




$132,500
8601 Memphis Drive C60, Lubbock, TX, 79423
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Looking for the perfect investment property or a cozy new home? This turnkey Airbnb or owner occupant condo is ready to go! Cheap home owners insurance makes it very affordable. This condo balcony overlooks the pool area. For $130/month HOA fee covers water, trash, sewer, and grants access to the community pool and covered parking space. Profitable short-term rental, Fully furnished option available, Prime location near top attractions, Low maintenance & move-in ready. Don't miss this chance to own a cash-flowing property! Has a very spacious secluded master suite. The Airbnb has been very successful. Several units are owner occupant as well.
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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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