




$178,995
7412 5th Street, Unit 1, Lubbock, TX, 79416
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About this property
Welcome to this well-maintained 3-bedroom, 2-bathroom home located in the highly sought-after Frenship ISD school district. Whether you're looking to expand your investment portfolio or secure a quality property with immediate rental income, this home is an outstanding opportunity. The property has been exceptionally well cared for and is in great condition, offering a functional floor plan with comfortable living spaces, spacious bedrooms, and a practical layout that appeals to a wide range of tenants and future homeowners alike. The kitchen provides ample cabinet and counter space, while the inviting living area creates a warm and welcoming atmosphere for everyday living. Outside, you'll find a generously sized yard with plenty of room to enjoy outdoor activities or future enhancements. Conveniently located near shopping, dining, parks, schools, and major roadways, this home combines comfort, convenience, and long-term value. For investors, this property offers immediate, stable cash flow with a tenant already in place at $1,300 per month through December 31, 2026, making it a true turnkey investment. Don't miss your chance to own a move-in-ready property in one of the area's most desirable school districts with reliable rental income already secured.
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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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