Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Lubbock, TX
Motivated Seller
Listed for sale 1 day ago
$ 195,000
ROI
28.6
Cash Flow/m
479- 3 Bed
- 2 Bath
- 1451 sft
5714 Lehigh St, Lubbock, TX, 79416
$ 199,999
ROI
21.5Cash Flow/m
98- 3 Bed
- 4 Bath
- 1795 sft
6040 24th St #26, Lubbock, TX, 79407
Currently Rented
$ 129,000
ROI
21.3Cash Flow/m
56- 2 Bed
- 2 Bath
- 1040 sft
4930 64th St, Lubbock, TX, 79414
$ 209,900
ROI
26.1Cash Flow/m
369- 2 Bed
- 2 Bath
- 1430 sft
5828 Virginia Ave, 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.
Find Your Perfect Investment Property in Lubbock, Texas
Explore investment opportunities by strategy, performance, or property type
