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1 Story, Single Family Residence

5611 16th Place, Lubbock, TX 79416, USA

1 Story, Single Family Residence

house for sale

10 views

Listed: 02/13/23

5611 16th Place, Lubbock, TX 79416, USA

4 Bed:

2 Bath:

1,413 Sq Ft Living Area:

Save

Price

$ 129,000

Price: Lower

About This House

Investor special ! 4 bedroom, 2 baths home near LCU, Texas Tech, and the medical district. Lots of space in a great location. Excellent property for investors or homeowners willing to give it some TLC.

Property Includes

Parking
Air Conditioning
Roof Composition Shingle
Fuel Heating Natural Gas

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Lubbock Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$400,372 (-2.7%)
Apr 2024	$411,617 (0%)
Mar 2024	$411,617 (0%)
Feb 2024	$411,617 (0%)
Jan 2024	$411,617 (-1.1%)
Dec 2023	$416,202 (+10%)

In May 2024, the asking price for 4 bed houses for sale in/near Lubbock, United States averaged $400,372, a decrease of 2.7% from the previous month.

Median price trends for properties for sale in Lubbock, United States as of May 2024.

Household Income

Median household income: $47,326

Number of households: 92,517

The average household income in Lubbock, TX grew from $45,499 to $47,326 in the past year. This data is an estimate based upon 92,517 households in Lubbock, TX.
The chart below presents how household income is distributed in Lubbock, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lubbock, TX compared to median property taxes around the country. The prevalent amount of property taxes in Lubbock, TX equals $3k+ , which is less than the national average.