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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lubbock, TX

Listed for sale today
$ 149,800
ROI
22.8
Cash Flow/m
128- 3 Bed
- 2 Bath
- 1800 sft
2304 48th St, Lubbock, TX, 79412

Listed for sale today
$ 199,950
ROI
21.9
Cash Flow/m
118- 3 Bed
- 2 Bath
- 1296 sft
6705 84th St, Lubbock, TX, 79424

Listed for sale today
$ 198,000
ROI
26.9
Cash Flow/m
391- 3 Bed
- 2 Bath
- 1574 sft
3113 113th St, Lubbock, TX, 79423

Listed for sale today
$ 187,500
ROI
27.9
Cash Flow/m
425- 3 Bed
- 2 Bath
- 1384 sft
6545 84th St, Lubbock, TX, 79424
Why Invest in Lubbock, Texas?
Discover investment properties in Lubbock, TX under $200k offering strong value in a buyer-friendly market. Affordable homes priced well below Texas averages provide opportunities for high cash flow and rental yields. With steady appreciation and growing renter demand, these properties deliver solid cap rates around 8-10%. Lubbock's economic stability supports long-term returns for savvy investors targeting budget buys.
9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
2.8%
1Y Appreciation
Frequently Asked Questions
Yes, neighborhoods like Windmill offer listings from $11k to $195k, ideal for budget investors. These properties provide strong cash flow potential in a buyer market. Focus on areas near Texas Tech for highest returns.
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