For sale

$129,999

Est. $947/mo —

•

1,172

sq ft

313 E Rice St, Lubbock, TX 79403

About this home

Welcome to 313 E Rice, a great investment opportunity offering the advantage of an existing tenant and rental income secured through June 2027. For investors looking to expand their portfolio or those searching for an income-producing property without the immediate concern of finding a tenant, this property offers an attractive opportunity. With the lease already in place, you can step into ownership with income already established. Why wait for the next tenant when this investment is already producing? Take advantage of this opportunity to add 313 E Rice to your portfolio and start building on its income potential from day one.

Single-familyProperty Type

2020Year Built

7,680 sq ftLot Size

$111Price/Sq.Ft.

1 car garageParking

Listed by Sarah Newton • Modern Day Living RE LLC

Listing updated: Oct 16, 2026 at 08:03am

Redfin checked: 3 minutes ago

•Source:LARMLS #202613843

Payment calculator

$947 per month

Principal and interest$718

Property taxes

$166

HOA dues

Home insurance

$63

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Carmona-Harrison Elementary School

Public PreK-5 • Assigned • 1.9mi

4/10

Cavazos Middle School

Public 6-8 • Assigned • 2.4mi

5/10

Estacado High School

Public 9-12 • Assigned • 1.0mi

2/10

Provided by GreatSchools

About

Clayton-Carter

Clayton-Carter, located between Avenue Q and I-27, is a historic and residential Lubbock neighborhood with a grid of mature streets and a close-in, campus-adjacent feel. The neighborhood’s character concentrates around the Avenue Q and 19th Street corridor, where local taquerias, repair shops, and small storefronts set a working-day rhythm. Early- to mid-century cottages and modest brick homes sit alongside a few small apartment buildings, giving the blocks a practical, lived-in texture. Street trees and pocket lawns soften the wide West Texas sky. For culture and community touchstones, the Buddy Holly Center, Cactus Theater, and Two Docs Brewing Co. connect the area to Lubbock’s music-and-maker streak. Parks and downtown venues sit a short drive away, keeping daily routines tied to the city’s core.

Provided by Walk Score and Local Logic

Offer insights

313 E Rice St · $129,999

Strong offer

$130K and above

75% chance or better to win

Why $130K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 56 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Interior features
Ceiling fans

Bathrooms
2 full bathrooms

Kitchen
Electric range

Heating & cooling
Central heating
Central air conditioning
Ceiling fans

Sale and tax history for 313 E Rice St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$1,974 (−0.8%)

$12,500 + $99,038

$111,538

2025

$1,990 (−7.3%)

$12,375 + $100,069

$112,444

2024

$2,146 (−1.8%)

$12,375 + $105,803

$118,178

2023

$2,186 (−6.6%)

$1,200 + $116,384

$117,584

2022

$2,339 (+48.8%)

$1,200 + $114,360

$115,560

2021

$1,572 (+6,016.3%)

$1,200 + $72,702

$73,902

2020

$26 (−1.5%)

$1,200

2019

$26 (−3.2%)

$1,200

2018

$27 (−0.1%)

$1,200

2017

$27 (−0.1%)

$1,200

2016

$27

$1,200

2015

$27 (+3.8%)

$1,200

2014

$26

$1,200

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

—

Lot width

60 ft.

Lot depth

128 ft.

Lot size

7,680 Sq. Ft.

Year renovated

2020

Finished Sq. Ft.

1,152

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,152

Year built

2020

Style

Single Family Residential

County

Lubbock County

APN

R116873

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 20, 2026.

SF-2

Low Density Single-Family District

The purpose of this zoning district and subdivision type is to provide for: Conventional: Smaller to moderately-sized lots for dwellings on public utilities. Any open space is located on private lots; Cluster: Clustering of smaller-sized lots for dwellings with an increased percentage of common open space compared to cluster developments in the SF-1 district to maintain the intended character of the district while providing for buffering between lower and higher density adjacent neighborhoods, as well as for recreational amenities and resource protection.

Permitted uses

Include but are not limited to:

Religious facility
Infrastructure
Water cleansing
Storage
And conveyance
Fire house
Police station
Recreation
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 100° expected this year, 21 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Lubbock, TX • 79403

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

91/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Lubbock. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.8 hrs

7.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 313 E Rice St

There isn’t enough information to generate an accurate estimate at this time. Learn More

Rental earnings

Est. $1,077 per month, based on comparable rentals

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