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For sale
  • Price cut: $685K (7/2)
    $965,000

    10307 Vernon Ave, Lubbock, TX 79423

    16beds
    7,716sqft
    : 
    Package Property, Multi Family
    Built in 2018
    -- sqft lot
    $924,800 Zestimate®
    $125/sqft
    $-- HOA

    What's special

    **Please read carefully!! I had to use one address to enter the package listing. bed/bath/garage/sqft count is for all 4 properties combined. Package to be sold as a whole** Turnkey 4-Property Investment Package - High Cash Flow & Long-Term Appreciation! Seize this opportunity to own a well-balanced 4-property investment package in Lubbock, TX! Designed for both strong immediate cash flow and long-term equity growth, this portfolio includes two high-earning, fully remodeled properties in the Heart of Lubbock and two appreciating assets in the desirable Fox Ridge neighborhood.  Asking Price: $965,000  Gross Monthly Income: $8,700 Heart of Lubbock - High Cash Flow  2104 20th St. - 4 Bed | 2 Bath | 1,796 sq ft | $2,000/month (Leased through July 2025) Fully remodeled 1943 home with modern upgrades. Prime location near Texas Tech & local hotspots.  2114 21st St. - Duplex - FULL GUT REMODEL Unit A: 2 Bed | 2 Bath | 1,064 sq ft | $1,250/month (Leased through July 2026) Unit B: 3 Bed | 3 Bath | 1,326 sq ft | $1,600/month (Leased through May 2026) Updated from top to bottom, tenants pay all utilities. Fox Ridge - Appreciation & Stability  2316 101st St. - 4 Bed | 2 Bath | 2-Car Garage | 1,775 sq ft | $2,000/month (Leased through March 2026) Built in 2008 & fully remodeled, ideal for long-term appreciation.  10307 Vernon Ave. - 3 Bed | 2 Bath | 2-Car Garage | 1,755 sq ft | $1,850/month (Leased through April 2026) 2018-built home with tasteful upgrades in a sought-after neighborhood. All properties are 100% leased with strong tenants covering utilities. Whether you're looking for immediate rental income, future appreciation, or a mix of both, this portfolio delivers. Invest in Lubbock's thriving market today! **Please reach out for any questions/clarification, as there is a lot of information packed into the listing!! I do have more photos, but could only display so many**
    89 days
    on Zillow
    |
    246
    |
    18
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 09, 2025 at 10:02am

    Listed by:

    Sol Carver TREC #0771464 806-535-3458,

    Aycock Realty Group, LLC,

    Saylor Carver TREC #0772014 806-999-4806,

    Aycock Realty Group, LLC

    Source: LBMLS,MLS#: 202554398MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 10307 Vernon Ave.

    Next available tour time:Today at 3pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 11
    • Full bathrooms: 11
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Other
    • Laundry: In Unit
    Features
    • See Remarks
    • Flooring: Carpet, Combination, Tile, Vinyl, Other, See Remarks
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    Interior area
    • Total structure area: 7,716
    • Total interior livable area: 7,716 sqft
    • Finished area above ground: 7,716

    Property

    Parking
    • Total spaces: 4
    • Parking features: Additional Parking, Alley Access, Attached, Concrete, Driveway, Garage, Off Street, On Street, Common
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Covered, Patio, Rear Porch
    • Exterior features: Fire Pit, Lighting, Outdoor Grill, Private Entrance, Private Yard, Other
    • Fencing: Fenced
    Lot
    • Size: 0.63 Acres
    • Features: City Lot, See Remarks
    Details
    • Additional structures: See Remarks
    • Additional parcels included: FOX RIDGE L 274 FOX RIDGE L 56 MCCRUMMEN 2ND BLK 53 L 18 MCCRUMMEN 2ND BLK 48 L 23 & W10'OF 24
    • Parcel number: R326130
    • Zoning description: Single Family
    • Special conditions: Standard
    • Other equipment: Varies by Unit

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional,Other
    • Property subtype: Package Property, Multi Family
    Materials
    • Brick Veneer, Vinyl Siding, Wood Siding, Other, See Remarks
    • Foundation: Pillar/Post/Pier, Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights
    HOA
    • Has HOA: No
    Location
    • Region: Lubbock

    Financial & listing details

    • Price per square foot: $125/sqft
    • Annual tax amount: $15,337
    • Date on market: 5/9/2025
    • Listing terms: 1031 Exchange,Cash,Conventional,Private Financing Available,Special Funding
    • Tenant pays: All Utilities
    • Electric utility on property: Yes
    • Road surface type: All Weather, Asphalt, Concrete
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