1937 E Colgate St

$99,000
Price
3
Beds
1,331 Sq. Ft.
$74 / Sq. Ft.
1,331
Sq. Ft.
$74
per Sq. Ft.

Description

Incredible opportunity to acquire a turn-key, remodeled 6-property rental portfolio offering immediate cash flow and minimal future CapEx. Five homes are fully remodeled and tenant-occupied with updated interiors, solid rental history, and proven performance. One property is recently remodeled and move-in ready for lease-up or owner use. Each home features updated flooring, modern kitchens and baths, fresh paint, and improved mechanicals. Perfect for out-of-state investors, 1031 exchange buyers,...Incredible opportunity to acquire a turn-key, remodeled 6-property rental portfolio offering immediate cash flow and minimal future CapEx. Five homes are fully remodeled and tenant-occupied with updated interiors, solid rental history, and proven performance. One property is recently remodeled and move-in ready for lease-up or owner use. Each home features updated flooring, modern kitchens and baths, fresh paint, and improved mechanicals. Perfect for out-of-state investors, 1031 exchange buyers, or anyone looking for stable, low-maintenance rentals from day one. Portfolio can be purchased only as a package—no individual sales. Financials, rent rolls, and additional details available upon request.
  1. Listed by Felicia Estrada • TREC #0673783 • Keller Williams Realty
    P: (210)-274-1825 C: (210)-274-1825 felicia.estrada@outlook.com

Amenities

  • Air Conditioning
  • Central AC
  • Driveway
  • Fireplace
  • Vinyl Floors
LISTING UPDATED: 12/03/2025 09:39 AM

Property Details for 1937 East Colgate Street

StatusActive
MLS #202561961
Days on Market74
Taxes$900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Package Property
Year Built1961
Lot Size0.17 AC / 7,280 SF
CountyLubbock County

Location

Listing Courtesy of Keller Williams Realty
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Building Information for 1937 East Colgate Street

Stories-Residences-Year Built1961Building Size-Lot Size0.17 AC / 7,280 SF

Payment Calculator

$564 per month

30 year fixed, 6.28% Interest

Principal and Interest

$489

Property Taxes

$75

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1937 East Colgate Street

Summary
Location and General Information
  • MLS Area Major: 1
  • Latitude: 33.602452
  • Longitude: -101.810027
  • MLS Area Minor: 1
  • Unparsed First Line Address: 1937 E Colgate Street
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: Mackenzie Terr E65'of L 589
School Information
  • Elementary School: Alderson
  • High School: Estacado
  • Middle Or Junior School: Dunbar College Preparatory Academy
  • District High School: Lubbock ISD
Parking
  • Attached Garage: No
Property
Lot Information
  • Above Grade Finished Area: 1331.0
  • Above Grade Finished Area Source: Public Records
  • Living Area Source: Public Records
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 7280.0
  • Lot Size Acres: 0.17
  • Building Area Total: 1331.0
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
Property and Assessments
  • New Construction: No
  • Parcel Number: R80078
  • Property Type: Residential Income
  • Year Built: 1961
  • Property Sub Type: Package Property
Interior and Exterior Features
Interior Features
  • Fireplace: Yes
  • Total Bathrooms Source: MLS
  • Baths Total: 1.0
  • Bathrooms Total Integer: 1
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Notational: 1.0
  • Cooling: Yes
  • Heating: Yes
Multi Family
Income & Expenses
  • Gross Income: $15,600
  • Net Operating Income: $9,683
Agent
Sale and Listing
  • Sold Exclusive: No
  • Listing Number: 202561961
  • Current Price: $99,000.00
  • Property Class: MultiFamily

Property History for 1937 East Colgate Street

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Price Change

LARMLS #202561961

$99,000
Nov 18, 2025

Price Change

LARMLS #202561961

$86,000
Nov 18, 2025

Price Change

LARMLS #202561961

$90,300
Nov 18, 2025

Price Change

LARMLS #202561961

$86,000
Oct 17, 2025

Listed (Active)

LARMLS #202561961

$72,000
Sep 7, 2007

Sold

LARMLS #9953292

Aug 31, 2007

Sold (Public Record)

Public Record #429438247

Aug 8, 2007

Pending

LARMLS #9953292

Aug 2, 2007

Listed (Active)

LARMLS #9953292

$29,950
Feb 27, 2004

Sold

LARMLS #9926852

Jan 26, 2004

Pending

LARMLS #9926852

Jan 15, 2004

Listed (Active)

LARMLS #9926852

$30,500
DateEvent & SourcePrice
12/03/2025

Price Change

LARMLS #202561961

$99,000
11/18/2025

Price Change

LARMLS #202561961

$86,000
11/18/2025

Price Change

LARMLS #202561961

$90,300
11/18/2025

Price Change

LARMLS #202561961

$86,000
10/17/2025

Listed (Active)

LARMLS #202561961

$72,000
09/07/2007

Sold

LARMLS #9953292

08/31/2007

Sold (Public Record)

Public Record #429438247

08/08/2007

Pending

LARMLS #9953292

08/02/2007

Listed (Active)

LARMLS #9953292

$29,950
02/27/2004

Sold

LARMLS #9926852

01/26/2004

Pending

LARMLS #9926852

01/15/2004

Listed (Active)

LARMLS #9926852

$30,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1937 East Colgate Street

Taxable ValueLand$1,000Additions$47,122Total$48,122
Tax Record2024$901 ($75 / month)
Home Facts
Beds3Total Finished SqFt1,331 SqFtAbove Grade Finished SqFt1,331 SqFtLot Size7,280 SqFtStyleSingle Family ResidenceYear Built1961Zoning0038CountyLUBBOCKAPNR80078Fireplace TypeHas Fireplace

Schools near 1937 East Colgate Street

This home is within Lubbock Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Charter - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Alderson El
CharterPK to 5

Dunbar College Preparatory Academy
Charter6 to 8

Estacado High School
Public9 to 12

Talkington School For Young Women
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1937 East Colgate Street is a multi-family home for sale in Lubbock, TX 79403. This property was listed for sale on October 17, 2025 by Keller Williams Realty, it's currently listed at $99,000. It has been on the market for a total of 74 days and was last sold on September 7, 2007. This listing's school district is Lubbock Independent School District. Nearby schools include Alderson El, Dunbar College Preparatory Academy and Estacado High School. 1937 East Colgate Street is a 3-bed, 1-bath, 1,331 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.