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18 Property Portfolio, Lubbock, TX 79415

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For Sale

$1,200,000

48 beds22 baths19,211 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $62.46
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This Lubbock 18-Home SFR Portfolio blends in-place cash flow with clear value-add upside across well-located single-family rentals. Many homes perform at or above the 1% rule, with several units benefiting from state-funded, guaranteed rents. Priced between ~74-83% of market value, the portfolio features broad recent improvements-new roofs (2021-2023), electrical overhauls, plumbing/drain replacements, mini-split installs, and targeted cosmetic updates-reducing near-term capital needs. With under-market rents on select addresses and dependable tenancy across the board, investors can capture solid returns today and unlock additional NOI through rent normalization and light, targeted upgrades.
MLS# 202562059

Courtesy Of Keller Williams Realty

(806) 771-7710

Property Features

  • Age
    Over 50 Years Old
  • Lot Size
    0.41 Acres

Home seller CENTURY 21 Kearney & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Kearney & Associates

(806) 783-0020
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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