607 Zenith Ave, Lubbock, TX 79403

This asset is offered as part of a value-add investment portfolio of 18 properties. This 3-bedroom, 1-bath home located in east Lubbock is available at approximately 79% of market value and presents a promising value-add opportunity. While it was previously rented at $795/month, the property recently suffered flood damage from a leaking water heater. An insurance claim has been filed and the scope includes new flooring, fresh sheetrock, paint and other cosmetic updates, positioning the home to be stabilized soon and ready for its next phase of income growth. Roof replaced in 2023 The home's placement in the mature E Lubbock neighborhood offers access to established infrastructure and local amenities in the 79403 zip code. For the right investor, this is a rehab-ready unit with upside in rent after updates are completed.