Condo Investment Properties for Sale in Lubbock, TX
125- 2 Bed
- 3 Bath
- 1702 sft
649- 3 Bed
- 4 Bath
- 1838 sft
101- 1 Bed
- 2 Bath
- 950 sft
989- 3 Bed
- 4 Bath
- 1838 sft
Why Invest in Lubbock, Texas?
Lubbock's condo market offers compelling entry points for real estate investors seeking affordable multifamily exposure in a stabilizing Texas market. With median home prices at $204,080 and pricing 21.7% below the Texas average, condos in Lubbock provide strong cash flow potential and lower capital requirements. The market is experiencing modest appreciation with suburban expansion driving long-term demand, while rental yields remain attractive compared to national benchmarks. Investor-friendly conditions include reasonable cap rates and growing suburban development that supports both owner-occupancy and rental strategies.
Frequently Asked Questions
Lubbock offers below-market pricing (21.7% below Texas average), strong rental yields, and a buyer-favorable market with median prices around $204,080. The presence of Texas Tech University provides stable rental demand, while suburban expansion creates appreciation potential.
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