3106 2nd Pl, Lubbock, TX 79415

3 bd · 1 ba · 912 sqft · built 1951 · Lubbock · SINGLE_FAMILY·source listing ↗

$69,000

rent, three ways

OnePercent model (vv1)$1,332/mo

p10–p90 confidence band

HUD Fair Market Rent · 79415 · 3BR$1,500/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Lubbock

Flood risk indexVery High FEMA NRI

Median household income$36,468

Median area rent$962/mo

Median home value$96,400

the verdict

1.93%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$69,000

1.93% · rent $1,332

Intrinsic value · income approach

$142,402

52% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.