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$445,000

0 Package Property, Lubbock, TX

Off MarketInfo
CommercialInfo
Baths0 Bath
Multi FamilyMulti Family

About this property

Solid Investment Properties in the Overton Area! Consistent Rental History...Two Triplexes, One Duplex...Eight Doors; ALL Occupied! 1613 Ave Y has Three Units, A is a One Bedroom, One Bath, B is a Two Bedroom, One Bath...Both Occupied with Hardwood Floors, Nice Updates & Central Heat and Air; Unit C is a Backhouse with Fresh Paint, New Carpet, One Car Garage that is Excellent for Storage; New Roof 2018; 2022 18th has Three Units, all Occupied, Each One Bedroom, One Bath- Unit C is Above the Garage/Storage Area- New Roof 2018; Third Property in the Package is 2207 18th, Two Units, Each One Bedroom, One Bath; Unit B One Year Lease...New Flooring, Fresh Paint, Granite Countertops; All Professionally Managed by Location Rentals; Great Addition to Your Rental Portfolio!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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0 Package Property | Property Details | No Agent List