2506 40th St, Lubbock, TX 79413

Welcome to 2506 40th Street, a versatile income-producing property in the heart of Lubbock! This gem features a 2 bed / 1 bath main house PLUS an efficiency apartment on the west side, giving you two rentable units on one lot.  Steady Cash Flow Locked In - Both units are leased through July 2026, with the main house bringing in $1,000/mo and the efficiency unit at $500/mo. That's $1,500/month guaranteed income from day one!  Shared Backyard Space - Tenants enjoy a private, fenced backyard perfect for pets, BBQs, and downtime.  Central Location - Quick access to Texas Tech, hospitals, and all the shopping/dining Lubbock has to offer, making this a high-demand rental year after year.  Whether you're looking to expand your portfolio or snag your first investment property, this one checks every box: Dual income streams Leases in place until mid-2026 Prime central Lubbock location  Don't wait — properties like this move fast. Schedule your showing today and lock in your next investment win!