c.1950 Two Bedroom Texas Home For Sale $55K
OHU50K Notes $55,000
Marie Kondo is needed to organize this cute two-bedroom, one-bath Texas home for sale with hardwood floors, central air and heat, and public water and sewer.
Realtor Comments
Solid investment opportunity! This 2-bedroom, 1-bath property is tenant-occupied and rented at $650 per month on a month-to-month lease, offering immediate income and flexibility. Exceeds the 1% rule and includes the option to purchase three additional properties to expand a portfolio. Portfolio Opportunity: In addition to this property, the seller has three additional properties available for purchase, offering a unique opportunity for buyers interested in acquiring multiple assets at once. Properties may be purchased individually or together-buyer’s choice. The three other properties are: 301 Austin, 204 Austin and 805 Ave C. Ideal for investors looking to grow their portfolio with updated homes and flexible purchase options.
- 2 bed
- 1 bath
- Build date 1950
If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
505 8th St, Levelland, TX 79336 $55,000
- Contact Realtor: Haylee Hutto
- Google Map
- Niche
Pros of Living in Levelland, TX
1. Very Affordable Cost of Living
Levelland’s cost of living is significantly lower than the national average — especially housing — with an overall index well below the U.S. norm. Median home values and rents are notably affordable compared with many U.S. places.
2. Strong Small-Town Community & Cultural Identity
Levelland has a tight-knit, family-friendly community with a vibrant downtown, many local events, parks, and annual festivities. It’s known as the City of Mosaics with public art and community pride visible throughout town.
3. Close to Larger City Amenities
It’s only about 30 miles west of Lubbock, giving residents access to larger-city amenities, healthcare, airports, and job markets while living in a quieter, more affordable place. Homes.com
4. Short Commutes
Average commute times in Levelland are relatively short compared with national and Texas averages, helping reduce time in traffic.
5. Good for Families & Schools
Levelland Independent School District serves the city, and the town grades well for family-friendliness; there’s also South Plains College right in town, adding education options and community engagement.
6. Outdoor & Cultural Activities
Events like Ladies Night Out, mosaic trails, downtown festivals, and local parks give residents things to do without needing to leave town.
7. Diversity & Weather
Levelland is noted for diversity and has generally pleasant weather (mild winters typical of West Texas).
Cons of Living in Levelland, TX
1. Crime & Safety Concerns
Crime rates in Levelland are relatively high compared with many U.S. cities — both violent and property crimes — and safety can vary notably by neighborhood. Some analyses rate Levelland below average on safety.
2. Small Job Market
Employment opportunities within Levelland itself can be limited, with lower income levels and occasional high unemployment contributing to weaker local job prospects than in larger metro areas.
3. Population Size & Trends
With a population of about ~12,500–13,000, growth has been stagnant or declining in recent years, which can impact economic dynamism, services, and vibrancy.
4. Limited Public Transportation
Like many smaller Texas cities, Levelland lacks robust public transit, so owning a car is essential for commuting, errands, and travel.
5. Amenities & Entertainment Are Modest
While downtown and community events add character, overall amenities, nightlife, and cultural venues are more limited compared with larger cities — and many residents drive to Lubbock for big-city options.
6. Weather & Environment
Levelland sits on the semi-arid plains, meaning hot summers, windy days, and occasional severe weather (like dust storms and hail common in West Texas).
