Lubbock, TX 79413
$965,000
Property Type:
Residential Income
Bedrooms:
3
Baths:
2
Square Footage:
1,612
Lot Size (sq. ft.):
7,500
Status:
Active
Current Price:
$965,000
List Date:
3/21/2025
Last Modified:
4/02/2025
Description
Investors delight, package of eight homes with income coming in, range from 2/1 to 3/2. All located in different parts of town.
Supplements: ********
More Information MLS# 202552050
Contract Information
Current Price: $965,000
Original List Price: 965000
List Price: $965,000
Status: Active
Listing Contract Date: 2025-03-22
Property Sub Type: Package Property
Total Number of Properties: 8
Listing Agreement: Exclusive Right To Sell
Owner Name: Plan Ahead LLC
List Price/SqFt: 598.64
Location Tax and Legal
County: Lubbock
State: TX
Postal Code: 79413
Zone: 3
General Property Information
Bedrooms Total: 3
Bathrooms Full: 2
Total Bathrooms: 2
Above Grade Finished Area: 1612
Above Grade Finished Area Source: Public Records
Living Area: 1612
Living Area Source: Public Records
Accessibility Features YN: No
Year Built: 1955
Year Built Source: Public Records
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Lot Size Acres: 0.17
Lot Size Square Feet: 7500
Lot Size Source: Public Records
Association YN: No
Waterfront YN: No
Property Attached YN: No
Basement YN: No
Stories Total: 1
Fireplace YN: No
Pool Private YN: No
Spa YN: No
Remarks and Miscellaneous
Public Remarks: Investors delight, package of eight homes with income coming in, range from 2/1 to 3/2. All located in different parts of town.
Status Change Information
Major Change Timestamp: 2025-03-21T23:40:49Z
Major Change Type: New Listing
Status Change Timestamp: 2025-03-21
Income and Expenses
Cap Rate: 12
Gross Income: 1328400
Gross Scheduled Income: 1328400
Net Operating Income: 1157217
Lock Box Information
Lock Box Location: No key boxies on the properties, will need to call listing agent to set showings
Title Company Information
Title Company: Hub City Title
Title Company Address: 4415 66th St
Title Company Phone: 806-412-7525
Package Property 1
Address: 2805 53th St
Bedrooms Total: 3
Total Bathrooms: 2
Parking Spaces: 2
Gross Rental Income: 15600
Occupied YN: Yes
Remarks: Lease expires on 03/31/26, lease out for 1,300.00 per month
Package Property 2
Address: 2702 2nd Pl
Bedrooms Total: 2
Total Bathrooms: 1
Parking Spaces: 2
Gross Rental Income: 11940
Occupied YN: Yes
Remarks: Lease expires on 3/31/26, lease out for 995.00 per month
Package Property 3
Address: 2704 2nd Pl
Bedrooms Total: 3
Total Bathrooms: 2
Parking Spaces: 2
Gross Rental Income: 13200
Occupied YN: Yes
Remarks: Lease expires on 1/31/26, lease for 1100. per month.
Package Property 4
Address: 2616 38th st
Bedrooms Total: 2
Total Bathrooms: 1
Parking Spaces: 2
Gross Rental Income: 13200
Occupied YN: Yes
Remarks: Lease expires on 4/30/26, lease for 1,100. per month
Package Property 5
Address: 5107 40th ST
Bedrooms Total: 3
Total Bathrooms: 1
Parking Spaces: 3
Gross Rental Income: 14400
Occupied YN: Yes
Remarks: Lease expires on 10/31/25, lease for 1,200. per month
Package Property 6
Address: 3207 Amherst St
Bedrooms Total: 3
Total Bathrooms: 1
Parking Spaces: 2
Gross Rental Income: 13200
Occupied YN: No
Package Property 7
Address: 3201 Colgate St
Bedrooms Total: 2
Total Bathrooms: 1
Parking Spaces: 2
Gross Rental Income: 11940
Occupied YN: Yes
Remarks: Lease expires on 9/30/25, lease for 995. per month
Package Property 8
Address: 604 N. Inidiana Ave.
Bedrooms Total: 3
Total Bathrooms: 1
Parking Spaces: 1
Gross Rental Income: 11400
Remarks: Lease expires on 2/28/26, lease for 950. per month
Property Features
Appliances: Dishwasher; Range Hood
Architectural Style: Traditional
Community Features: None
Construction Materials: Brick; Wood Siding
Cooling: Central Air
Exterior Features: None
Fencing: Back Yard; Fenced; Privacy
Flooring: Laminate
Foundation Details: Slab
Heating: Central; Natural Gas
Interior Features: Formica Counters; Open Floorplan; Pantry; Storage
Laundry Features: In Garage; Laundry Room
Lease Term Options: 12 Months
Listing Terms: Cash; Conventional
Lot Features: Back Yard
Other Equipment: None
Parking Features: Additional Parking; Attached; Driveway; Garage
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Composition
Security Features: See Remarks
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: All Utilities
Utilities: Electricity Available; Natural Gas Available; Sewer Available
Water Heater: Gas
Water Source: Public
Window Features: Wood Frames
Showing Considerations: See Remarks
Listing Office: West Texas, REALTORS
Listing Agent: Vickie Noyola Al-Souki
Last Updated: April - 02 - 2025
Information deemed reliable but not guaranteed.