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310 Homestead Avenue, Lubbock, TX 79416

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For Sale
Sale Pending

$4,250,000

3 beds • 2 baths • 1 half baths • 28,324 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $150.05
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Seize the opportunity to invest in a newly constructed (2022) 17-unit townhome development located in the rapidly expanding northwest corridor of Lubbock, Texas. Positioned within the highly regarded Frenship Independent School District, this property offers both immediate rental income potential and long-term appreciation. The complex boasts an excellent rental history and is currently fully occupied, underscoring the strong demand for quality housing in the area. Each unit features a modern, low-maintenance design with xeriscaped front yards and artificial turf backyards, providing visual appeal while minimizing upkeep and water use. The property is uniquely structured with individually platted units, allowing for flexibility in ownership whether selling individual townhomes or maintaining the entire complex as a single investment. The floorplans are thoughtfully designed with open-concept living areas, generous natural light, and high-quality finishes, making them attractive to both families and roommates. Residents enjoy easy access to the growing network of retail, dining, and entertainment venues emerging throughout Lubbock's northwest development path. Lubbock continues to thrive as a key economic and cultural hub in West Texas. With a metro population exceeding 318,000 and anchored by institutions like Texas Tech University and its Health Sciences Center, the city offers strong housing demand and a resilient rental market. The consistent presence of students, healthcare professionals, and educators contributes to long-term stability and growth in the area. Whether you're looking to diversify your portfolio or secure a turnkey asset in a growing community, this townhome complex presents a rare blend of modern design, operational ease, strong occupancy, and strategic location making it a standout investment in the Lubbock market.
MLS# 202555790

Courtesy Of Williams & Company Real Estate

(806) 860-6945

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Porch, Patio
  • Appliances
    Dishwasher, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Exterior Type
    Brick, Stone, Stucco
  • Floor Covering
    Carpet, Tile
  • Lot Size
    1.17 Acres

Map and Directions

Directions to 310 Homestead Avenue, Lubbock, TX 79416

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
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
    $0
  • 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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Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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