Investor-friendly 8-property portfolio offering strong occupancy with significant rent-growth and cosmetic value-add potential. All homes are tenant-occupied with consistent rental history but would benefit from light updates to push rents to current market rates. Ideal for BRRRR investors or portfolio builders seeking stabilized cash flow with clear upside. Properties include a mix of 2-3 bedroom homes located in accessible rental areas. Opportunity to reposition these units with minor repairs, improved tenant placement, and rent optimization. Portfolio to be sold only as a group—no individual property sales. Current rents, pro-forma, and financials available upon request.
For sale
$567,000
Value Add Package 8 Properties, Lubbock, TX 79412
21beds
8,715sqft
Est.:
Package Property, Multi Family
Built in 1953
-- sqft lot
$552,600 Zestimate®
$65/sqft
$-- HOA
What's special
- 10 days |
- 87 |
- 4 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 01:46pm
Listed by:
Felicia Estrada TREC #0673783 210-274-1825,
Keller Williams Realty
Source: LBMLS,MLS#: 202563746
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 11
- Full bathrooms: 11
Heating
- Central, Other
Cooling
- Ceiling Fan(s), Central Air, Multi Units
Interior area
- Total structure area: 8,715
- Total interior livable area: 8,715 sqft
- Finished area above ground: 8,715
Property
Parking
- Parking features: Carport, Driveway
- Has uncovered spaces: Yes
Lot
- Size: 1.2 Acres
Details
- Parcel number: R132506
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Package Property, Multi Family
Materials
- Unknown
- Roof: Composition
Condition
- New construction: No
- Year built: 1953
Community & HOA
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $65/sqft
- Annual tax amount: $7,745
- Date on market: 12/3/2025
- Cumulative days on market: 60 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Paved
Estimated market value
$552,600
$525,000 - $580,000
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Listed for sale | $567,000$65/sqft |
Source:  LBMLS #202563746 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,576/mo
Principal & interest
$2702
Property taxes
$676
Home insurance
$198
Climate risks
Neighborhood: Baylees-Atkins
Nearby schools
GreatSchools rating
- 6/10Bayless Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Atkins Middle SchoolGrades: 6-8Distance: 0.1 mi
- 4/10Monterey High SchoolGrades: 9-12Distance: 1.6 mi
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