunbar College Preparatory Academy (Middle, rated 2/10).
- What is 505 E Rice St estimated to be worth?Trulia's estimated value for 505 E Rice St in Lubbock, TX is $113,500.
- Does 505 E Rice St have air conditioning?Yes, 505 E Rice St in Lubbock, TX has air conditioning.
- Does 505 E Rice St have laundry facilities?Yes, 505 E Rice St in Lubbock, TX has laundry facilities.
505 E Rice St, Lubbock, TX 79403 is a 3 bedroom, 2 bathroom, 1,103 sqft single-family home built in 2016. 505 E Rice St is located in Clayton Carter, Lubbock. This property is currently available for sale and was listed by LBMLS on Jul 24, 2026. The MLS # for this home is MLS# 202610289.