5508 & 5510 Kemper Street, Lubbock, TX 79416
$375,000
Property Type:
Residential Income
Bedrooms:
5
Baths:
4
Square Footage:
2,826
Status:
Active
Current Price:
$375,000
List Date:
9/08/2025
Last Modified:
9/08/2025
Description
Incredible investment opportunity to own 2 or 4 beautifully built townhomes by Jordan Wheatley! Built in 2022, this package of like-new townhomes offers a great chance to own low-maintenance properties with strong rental potential.
Package Property includes 5508 & 5510 and can also be bought with 5512 & 5514 Kemper, ALL 4 units are currently leased! The package includes one 3-bedroom, 2-bath unit with 2-car garage and one 2-bedroom, 2-bath unit with 1-car garage. All units feature granite countertops, modern finishes, and open-concept layouts. These townhomes have been barely lived in and are situated in a high-demand area that continues to grow in popularity with tenants. Don't miss your chance to add this turnkey package to your portfolio!
Supplements: ********
More Information MLS# 202560125
Contract Information
Current Price: $375,000
Original List Price: 375000
List Price: $375,000
Status: Active
Listing Contract Date: 2025-09-08
Property Sub Type: Package Property
Total Number of Properties: 2
Listing Agreement: Exclusive Right To Sell
Owner Name: PRATT ALPHA PROPERTIES LLC
List Price/SqFt: 132.7
Location Tax and Legal
Street Number: 5508 & 5510
Street Name: Kemper
Street Suffix: Street
County: Lubbock
State: TX
Postal Code: 79416
Zone: 8
General Property Information
Bedrooms Total: 5
Bathrooms Full: 4
Total Bathrooms: 4
Above Grade Finished Area: 2826
Above Grade Finished Area Source: Public Records
Living Area: 2826
Living Area Source: Public Records
Accessibility Features YN: No
Builder Name: Jordan Wheatley Custom Homes
Year Built: 2022
Year Built Source: Public Records
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 3
Lot Size Source: Public Records
Association YN: No
Basement YN: No
Stories Total: 1
Fireplace YN: No
Remarks and Miscellaneous
Public Remarks: Incredible investment opportunity to own 2 or 4 beautifully built townhomes by Jordan Wheatley! Built in 2022, this package of like-new townhomes offers a great chance to own low-maintenance properties with strong rental potential.
Package Property includes 5508 & 5510 and can also be bought with 5512 & 5514 Kemper, ALL 4 units are currently leased! The package includes one 3-bedroom, 2-bath unit with 2-car garage and one 2-bedroom, 2-bath unit with 1-car garage. All units feature granite countertops, modern finishes, and open-concept layouts. These townhomes have been barely lived in and are situated in a high-demand area that continues to grow in popularity with tenants. Don't miss your chance to add this turnkey package to your portfolio!
Status Change Information
Major Change Timestamp: 2025-09-08T18:10:17Z
Major Change Type: New Listing
Status Change Timestamp: 2025-09-08
Income and Expenses
Gross Income: 2775
Lock Box Information
Lock Box Location: Front Door on 5510 Kemper
Unit Details
Number Of Units Leased: 2
Unit One
Unit Number: 5508
Unit SqFt: 1463
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1450
Garage Spaces: 2
Parking Details: Attached
Unit Condition: Updated/Remodeled
Unit Description: Built in 2022 , well-maintained 3-bedroom, 2-bath, 2-car garage townhome with modern finishes, granite countertops throughout, and an open-concept layout. Great for an investor looking to add a high-quality, low-maintenance property to their portfolio. Located in a growing area that continues to gain popularity with tenants,
Unit Two
Unit Number: 5510
Unit SqFt: 1363
Beds Total: 2
Baths Total: 2
Unit Actual Rent: 1325
Garage Spaces: 1
Parking Details: Attached
Unit Condition: Updated/Remodeled
Unit Description: Built in 2022 , well-maintained 2-bedroom, 2-bath, 1-car garage townhome with modern finishes, granite countertops throughout, and an open-concept layout. Great for an investor looking to add a high-quality, low-maintenance property to their portfolio. Located in a growing area that continues to gain popularity with tenants,
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: 5508 & 5510 Kemper St
Bedrooms Total: 5
Total Bathrooms: 4
Parking Spaces: 3
Gross Rental Income: 2775
Occupied YN: Yes
Property Features
Appliances: Dryer; Electric Range
Construction Materials: Brick
Cooling: Central Air
Exterior Features: None
Fencing: Back Yard
Flooring: Luxury Vinyl
Foundation Details: Slab
Heating: Central
Interior Features: Granite Counters; Recessed Lighting
Laundry Features: Laundry Room
Lease Term Options: 12 Months
Listing Terms: Cash; Conventional
Other Equipment: None
Parking Features: Attached; Garage; None
Property Condition: Updated/Remodeled
Road Frontage Type: City Street
Road Surface Type: All Weather
Roof: Composition
Security Features: None
Tenant Pays: All Utilities
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Water Available
Water Source: Public
Showing Considerations: None
Listing Office: Keller Williams Realty
Listing Agent: Sam Riddle
Last Updated: September - 08 - 2025
Information deemed reliable but not guaranteed.