10509 Abbeville Avenue, Lubbock, TX 79424
$1,400,000
Property Type:
Residential Income
Bedrooms:
3
Baths:
2
Square Footage:
1,455
Lot Size (sq. ft.):
6,354
Status:
Active
Current Price:
$1,400,000
List Date:
8/14/2025
Last Modified:
8/14/2025
Description
This package of six single-family homes, all built within the last five years, offers a rare turnkey opportunity in one of Lubbock's most sought-after school districts. Each property is in excellent condition and thoughtfully upgraded with granite countertops, luxury vinyl plank flooring, stainless steel appliances (including refrigerators), cedar pergolas over patios, sod and sprinkler systems, and low-maintenance vinyl and metal siding. These improvements enhance tenant satisfaction, boost rental income, and reduce maintenance costs. Fully leased with strong tenant retention and professionally managed by Location Rentals, this portfolio is a hassle-free addition to any investment strategy.
Supplements: ********
More Information MLS# 202559087
Contract Information
Current Price: $1,400,000
Original List Price: 1400000
List Price: $1,400,000
Status: Active
Listing Contract Date: 2025-08-13
Property Sub Type: Package Property
Total Number of Properties: 6
Listing Agreement: Exclusive Right To Sell
Owner Name: XIT INVESTMENTS LLC
List Price/SqFt: 962.2
Location Tax and Legal
Street Number: 10509
Street Name: Abbeville
Street Suffix: Avenue
County: Lubbock
State: TX
Postal Code: 79424
Zone: 7
General Property Information
Bedrooms Total: 3
Bathrooms Full: 2
Total Bathrooms: 2
Above Grade Finished Area: 1455
Above Grade Finished Area Source: Public Records
Living Area: 1455
Living Area Source: Public Records
Accessibility Features YN: No
Builder Name: Betenbough
Year Built: 2024
Year Built Source: Public Records
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Lot Size Acres: 0.15
Lot Size Square Feet: 6354
Lot Size Source: Public Records
Association YN: Yes
Association Fee: 400
Association Fee Frequency: Annually
Basement YN: No
Stories Total: 1
Fireplace YN: No
Pool Private YN: No
Spa YN: No
Remarks and Miscellaneous
Public Remarks: This package of six single-family homes, all built within the last five years, offers a rare turnkey opportunity in one of Lubbock's most sought-after school districts. Each property is in excellent condition and thoughtfully upgraded with granite countertops, luxury vinyl plank flooring, stainless steel appliances (including refrigerators), cedar pergolas over patios, sod and sprinkler systems, and low-maintenance vinyl and metal siding. These improvements enhance tenant satisfaction, boost rental income, and reduce maintenance costs. Fully leased with strong tenant retention and professionally managed by Location Rentals, this portfolio is a hassle-free addition to any investment strategy.
Status Change Information
Major Change Timestamp: 2025-08-14T02:09:23Z
Major Change Type: New Listing
Status Change Timestamp: 2025-08-13
Lock Box Information
Lock Box Location: Contact listing agent for showing
Unit Details
Number Of Units Leased: 6
Unit One
Unit Number: 10509
Unit SqFt: 1455
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1845
Garage Spaces: 2
Parking Details: Attached
Fireplace YN: No
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 10509 Abbeville
Unit Two
Unit Number: 10518
Unit SqFt: 1450
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1895
Garage Spaces: 2
Parking Details: Attached
Fireplace YN: No
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 10518 Abbeville
Unit Three
Unit Number: 1707
Unit SqFt: 1450
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1750
Garage Spaces: 2
Parking Details: Attached
Fireplace YN: No
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 1707 141st St
Unit Four
Unit Number: 1716
Unit SqFt: 1450
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1795
Garage Spaces: 2
Parking Details: Attached
Fireplace YN: No
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 1716 141st St
Unit Five
Unit Number: 1905
Unit SqFt: 1450
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1750
Garage Spaces: 2
Parking Details: Attached
Fireplace YN: No
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 1905 140th St
Unit Six
Unit Number: 2005
Unit SqFt: 1450
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1695
Garage Spaces: 2
Parking Details: Attached
Fireplace YN: No
Accessibility Features YN: No
Unit Condition: Updated/Remodeled
Unit Description: 2005 138th St
Title Company Information
Title Company: LubbockAbstract 82nd
Title Company Address: 4505 82nd Street, Suite 1 Lubbock, TX 79424
Title Company Fax: (806) 798-9805
Title Company Phone: (806) 798-9800
Package Property 1
Address: 10509 Abbeville
Bedrooms Total: 3
Total Bathrooms: 2
Gross Rental Income: 1845
Individual Property Price: 250000
Occupied YN: Yes
Package Property 2
Address: 10518 Abbeville
Bedrooms Total: 3
Total Bathrooms: 2
Gross Rental Income: 1895
Individual Property Price: 250000
Occupied YN: Yes
Package Property 3
Address: 1707 141st St
Bedrooms Total: 3
Total Bathrooms: 2
Gross Rental Income: 1750
Individual Property Price: 225000
Occupied YN: No
Package Property 4
Address: 1716 141st St
Bedrooms Total: 3
Total Bathrooms: 2
Gross Rental Income: 1795
Individual Property Price: 225000
Occupied YN: Yes
Package Property 5
Address: 1905 140th St
Bedrooms Total: 3
Total Bathrooms: 2
Gross Rental Income: 1750
Individual Property Price: 225000
Occupied YN: Yes
Package Property 6
Address: 2005 138th St
Bedrooms Total: 3
Total Bathrooms: 2
Gross Rental Income: 1695
Individual Property Price: 225000
Occupied YN: Yes
Property Features
Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; Freezer; Microwave; Refrigerator
Architectural Style: Traditional
Association Amenities: Landscaping
Association Fee Includes: Maintenance Grounds
Construction Materials: Brick
Cooling: Ceiling Fan(s); Central Air; Electric
Exterior Features: Private Yard
Fencing: Back Yard; Fenced; Gate; Wood
Flooring: Carpet; Luxury Vinyl; Tile
Foundation Details: Slab
Heating: Central; Natural Gas
Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Open Floorplan; Pantry; Storage
Laundry Features: Electric Dryer Hookup; Laundry Room; Main Level; Washer Hookup
Lease Term Options: 12 Months
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Back Yard; Front Yard; Landscaped
Parking Features: Attached; Driveway; Garage; Garage Door Opener; Private
Patio And Porch Features: Covered; Front Porch; Patio
Property Condition: Updated/Remodeled
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: All Utilities
Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available
Water Source: Public
Showing Considerations: Occupied; Pet(s) on Premises
Listing Office: Williams & Company Real Estate
Listing Agent: Dan Williams
Last Updated: August - 14 - 2025
Information deemed reliable but not guaranteed.