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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
$ 207,000
ROI
23.1
Cash Flow/m
192- 3 Bed
- 2 Bath
- 1602 sft
3104 113th St, Lubbock, TX, 79423
Listed for sale today
$ 198,000
ROI
26.9Cash Flow/m
391- 3 Bed
- 2 Bath
- 1574 sft
3113 113th St, Lubbock, TX, 79423
Listed for sale 1 day ago
$ 194,900
ROI
30.0Cash Flow/m
558- 3 Bed
- 2 Bath
- 1531 sft
6902 20th St, Lubbock, TX, 79407
Listed for sale 1 day ago
$ 194,900
ROI
29.6Cash Flow/m
534- 3 Bed
- 2 Bath
- 1531 sft
6904 20th 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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