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Listed price in listed location currency (USD).
$1,150,000

1488

MLS® 202606596

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 7705 sqft
Garage Yes
Taxes $26,004
Days Active 0
Lot Size 
Approx. Age 2022
Avg. Price Per Sqft $149
MLS® Number 202606596

Property Address: 7607 60th St, Lubbock, TX, 79407-5454

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity - 4 Newer Income-Producing Homes in Lubbock, TX Presenting a rare chance to acquire 4 newer homes (all built in 2022) in one of Lubbock's most desirable areas. All properties are fully occupied, generating strong and stable income, with most tenants being long term and turnover historically re-leased in under 30 days. This makes for a secure, turnkey portfolio investment with proven cash flow. Located within the highly ranked Frenship ISD, these homes sit on two adjoining cul-de-sac streets, creating unmatched efficiency for property management. The portfolio includes four unique floor plans, a mix of 3- and 4-bedroom homes with 2 bathrooms, tall ceilings, open layouts, and modern finishes including granite countertops, stainless steel appliances (refrigerators included), and durable vinyl plank flooring. Every home features gas cooking, sprinkler systems in both yards, and two-car garages. Additional highlights include a 10-year structural warranty valid through August 2032, minimal maintenance due to new construction, and proximity to top-rated schools, major employers, and Texas Tech University. Financial performance is strong, with a 6% cap rate, 100% occupancy, and tenants responsible for utilities and yard care. Property management can continue under at a discounted rate, making this a seamless investment transition. This package offers flexibility: purchase all 4 homes together, split into smaller groups, or even buy individual properties. Financing is available through a local lender with competitive terms, further enhancing the appeal of this high-demand rental opportunity.
MLS® Number202606596
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2022
Basement
DrivewayAttached, Garage, Off Street, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 16, 2026List Date
$1,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
7607 60Th St, Lubbock, TX

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