Townhouse Investment Properties for Sale in Lubbock, TX
Listed for sale 1 day ago
$ 165,000
ROI
29.5
Cash Flow/m
445- 2 Bed
- 2 Bath
- 1363 sft
5529 Lehigh St, Lubbock, TX, 79416
Listed for sale 3 days ago
$ 209,850
ROI
27.6Cash Flow/m
460- 3 Bed
- 2 Bath
- 1578 sft
6906 67th St, Lubbock, TX, 79424
Listed for sale 3 days ago
$ 212,650
ROI
29.1Cash Flow/m
555- 3 Bed
- 2 Bath
- 1706 sft
6902 67th St, Lubbock, TX, 79424
Listed for sale 3 days ago
$ 189,800
ROI
28.3Cash Flow/m
449- 3 Bed
- 3 Bath
- 1724 sft
2528 137th St, Lubbock, TX, 79423
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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