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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 today
$ 160,000
ROI
22.0
Cash Flow/m
101- 2 Bed
- 2 Bath
- 1602 sft
3425 97th St, Lubbock, TX, 79423
Listed for sale today
$ 174,900
ROI
27.9Cash Flow/m
397- 3 Bed
- 2 Bath
- 1979 sft
5019 27th St, Lubbock, TX, 79407
Listed for sale 2 days ago
$ 214,900
ROI
22.9Cash Flow/m
189- 3 Bed
- 2 Bath
- 1460 sft
1206 N Essex Ave, Lubbock, TX, 79416
Fix & Flip
$ 187,500
ROI
23.0Cash Flow/m
169- 3 Bed
- 2 Bath
- 1529 sft
6908 21st St, Lubbock, TX, 79407
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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