5861, 5863, 5865 Virginia Avenue, Lubbock, TX 79407
New Listing
$625,000
Property Type:
Residential Income
Bedrooms:
9
Baths:
6
Square Footage:
4,653
Lot Size (sq. ft.):
10,063
Status:
Active
Current Price:
$625,000
List Date:
7/25/2025
Last Modified:
7/25/2025
Description
Package Property Deal! Unlock the potential of this rare multifamily package deal featuring THREE fully leased townhome units located side by side on Virginia Avenue. Each unit offers 3 bedrooms, 2 bathrooms, and a one car garage, and boasts granite countertops, vinyl plank flooring, fencing, and great landscaping in the Frenship School District. This is a turnkey investment with stable cash flow and excellent rental history with all three units housing current tenants! Whether you're expanding your portfolio or diving into multifamily real estate, this package delivers both value and opportunity.
Supplements: ********
More Information MLS# 202558321
Contract Information
Current Price: $625,000
Original List Price: 625000
List Price: $625,000
Status: Active
Listing Contract Date: 2025-07-15
Property Sub Type: Duplex
Listing Agreement: Exclusive Right To Sell
Owner Name: Kim Craig
List Price/SqFt: 134.32
Location Tax and Legal
Street Number: 5861, 5863, 5865
Street Name: Virginia
Street Suffix: Avenue
County: Lubbock
State: TX
Postal Code: 79407
Zone: 7
General Property Information
Bedrooms Total: 9
Bathrooms Full: 6
Total Bathrooms: 6
Above Grade Finished Area: 4653
Above Grade Finished Area Source: Builder
Living Area: 4653
Living Area Source: Builder
Accessibility Features YN: No
Year Built: 2024
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 3
Lot Size Acres: 0.231
Lot Size Square Feet: 10063
Lot Size Source: Public Records
Remarks and Miscellaneous
Public Remarks: Package Property Deal! Unlock the potential of this rare multifamily package deal featuring THREE fully leased townhome units located side by side on Virginia Avenue. Each unit offers 3 bedrooms, 2 bathrooms, and a one car garage, and boasts granite countertops, vinyl plank flooring, fencing, and great landscaping in the Frenship School District. This is a turnkey investment with stable cash flow and excellent rental history with all three units housing current tenants! Whether you're expanding your portfolio or diving into multifamily real estate, this package delivers both value and opportunity.
Status Change Information
Major Change Timestamp: 2025-07-25T19:19:19Z
Major Change Type: New Listing
Status Change Timestamp: 2025-07-25
Unit Details
Number Of Units Leased: 3
Unit One
Unit Number: 5861
Unit SqFt: 1578
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1550
Garage Spaces: 1
Parking Details: Attached
Fireplace YN: No
Unit Two
Unit Number: 5863
Unit SqFt: 1578
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1550
Garage Spaces: 1
Parking Details: Attached
Fireplace YN: No
Unit Three
Unit Number: 5865
Unit SqFt: 1497
Beds Total: 3
Baths Total: 2
Unit Actual Rent: 1650
Garage Spaces: 1
Parking Details: Attached
Fireplace YN: No
Title Company Information
Title Company: Service Title 84th
Title Company Address: 4101 B 84th St, Lubbock, TX 79423
Title Company Fax: (806) 798-2928
Title Company Phone: (806) 794-9966
Property Features
Appliances: Disposal
Construction Materials: Brick
Cooling: Central Air; Electric
Fencing: Fenced
Flooring: Plank; Vinyl
Foundation Details: Slab
Heating: Central; Natural Gas
Interior Features: Ceiling Fan(s); Granite Counters; Pantry; Walk-In Closet(s)
Listing Terms: Cash; Conventional
Lot Features: Landscaped; Sprinklers In Rear
Parking Features: Attached; Garage
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition
Security Features: Smoke Detector(s)
Window Features: Double Pane Windows
Showing Considerations: Occupied
Listing Office: Aycock Realty Group, LLC
Listing Agent: Liz Karr
Last Updated: July - 25 - 2025
Information deemed reliable but not guaranteed.