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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Lubbock, TX

Currently Rented
Listed for sale 1 day ago
$ 199,000
ROI
20.4
Cash Flow/m
36- 6 Bed
- 5 Bath
- 3212 sft
2320 Colgate St, Lubbock, TX, 79415

Listed for sale 2 days ago
$ 167,000
ROI
31.8
Cash Flow/m
559- 4 Bed
- 2 Bath
- 2262 sft
2010 54th St, Lubbock, TX, 79412

Currently Rented
Rental Income
Listed for sale 2 days ago
$ 167,000
ROI
31.7
Cash Flow/m
553- 4 Bed
- 2 Bath
- 2262 sft
2008 54th St, Lubbock, TX, 79412

Currently Rented
Rental Income
Listed for sale 6 days ago
$ 225,000
ROI
20.3
Cash Flow/m
36- 5 Bed
- 3 Bath
- 2232 sft
3816 44th St, Lubbock, TX, 79413
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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