5006 42nd St

1,056 Sq. Ft.
$123 / Sq. Ft.
1,056
Sq. Ft.
$123
per Sq. Ft.

Description

Right at the 1% investment rule! Great investment opportunity with tenants already in place. This 2 bedroom, 1 bathroom home features a functional layout with comfortable living spaces and some good updates. Located in a convenient and established Lubbock neighborhood, this property offers consistent rental demand and reliable income. With its straightforward design and appealing location, it presents strong long-term potential for investors. It is currently rented for $,1250 a month until March...Right at the 1% investment rule! Great investment opportunity with tenants already in place. This 2 bedroom, 1 bathroom home features a functional layout with comfortable living spaces and some good updates. Located in a convenient and established Lubbock neighborhood, this property offers consistent rental demand and reliable income. With its straightforward design and appealing location, it presents strong long-term potential for investors. It is currently rented for $,1250 a month until March 26th, 2026.
  1. Listed by Cole Whisenhunt • TREC #0641534 • Keller Williams Realty
    P: (806)-438-7987 C: (806)-438-7987 colew@kw.com

Amenities

  • Air Conditioning
  • Attached Garage
  • Central AC
  • Fireplace
  • Formal Dining Room
  • Garage
  • Hardwood Floors
  • Kitchen Dining
LISTING UPDATED: 12/08/2025 08:35 AM

Property Details for 5006 42nd Street

StatusActive
MLS #202563658
Days on Market81
Taxes$1,709 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1955
Lot Size0.18 AC / 7,800 SF
CountyLubbock County

Location

Listing Courtesy of Keller Williams Realty
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Building Information for 5006 42nd Street

Stories1Year Built1955Building Size-Lot Size0.18 AC / 7,800 SF

Payment Calculator

$776 per month

30 year fixed, 6.15% Interest

Principal and Interest

$634

Property Taxes

$142

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5006 42nd Street

Summary
Location and General Information
  • MLS Area Major: 3
  • Latitude: 33.556285
  • Longitude: -101.918677
  • MLS Area Minor: 3
  • Unparsed First Line Address: 5006 42nd Street
Taxes and HOA
  • Association Fee: $0
  • Association: No
  • Tax Legal Description: Evans Blk 6 L 18
School Information
  • Elementary School: Stewart
  • High School: Coronado
  • Middle Or Junior School: Irons
  • District High School: Lubbock ISD
Parking
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
Property
Lot Information
  • Above Grade Finished Area: 1056.0
  • Above Grade Finished Area Source: Public Records
  • Living Area Source: Public Records
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 7800.0
  • Lot Size Acres: 0.18
  • Building Area Total: 1056.0
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
Property and Assessments
  • New Construction: No
  • Parcel Number: R52672
  • Property Type: Residential,Single Family Residence
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • 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
  • Rooms Total: 6
Agent
Sale and Listing
  • Sold Exclusive: No
  • Listing Number: 202563658
  • Current Price: $130,000.00
  • Property Class: Residential

Property History for 5006 42nd Street

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Price Change

LARMLS #202563658

$130,000
Dec 4, 2025

Price Change

LARMLS #202563658

$135,000
Dec 2, 2025

Listed (Active)

LARMLS #202563658

$130,000
Nov 17, 2021

Sold

LARMLS #202110026

Oct 17, 2021

Pending

LARMLS #202110026

Oct 6, 2021

Listed (Active)

LARMLS #202110026

$119,000
Dec 14, 2017

Sold

LARMLS #201708868

Nov 29, 2017

Pending

LARMLS #201708868

Nov 27, 2017

Listed (Active)

LARMLS #201708868

$68,000
Nov 10, 2009

Expired

LARMLS #9962565

$69,900
Nov 10, 2008

Listed (Active)

LARMLS #9962565

$72,500
DateEvent & SourcePrice
12/08/2025

Price Change

LARMLS #202563658

$130,000
12/04/2025

Price Change

LARMLS #202563658

$135,000
12/02/2025

Listed (Active)

LARMLS #202563658

$130,000
11/17/2021

Sold

LARMLS #202110026

10/17/2021

Pending

LARMLS #202110026

10/06/2021

Listed (Active)

LARMLS #202110026

$119,000
12/14/2017

Sold

LARMLS #201708868

11/29/2017

Pending

LARMLS #201708868

11/27/2017

Listed (Active)

LARMLS #201708868

$68,000
11/10/2009

Expired

LARMLS #9962565

$69,900
11/10/2008

Listed (Active)

LARMLS #9962565

$72,500

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

Public Records for 5006 42nd Street

Taxable ValueLand$22,000Additions$93,073Total$115,073
Tax Record2024$1,709 ($142 / month)
Home Facts
Beds2Total Finished SqFt1,056 SqFtAbove Grade Finished SqFt1,056 SqFtLot Size7,800 SqFtStyleSingle Family ResidenceYear Built1955Zoning0038CountyLUBBOCKAPNR52672

Schools near 5006 42nd Street

This home is within Lubbock Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Stewart Elementary School
PublicPK to 5

Irons Middle School
Public6 to 8

Coronado High School
Public9 to 12

Commander William C McCool Academy
Public6 to 8

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

5006 42nd Street is a single family home for sale in Lubbock, TX 79414. This property was listed for sale on December 2, 2025 by Keller Williams Realty, it's currently listed at $130,000. It has been on the market for a total of 81 days and was last sold on November 17, 2021. This listing's school district is Lubbock Independent School District. Nearby schools include Stewart Elementary School, Irons Middle School and Coronado High School. 5006 42nd Street is a 2-bed, 1-bath, 1,056 sqft single family home built in 1955.

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.