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5508-5514 Kemper Street, Lubbock, TX 79416

$740,000
Property Type: Residential Income Bedrooms: 10 Baths: 8 Square Footage: 5,652 Status: Active
Current Price: $740,000 List Date: 8/20/2025 Last Modified: 9/03/2025

Description

Incredible investment opportunity to own 4 beautifully built townhomes by Jordan Wheatley! Built in 2022, this package of four like-new townhomes offers a great chance to own low-maintenance properties with strong rental potential. Package Property includes 5508, 5510, 5512, 5514 Kemper, ALL 4 units are currently leased! The package includes two 3-bedroom, 2-bath units with 2-car garages and two 2-bedroom, 2-bath units with 1-car garages. 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# 202559365

Contract Information

Current Price: $740,000 Original List Price: 740000 List Price: $740,000 Status: Active Listing Contract Date: 2025-08-20 Property Sub Type: Package Property Total Number of Properties: 4 Listing Agreement: Exclusive Right To Sell Owner Name: PRATT ALPHA PROPERTIES LLC List Price/SqFt: 130.93

Location Tax and Legal

Street Number: 5508-5514 Street Name: Kemper Street Suffix: Street County: Lubbock State: TX Postal Code: 79416 Zone: 8

General Property Information

Bedrooms Total: 10 Bathrooms Full: 8 Total Bathrooms: 8 Above Grade Finished Area: 5652 Above Grade Finished Area Source: Public Records Living Area: 5652 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: 6 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 4 beautifully built townhomes by Jordan Wheatley! Built in 2022, this package of four like-new townhomes offers a great chance to own low-maintenance properties with strong rental potential. Package Property includes 5508, 5510, 5512, 5514 Kemper, ALL 4 units are currently leased! The package includes two 3-bedroom, 2-bath units with 2-car garages and two 2-bedroom, 2-bath units with 1-car garages. 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: 2025-08-20T20:11:50Z Major Change Type: New Listing Status Change Timestamp: 2025-08-20

Income and Expenses

Gross Income: 5500

Lock Box Information

Lock Box Location: Front Door on 5510 Kemper

Unit Details

Number Of Units Leased: 4

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,

Unit Three

Unit Number: 5512 Unit SqFt: 1363 Beds Total: 2 Baths Total: 2 Unit Actual Rent: 1300 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,

Unit Four

Unit Number: 5514 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,

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 Kemper St Bedrooms Total: 3 Total Bathrooms: 2 Parking Spaces: 2 Gross Rental Income: 1450 Individual Property Price: 190000 Occupied YN: Yes

Package Property 2

Address: 5510 Kemper St Bedrooms Total: 2 Total Bathrooms: 2 Parking Spaces: 1 Gross Rental Income: 1325 Individual Property Price: 180000 Occupied YN: Yes

Package Property 3

Address: 5512 Kemper Street Bedrooms Total: 2 Total Bathrooms: 2 Parking Spaces: 1 Gross Rental Income: 1300 Individual Property Price: 180000 Occupied YN: Yes

Package Property 4

Address: 5514 Kemer St Bedrooms Total: 3 Total Bathrooms: 2 Parking Spaces: 2 Gross Rental Income: 1450 Individual Property Price: 190000 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 - 03 - 2025
Information deemed reliable but not guaranteed.

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