TX Real Estate Agents

Lubbock, Texas
Buying & Selling Real Estate
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TX Real Estate Agents

Renita G Ezell
New Britain, CT · Member since 2020 · 27 posts · 23 votes

Good afternoon, 

I've decided it's time to put my Lubbock property back on the market. My primary objective is to sell the property in a reasonable timeframe while achieving a fair outcome for everyone involved.

 If you're a realtor in the Lubbock market, I'd appreciate your professional recommendations. Rather than simply listing it again, I'd like to develop the strongest marketing strategy possible to attract both owner-occupants and investors.

I'm open to creative approaches if they'll help generate qualified interest, including:

  • ▪︎ Competitive pricing based on current market conditions
  • ▪︎ Seller financing, if it broadens the buyer pool
  • ▪︎ Marketing to first-time homebuyers as well as investors
  • ▪︎ Any additional ideas you've seen work successfully in today's Lubbock market

My goal is to make this a win-win transaction while moving the property in a reasonable amount of time. I'm willing to be flexible and would value your honest advice on what you believe will give us the best chance of success.

Please let me know your thoughts and what strategy you would recommend.

Thank you for your guidance, and I look forward to working speaking with you.

Property Address:

211 42nd St, #2, Lubbock, TX 79404

-- Renita --

2Reply
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Jordan SutherlandBusiness Member
Realtor · Lubbock, TX · Member since 2016 · 86 posts · 119 votes
2mo

Hey Renita, I’m an agent and investor in Lubbock. I’m very familiar with those properties. There were a couple hundred similar ones built around town, on the cheapest lots money could by, by one of the national turnkey companies. Long story short, they screwed over a lot of people. They didn’t advertise those to any locals as the locals know better. They were very misleading about the quality of the product and quality of the location. They sold almost all of them exclusively to out of state investors without their own representation. The location on the property is less than ideal and the list price you recently had it for sale was too high. I’ve sold several of those over the last few years. I’m happy to help you out if you’re looking for guidance. The lease amount is very important on those. Investor buyers aren’t buying in that location unless the property meets the 1% rule. Owner occupants are still willing to a bit more. Your best bet is to get a very lucrative lease or have the property vacant and 100% turnkey. Happy to help you with either of those. Feel free to reach out anytime. 

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  • Caleb Brown
    Real Estate Agent · Kansas City · Member since 2018 · 4k+ posts · 3k+ votes
    2mo

    Good luck! Hopefully you get it sold quickly

    2Reply
    • Renita G Ezell
      OP
      New Britain, CT · Member since 2020 · 27 posts · 23 votes
      2mo
      Quote from @Caleb Brown:

      Good luck! Hopefully you get it sold quickly

      Me too. Thank you, Caleb!
      1Reply
  • Jacob CamhiBusiness Member
    Hinton, WV · Member since 2026 · 132 posts · 40 votes
    2mo

    hey renita, that's a really smart way to think about selling your lubbock property. seller financing is definitely a big advantage in today's market; it can attract a much wider pool of buyers who might not qualify for traditional loans or who are looking for more flexible terms. you're basically acting as the bank, which gives you control over the deal and can make it more appealing.

    for marketing, i'd create two clear pitches. for owner-occupants, highlight the home's features, any upgrades, and the neighborhood's advantages. for investors, focus on the potential rental income, any recent local rental rates for similar properties, and the property's condition for easy management. you can often find good rental and sales comps by checking your county's public records or by looking at active listings in your area to see what's attracting buyers and renters right now.

    1Reply
  • Jordan SutherlandBusiness Member
    Realtor · Lubbock, TX · Member since 2016 · 86 posts · 119 votes
    2mo

    Hey Renita, I’m an agent and investor in Lubbock. I’m very familiar with those properties. There were a couple hundred similar ones built around town, on the cheapest lots money could by, by one of the national turnkey companies. Long story short, they screwed over a lot of people. They didn’t advertise those to any locals as the locals know better. They were very misleading about the quality of the product and quality of the location. They sold almost all of them exclusively to out of state investors without their own representation. The location on the property is less than ideal and the list price you recently had it for sale was too high. I’ve sold several of those over the last few years. I’m happy to help you out if you’re looking for guidance. The lease amount is very important on those. Investor buyers aren’t buying in that location unless the property meets the 1% rule. Owner occupants are still willing to a bit more. Your best bet is to get a very lucrative lease or have the property vacant and 100% turnkey. Happy to help you with either of those. Feel free to reach out anytime. 

    3Reply
    • Renita G Ezell
      OP
      New Britain, CT · Member since 2020 · 27 posts · 23 votes
      2mo

      You're right Jordau

      n. I had been following the investor couple for about a year, trusted them, and didn't do my own homework; Mia culpa.

      Yes, I would like to speak with you more on the matter.  I appreciate your comments.

      2Reply
  • Renita G Ezell
    OP
    New Britain, CT · Member since 2020 · 27 posts · 23 votes
    2mo

    Jacob, I appreciate your feedback and suggestions!

    1Reply
  • Cody H. Blomberg
    Investor · TX · Member since 2020 · 5 posts · 5 votes
    2mo

    Hi Renita,

    I bought my first Lubbock duplex as an out-of-state investor and am currently looking to add a second property in that area.

    I noticed you mentioned seller financing as an option. If the numbers align with current rental rates, I'd definitely be open to exploring a deal.

    If you're open to connecting and discussing potential options, let me know.

    2Reply
  • Renita G Ezell
    OP
    New Britain, CT · Member since 2020 · 27 posts · 23 votes
    2mo

    Hi Cody, I appreciate your response. My primary focus is to sell the property to improve my cash flow. If buying is an option, I'm open to ALL reasonable offers. 

    if I decide to entertain seller financing options, I'll be sure to contact you.

    2Reply
    • Cody H. Blomberg
      Investor · TX · Member since 2020 · 5 posts · 5 votes
      2mo
      Quote from @Renita G Ezell:

      Hi Cody, I appreciate your response. My primary focus is to sell the property to improve my cash flow. If buying is an option, I'm open to ALL reasonable offers. 

      if I decide to entertain seller financing options, I'll be sure to contact you.


       Thanks! I'll look forward to further discussions if you decide that's the best option for you.

      1Reply
  • James Driscoll
    Banker · MA · Member since 2026 · 120 posts · 33 votes
    2mo

    Renita, not a Lubbock agent here, but the financing side of your question is worth addressing because it directly affects your buyer pool and how fast this moves.

    Seller financing is worth seriously considering for a property like this. Conventional lenders can be picky about condos, and if this one has any non-warrantable characteristics (HOA concentration, investor ownership ratio, deferred maintenance reserves, etc.) it may already be getting declined at the lender stage before buyers even make it to you. That's a silent deal-killer a lot of sellers never find out about. Seller financing bypasses that entirely and opens the door to buyers who are qualified in every practical sense but can't get a conventional or FHA loan on this specific unit.

    If you do offer seller financing, the main things to nail down upfront: your interest rate, amortization schedule, balloon term, and what happens on default. A real estate attorney familiar with Texas land contracts should draft it. You'll also want a decent down payment from the buyer, 10-15% minimum, to create real skin in the game.

    On the investor side, DSCR loans are popular right now because they qualify based on rental income rather than the buyer's personal income. If the rent-to-price ratio works, it's a real buyer pool. Sharing actual rental history (not pro forma, actual) in the listing materials helps investors do their math faster and submit cleaner offers.

    For owner-occupants, FHA is the obvious path, but again, condo approval status matters a lot. Worth confirming whether this property is on the FHA approved condo list before you assume that buyer pool is accessible.

    The agent who replied knows the local market reality on these builds, and that context is valuable. Pairing that honest pricing picture with a clean financing story for buyers is probably your best shot at moving it without it sitting.

    James Driscoll

    3Reply
  • Renita G Ezell
    OP
    New Britain, CT · Member since 2020 · 27 posts · 23 votes
    2mo

    Hi James, I appreciate your input. The house was on the market last year and I entertained several seller-financing offers.

    Thanks to AI, I learned a lot as it broke down all the variations of terms and translated them into "English". It was exhausting. So, I won't rule it out, but will only consider terms that are fair, not one sided.

    2Reply
  • Ni Robinson
    Real Estate Consultant · Rochester NY · Member since 2026 · 20 posts · 12 votes
    2mo

    Hi Renita,

    I appreciate you sharing the details of your situation. One thing that stood out to me is that you're looking for the best overall outcome rather than simply relisting the property, and I think that's the right approach.

    At INI Living, we evaluate situations like this from multiple angles before recommending a path. Sometimes the best solution is relisting with a different strategy, sometimes it's working with an investor, and sometimes it's another option depending on the property's condition, lease, and your goals.

    I don't know enough about your property to recommend a specific direction, but I'd be happy to review it and share my thoughts with no obligation. Even if the conclusion is that a traditional listing is your best option, I'd tell you that.

    Wishing you the best, and I hope you're able to find the right path forward.

    2Reply
  • Renita G Ezell
    OP
    New Britain, CT · Member since 2020 · 27 posts · 23 votes
    2mo

    Thanks to everyone who has reached out and shared ideas. I truly appreciate the feedback and willingness to help.

    After giving it some thought, I've decided that my first preference is an outright sale. However, I'm also open to considering seller-financing offers from qualified buyers if the terms make sense for both parties.

    As a starting point, I'd consider something along these lines:

    • Purchase price: $110,000
    • Down payment: Approximately 20% ($22,000)
    • Interest rate: 6.5%–7.0%
    • 25-year amortization
    • 5- to 7-year balloon

    These are simply my preferred starting terms—not firm requirements. I'm happy to consider other reasonable proposals that create a fair, win-win outcome for both buyer and seller.

    The property will be listed with my Realtor. If you have a qualified buyer or would like to submit an offer, please DM me.

    Thank you again for your time, insights, and willingness to help. I look forward to connecting with anyone who believes this property could be a good fit for their buyer or investment strategy.

    2Reply
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