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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Lubbock, TX
Listed for sale 2 days ago
$ 195,500
ROI
25.4
Cash Flow/m
309- 2 Bed
- 2 Bath
- 1353 sft
106 N Troy Ave APT A, Lubbock, TX, 79416
Listed for sale 3 days ago
$ 139,000
ROI
22.2Cash Flow/m
95- 3 Bed
- 2 Bath
- 1313 sft
5817 7th St, Lubbock, TX, 79416
Currently Rented
Listed for sale 7 days ago
$ 400,000
ROI
20.0Cash Flow/m
28- 3 Bed
- 2 Bath
- 2808 sft
8211 Bourbon St, Lubbock, TX, 79424
$ 200,000
ROI
23.9Cash Flow/m
233- 2 Bed
- 2 Bath
- 1400 sft
101D Troy Ave, Lubbock, TX, 79416
Why Invest in Lubbock, Texas?
Townhouses in Lubbock, TX offer strong investment potential with affordable entry points and steady rental demand. Median home prices hover around $235K, up 3.1% year-over-year, supporting solid appreciation. Rental yields average 6-7% driven by a growing renter-occupied population near 40%. Cap rates of 7-8% make townhouses attractive for cash flow-focused investors. Low vacancy and university-driven demand enhance long-term returns.
8.5%
Avg. ROI
6.8%
Rental Yield
7.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer cap rates around 7.5% and rental yields of 6.8% due to university demand and affordable pricing. Steady appreciation at 3.1% adds long-term value. Low vacancy supports reliable cash flow.
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