Multi Family Investment Properties for Sale in Lubbock, TX

Listed for sale 3 days ago
$ 265,000
ROI
25.4
Cash Flow/m
417- 4 Bed
- 4 Bath
- 2317 sft
4424 75th Dr, Lubbock, TX, 79424

Currently Rented
$ 149,000
ROI
20.0
Cash Flow/m
12- 4 Bed
- 2 Bath
- 1885 sft
2410 46th St, Lubbock, TX, 79412

Rental Income
$ 160,000
ROI
23.4
Cash Flow/m
163- 6 Bed
- 4 Bath
- 1975 sft
3002 1st Pl, Lubbock, TX, 79415

Currently Rented
Rental Income
$ 105,000
ROI
28.3
Cash Flow/m
248- 3 Bed
- 2 Bath
- 1300 sft
1516 27th St, Lubbock, TX, 79411
Why Invest in Lubbock, Texas?
Multi-family investments in Lubbock, TX offer strong potential for steady cash flow and appreciation. The city's growing renter demand supports rental yields around 7-8% with cap rates of 6.5%. Average rents hold steady while home values show 3% annual growth. Low entry prices compared to Texas averages make it accessible for investors. Stable employment from Texas Tech drives consistent occupancy.
9.2%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$285/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Lubbock offers affordable entry points with strong renter demand from Texas Tech students and professionals. Cap rates around 6.5% and 3% appreciation provide solid returns. Stable occupancy above 95% ensures reliable cash flow.
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