7602 60th Street, Lubbock, TX 79407
New Listing
$4,700,000
Virtual Tour
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Property Type:
Residential
Bedrooms:
54
Baths:
33
Square Footage:
30,117
Lot Size (sq. ft.):
100,188
Status:
Active
Current Price:
$4,700,000
List Date:
9/03/2025
Last Modified:
9/03/2025
Description
Investor Opportunity - 15 Newer Income-Producing Homes in Lubbock, TX
Presenting a rare chance to acquire 15 newer homes (built 2023) in one of Lubbock's most desirable areas. All homes are tenant-occupied and generating strong income, making this a turnkey portfolio investment.
Situated on two adjoining cul-de-sac streets within the highly ranked Frenship ISD, this collection offers both stability and convenience. With all homes located side by side, property management is simplified and efficient.
5 Floor Plans - mix of 3 & 4 bedrooms, 2-3 bathrooms
Modern Features, tall ceilings, vinyl wood plank flooring, granite countertops, open layouts, and stainless steel appliances (refrigerator conveys)
Gas Cooking + Sprinkler Systems , front and back yards
Two-Car Garages in every home
Strong School District, near two brand new Frenship schools
Excellent Returns, 6% cap rate with proven cash flow
Investment Flexibility: Purchase as a full portfolio of 15 or Break into smaller packages, even Buy individual properties
A local lender is available to finance these homes with competitive rates and terms, making this a secure, income-producing investment opportunity in a high demand rental market.
Supplements: ********
More Information MLS# 202559909
Contract Information
Current Price: $4,700,000
Original List Price: 4700000
List Price: $4,700,000
Status: Active
Listing Contract Date: 2025-09-03
Property Sub Type: Package Property
Listing Agreement: Exclusive Right To Sell
Owner Name: PED Investments LLC
Occupant Type: Tenant
Location Tax and Legal
Street Number: 7602
Street Name: 60th
Street Suffix: Street
County: Lubbock
State: TX
Postal Code: 79407
Zone: 7
General Property Information
Bedrooms Total: 54
Bathrooms Full: 33
Total Bathrooms: 33
Above Grade Finished Area: 30117
Above Grade Finished Area Source: Builder
Living Area: 30117
Living Area Source: Builder
Accessibility Features YN: No
Year Built: 2023
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 30
Carport YN: No
Lot Size Acres: 2.3
Lot Size Square Feet: 100188
Lot Size Source: Other
Association YN: No
Waterfront YN: No
Basement YN: No
Stories Total: 1
Fireplace YN: Yes
Fireplaces Total: 15
Pool Private YN: No
Spa YN: No
Accessory Dwelling Unit YN: No
Horse YN: No
Remarks and Miscellaneous
Public Remarks: Investor Opportunity - 15 Newer Income-Producing Homes in Lubbock, TX
Presenting a rare chance to acquire 15 newer homes (built 2023) in one of Lubbock's most desirable areas. All homes are tenant-occupied and generating strong income, making this a turnkey portfolio investment.
Situated on two adjoining cul-de-sac streets within the highly ranked Frenship ISD, this collection offers both stability and convenience. With all homes located side by side, property management is simplified and efficient.
5 Floor Plans - mix of 3 & 4 bedrooms, 2-3 bathrooms
Modern Features, tall ceilings, vinyl wood plank flooring, granite countertops, open layouts, and stainless steel appliances (refrigerator conveys)
Gas Cooking + Sprinkler Systems , front and back yards
Two-Car Garages in every home
Strong School District, near two brand new Frenship schools
Excellent Returns, 6% cap rate with proven cash flow
Investment Flexibility: Purchase as a full portfolio of 15 or Break into smaller packages, even Buy individual properties
A local lender is available to finance these homes with competitive rates and terms, making this a secure, income-producing investment opportunity in a high demand rental market.
Status Change Information
Major Change Timestamp: 2025-09-03T19:51:32Z
Major Change Type: New Listing
Status Change Timestamp: 2025-09-03
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
Package Property 1
Address: 7602 60th
Bedrooms Total: 3
Total Bathrooms: 2
Parking Spaces: 2
Gross Rental Income: 2200
Occupied YN: Yes
Package Property 2
Address: 7603 60th
Bedrooms Total: 4
Total Bathrooms: 2
Parking Spaces: 2
Gross Rental Income: 2250
Occupied YN: Yes
Package Property 3
Address: 7604 60th
Bedrooms Total: 4
Total Bathrooms: 3
Parking Spaces: 2
Gross Rental Income: 2650
Occupied YN: Yes
Package Property 4
Address: 7606 60th
Gross Rental Income: 2200
Package Property 5
Address: 7606 61st
Bedrooms Total: 3
Total Bathrooms: 2
Parking Spaces: 2
Gross Rental Income: 2200
Occupied YN: Yes
Package Property 6
Address: 7607 60th
Bedrooms Total: 4
Total Bathrooms: 2
Parking Spaces: 2
Gross Rental Income: 2250
Occupied YN: Yes
Package Property 7
Address: 7608 61st
Bedrooms Total: 4
Total Bathrooms: 2
Parking Spaces: 2
Gross Rental Income: 2300
Occupied YN: Yes
Package Property 8
Address: 7616 60th
Bedrooms Total: 3
Total Bathrooms: 2
Parking Spaces: 2
Gross Rental Income: 2450
Occupied YN: Yes
Package Property 9
Address: 7612 60th
Bedrooms Total: 4
Total Bathrooms: 3
Parking Spaces: 2
Gross Rental Income: 2500
Occupied YN: Yes
Package Property 10
Address: 7614 60th
Bedrooms Total: 4
Total Bathrooms: 2
Parking Spaces: 2
Gross Rental Income: 2250
Occupied YN: Yes
Property Features
Appliances: Dishwasher; Disposal; Freezer; Gas Oven; Gas Range; Microwave; Refrigerator; Stainless Steel Appliance(s); Washer; Washer/Dryer
Community Features: Curbs; Sidewalks
Construction Materials: Brick
Cooling: Central Air; Electric
Exterior Features: Lighting; Private Entrance; Private Yard
Fencing: Back Yard; Fenced; Gate
Flooring: Carpet; Tile; Vinyl
Foundation Details: Brick/Mortar
Heating: Central; Natural Gas
Interior Features: Double Vanity; Eat-in Kitchen; Granite Counters; High Ceilings; Kitchen Island; Walk-In Closet(s); Wired for Data; Wood Counters
Laundry Features: Laundry Room; Main Level
Listing Terms: Cash; Conventional
Lot Features: Cul-De-Sac
Parking Features: Attached; Concrete; Garage; Garage Door Opener; Garage Faces Front
Patio And Porch Features: Covered; Front Porch; Patio; Porch; Rear Porch
Road Frontage Type: City Street
Road Surface Type: All Weather
Roof: Composition
Security Features: See Remarks
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Available; Natural Gas Available
Water Heater: Gas
Water Source: Public
Showing Considerations: See Remarks
Listing Office: Regal, REALTORS
Listing Agent: Pezhman Zaji
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.