1937 E Colgate St, Lubbock, TX 79403

This asset is offered as part of a value-add investment portfolio of 18 Properties and stands out as a fully remodeled, turn-key opportunity. The home is a 3-bed, 1-bath brick residence on a corner lot, delivering instant appeal and low exterior maintenance. Previously leased at $1,300/month, this property already demonstrates premium rent potential in the neighborhood. With upgrades already completed, it reduces downside risk and provides immediate income. Located in Northeast Lubbock (in the 79403 area), this home benefits from a stable residential community with established infrastructure and proximity to local schools, shopping corridors, and convenient arterial access. This is ideal for investors seeking a lower-effort, income-yielding asset with strong rental comparables built in.