10307 Vernon Avenue, Lubbock, TX 79423
$965,000
Property Type:
Residential Income
Bedrooms:
16
Baths:
11
Square Footage:
7,716
Lot Size (sq. ft.):
27,312
Status:
Active
Current Price:
$965,000
List Date:
5/09/2025
Last Modified:
5/09/2025
Description
**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**
Supplements: ********
More Information MLS# 202554398
Contract Information
Current Price: $965,000
Original List Price: 965000
List Price: $965,000
Status: Active
Listing Contract Date: 2025-05-09
Property Sub Type: Package Property
Total Number of Properties: 4
Listing Agreement: Exclusive Right To Sell
Owner Name: DJ HOLDINGS LLC.
List Price/SqFt: 125.06
Location Tax and Legal
Street Number: 10307
Street Name: Vernon
Street Suffix: Avenue
County: Lubbock
State: TX
Postal Code: 79423
Zone: 6
General Property Information
Bedrooms Total: 16
Bathrooms Full: 11
Total Bathrooms: 11
Above Grade Finished Area: 7716
Above Grade Finished Area Source: Public Records
Living Area: 7716
Living Area Source: Public Records
Accessibility Features YN: No
Year Built: 2018
Year Built Source: Public Records
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 4
Carport YN: No
Lot Size Acres: 0.627
Lot Size Square Feet: 27312.12
Lot Size Source: Public Records
Association YN: No
Waterfront YN: No
Property Attached YN: No
Basement YN: No
Stories Total: 1
Fireplace YN: Yes
Fireplaces Total: 3
Pool Private YN: No
Spa YN: No
Pro Rata Paid YN: No
Remarks and Miscellaneous
Public Remarks: **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**
Status Change Information
Major Change Timestamp: 2025-05-09T16:54:09Z
Major Change Type: New Listing
Status Change Timestamp: 2025-05-09
Income and Expenses
Gross Income: 8700
Unit Details
Number Of Units Leased: 5
Unit One
Unit Number: 2104
Unit SqFt: 1796
Beds Total: 4
Baths Total: 2
Unit Actual Rent: 2000
Fireplace YN: Yes
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 2104 40th StLEASE- $2,000/month July 23rd, 2024- July 31st, 2025 Tenant pays utilities
Unit Two
Unit Number: 2114
Unit SqFt: 1064
Beds Total: 2
Baths Total: 2
Unit Actual Rent: 1250
Fireplace YN: No
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 2114 21st St. Unit A LEASE- $1,250/month August 1st, 2025-July 31st, 2026 Tenant pays utilities
Unit Three
Unit Number: 2114
Unit SqFt: 1326
Beds Total: 3
Baths Total: 3
Unit Actual Rent: 1600
Fireplace YN: No
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 2114 21st St. Unit BLEASE-$1,600/month May 31st, 2024-May 31st, 2026 Tenant pays utilities
Unit Four
Unit Number: 2316
Unit SqFt: 1775
Beds Total: 4
Baths Total: 2
Unit Actual Rent: 2000
Garage Spaces: 2
Parking Details: Attached
Fireplace YN: Yes
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 2316 101st St.LEASE-$2,000/month April 1st, 2025-March 31st, 2026 Tenant pays utilities
Unit Five
Unit Number: 10307
Unit SqFt: 1755
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1850
Garage Spaces: 2
Parking Details: Attached
Fireplace YN: Yes
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 10307 Vernon Ave LEASE-$1,850/month April 19th, 2024- April 30th, 2026 Tenant pays utilities
Title Company Information
Title Company: True Title
Title Company Address: 5010 122nd Street, Lubbock, TX 79424
Title Company Phone: 8069933000
Utility and Additional Feature Info
Sewer Pro Rata: No
Water Pro Rata: No
Package Property 1
Address: 2104 20th St. Lubbock, TX 79411
Bedrooms Total: 4
Total Bathrooms: 2
Acres: 0.2
Parking Spaces: 4
Gross Rental Income: 2000
Occupied YN: Yes
Remarks: 4 bedroom 2 bathroom
1,796 sq ft
1943 build- FULL REMODEL
LEASE- $2,000/month
July 23rd, 2024- July 31st, 2025
Tenant pays utilities
Package Property 2
Address: 2114 21st St. Lubbock, TX 79411
Bedrooms Total: 5
Total Bathrooms: 5
Acres: 0.16
Parking Spaces: 5
Gross Rental Income: 2850
Occupied YN: Yes
Remarks: Unit A- 2 bedroom 2 bathroom 1,064 sq ft
Unit B- 3 bedroom 3 bathroom 1,326 sq ft
1938 build- FULL GUT AND REMODEL
UNIT A LEASE- $1,250/month
Leased through July 2026
Tenant pays utilities
UNIT B LEASE-$1,6000/month
Leased through July 2026
Tenant pays utilities
Package Property 3
Address: 2316 101st St. Lubbock, TX 79423
Bedrooms Total: 4
Total Bathrooms: 2
Acres: 0.13
Parking Spaces: 4
Gross Rental Income: 2000
Occupied YN: Yes
Remarks: 4 bedroom 2 bathroom 2 car garage
1,775 sq ft
2008 Build- FULL REMODEL
LEASE-$2,000/month
April 1st, 2025-March 31st, 2026
Tenant pays utilities
Package Property 4
Address: 10307 Vernon Ave. Lubbock, TX 79423
Bedrooms Total: 3
Total Bathrooms: 2
Acres: 0.13
Parking Spaces: 4
Gross Rental Income: 1850
Occupied YN: Yes
Remarks: 3 bedroom 2 bathroom 2 car garage
1,755 sq ft
2018 Build- TASTEFUL UPGRADES
LEASE-$1,850/month
April 19th, 2024- April 30th, 2026
Tenant pays utilities
Property Features
Appliances: Other
Architectural Style: Traditional; Other
Community Features: Curbs; Sidewalks; Street Lights
Construction Materials: Brick Veneer; Vinyl Siding; Wood Siding; Other; See Remarks
Cooling: Central Air
Exterior Features: Fire Pit; Lighting; Outdoor Grill; Private Entrance; Private Yard; Other
Fencing: Fenced
Flooring: Carpet; Combination; Tile; Vinyl; Other; See Remarks
Foundation Details: Pillar/Post/Pier; Slab
Heating: Central
Interior Features: See Remarks
Laundry Features: In Unit
Lease Term Options: 12 Months
Listing Terms: 1031 Exchange; Cash; Conventional; Private Financing Available; Special Funding
Lot Features: City Lot; See Remarks
Other Equipment: Varies by Unit
Other Structures: See Remarks
Parking Features: Additional Parking; Alley Access; Attached; Common; Concrete; Driveway; Garage; Off Street; On Street
Patio And Porch Features: Covered; Patio; Rear Porch
Property Condition: Updated/Remodeled
Road Frontage Type: Alley; City Street
Road Surface Type: All Weather; Asphalt; Concrete
Roof: Composition
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: All Utilities
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Water Heater: Electric; Gas
Water Source: Public
Window Features: Double Pane Windows
Additional Rooms in Unit 1: 2 Living Areas
Showing Considerations: Occupied; Pet(s) on Premises
Listing Office: Aycock Realty Group, LLC
Listing Agent: Sol Carver
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.