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For sale
  • Price cut: $42.6K (7/23)
    $152,500

    8601 Memphis Dr, Lubbock, TX 79423

    2beds
    1,009sqft
    : 
    Condominium, Residential
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $151/sqft
    $130/mo HOA

    What's special

    Fully Furnished, Leased, and Priced to Sell! Welcome to Unit A21 at Raintree Manor Condominiums — a move-in ready, fully furnished condo currently leased at $1,650/month through November 28, 2025. This updated unit is an excellent opportunity for investors seeking strong cash flow, midterm rental potential, or a low-maintenance second home. Situated just one block from The Premier Sportsplex Gym and two blocks from Charles A. Guy Park, this location offers both convenience and lifestyle appeal. The $130/month HOA covers water, trash, sewer, a covered parking space, and access to the community pool — making ownership easy and affordable. Recently repriced at $152,500, this turn-key property is ideal for investors, traveling professionals, students, or smaller households looking to offset housing costs. Opportunities like this don't last — schedule your showing today!
    105 days
    on Zillow
    |
    535
    |
    18
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 03:22pm

    Listed by:

    Sol Carver TREC #0771464 806-535-3458,

    Aycock Realty Group, LLC,

    Saylor Carver TREC #0772014 806-999-4806,

    Aycock Realty Group, LLC

    Source: LBMLS,MLS#: 202554543MLS Logo
    Travel times

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    Next available tour time:Today at 2pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Oven, Microwave, Refrigerator, Washer/Dryer
    • Laundry: In Unit
    Features
    • Breakfast Bar, Smart Thermostat, Solid Surface Counters, Storage, Walk-In Closet(s), Other
    • Number of fireplaces: 1
    • Common walls with other units/homes: 2+ Common Walls,No One Above
    Interior area
    • Total structure area: 1,009
    • Total interior livable area: 1,009 sqft
    • Finished area above ground: 1,009

    Property

    Parking
    • Total spaces: 1
    • Parking features: Additional Parking, Carport
    • Carport spaces: 1
    Features
    • Patio & porch: Patio
    • Exterior features: None
    Lot
    • Size: 2,178 Square Feet
    Details
    • Parcel number: R102426

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1983

    Community & HOA

    Community
    • Security: None
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Landscaping, Pool
    • Services included: Maintenance Grounds, Sewer, Trash, Water
    • HOA fee: $130 monthly
    Location
    • Region: Lubbock

    Financial & listing details

    • Price per square foot: $151/sqft
    • Tax assessed value: $115,154
    • Annual tax amount: $2,203
    • Date on market: 5/12/2025
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Paved
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