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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
$ 195,000
ROI
20.7
Cash Flow/m
53- 2 Bed
- 2 Bath
- 1628 sft
5704 York Ave, Lubbock, TX, 79414
Listed for sale 5 days ago
$ 225,000
ROI
24.4Cash Flow/m
289- 2 Bed
- 2 Bath
- 2131 sft
3208 59th St, Lubbock, TX, 79413
Listed for sale 7 days ago
$ 217,500
ROI
24.6Cash Flow/m
292- 3 Bed
- 2 Bath
- 1467 sft
2532 137th St, Lubbock, TX, 79423
Listed for sale 7 days ago
$ 165,000
ROI
26.9Cash Flow/m
327- 2 Bed
- 2 Bath
- 1351 sft
3421 Hyden 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.
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