
$230,000
NAL Estimated Property Value11611 Evanston Avenue 11619, Lubbock, TX, 79424
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About this property
Offered for sale is a 5-plex building of Jordan Wheatley townhomes. Built in 2020 offering high quality construction, efficient design and a great investment opportunity. Located in Lubbock Cooper ISD, these 3 bedroom, 2 bathroom, 2 car garage townhomes total 5 units and have rented for $1,495-$1,595/mo with room to grow in rental income. Each unit is identical size and totals 1,563 square feet. Features include: Ceramic Tile & Carpet flooring, granite counters, vaulted ceilings, turf and xeriscape in the front with sod/sprinkler in the back. Pre-inspected and ready to sell. This low maintenance investment has been well cared for and has Class A quality with luxury investor appeal. With a Rental value of $1,700/mo this property has incredible upside. The former property manager did not raise rents for 3 years. Historically 100% Fully occupied. Schedule for a showing today!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lubbock
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