3308 2nd St, Lubbock, TX 79415

This asset is offered as part of a value-add investment portfolio of 18 properties and represents a true turn-key cash flow asset. The property is a 3-bed, 1-bath residence currently rented at $1,050/month with a reliable tenant in place. Recent upgrades are extensive — including fresh exterior and interior paint, new flooring, and a full electrical system overhaul. Over $30,000 in improvements have already been invested to position this unit at market standards. Rents surpass the 1 % rule, offering strong yield from day one. Located in a centrally accessible Lubbock neighborhood, it enjoys proximity to university zones, parks, transit corridors, and local amenities, making it attractive to quality renters. This is an ideal "set-and-collect" component in your portfolio — minimal near-term capital risk with stable income and low vacancy exposure.