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$567,000
Est. payment /mo
21 Beds
11 Baths
8,715 SqFt
Active
Value-Add Package (8 Properties) Lubbock, TX 79412
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Key Details
Property Type Single Family Home
Sub Type Package Property
Listing Status Active
Purchase Type For Sale
Square Footage 8,715 sqft
Price per Sqft $65
MLS Listing ID 202563746
Bedrooms 21
Full Baths 11
Year Built 1953
Annual Tax Amount $7,745
Lot Size 1.204 Acres
Acres 1.2
Property Sub-Type Package Property
Source Lubbock Association of REALTORS®
Property Description
Investor-friendly 8-property portfolio offering strong occupancy with significant rent-growth and cosmetic value-add potential. All homes are tenant-occupied with consistent rental history but would benefit from light updates to push rents to current market rates. Ideal for BRRRR investors or portfolio builders seeking stabilized cash flow with clear upside. Properties include a mix of 2-3 bedroom homes located in accessible rental areas. Opportunity to reposition these units with minor repairs, improved tenant placement, and rent optimization. Portfolio to be sold only as a group—no individual property sales. Current rents, pro-forma, and financials available upon request.
Location
State TX
County Lubbock
Area 2
Rooms
Basement Basement
Interior
Heating Central, Other
Cooling Ceiling Fan(s), Central Air, Multi Units
Exterior
Parking Features Carport, Driveway
Roof Type Composition
Building
New Construction No
Others
Tax ID R132506
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Keller Williams Realty
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