This 2-bedroom, 2-bath brick home at 6313 23rd St in Lubbock is a standout rental investment! Currently leased at $950/month through May 2024, this 920 sq ft property generates $11,400 in annual rental income—offering a 9.5% CAP Rate and ROI. With a low-maintenance layout, single-car garage, lots of off-street parking, in the popular Frenship ISD -- this property currently has a reliable tenant in place and is ready to start cash flowing from day one. Located just minutes from Texas Tech and local amenities, this area draws consistent rental demand. Priced competitively under market value, it offers built-in equity and strong performance potential. Whether you're a new or seasoned investor, this property is part of a rare 6-property portfolio package also featuring 6315 24th St, 6210 22nd St, 6212 22nd St, and duplexes at 4423 & 4425 31st St. Buy individually or as a complete set to scale your rental income instantly!
For sale
$120,000
6313 23rd St, Lubbock, TX 79407
2beds
920sqft
Est.:
Package Property, Residential
Built in 1998
5,227.2 Square Feet Lot
$113,800 Zestimate®
$130/sqft
$-- HOA
What's special
Single-car garageLots of off-street parkingLow-maintenance layout
- 79 days
- on Zillow |
- 711 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: May 24, 2025 at 10:20pm
Listed by:
Jordan Linnenkugel TREC #0685556 432-934-4244,
Keller Williams Realty
Source: LBMLS,MLS#: 202555264

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 920
- Total interior livable area: 920 sqft
- Finished area above ground: 920
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Attached garage spaces: 1
Features
- Exterior features: Awning(s)
Lot
- Size: 5,227.2 Square Feet
Details
- Parcel number: R45757
- Zoning description: Single Family
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Package Property, Residential
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1998
Community & HOA
Community
- Security: None
HOA
- Has HOA: No
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $85,590
- Annual tax amount: $1,766
- Date on market: 5/25/2025
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan,Will Divide
- Road surface type: Paved
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