$929,000

3102-3114 75th Street, Lubbock, TX 79423

  • 9,905 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon0.47acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $94/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

7-Unit Townhome Investment | South Lubbock | Fully Occupied Exceptional opportunity to acquire a fully occupied 7-unit townhome complex in desirable South Lubbock. Located within Lubbock ISD, this property benefits from a favorable property tax rate while maintaining strong tenant demand. Each unit offers: 2 Bedrooms 2 Bathrooms 2-Car Garage 1,415 SF per unit The property has been long-term owned and professionally managed by Location Rentals, reflecting consistent oversight and operational stability. All utilities are separately metered, minimizing landlord expense exposure. The only common area expense is front lawn and tree maintenance, creating a streamlined expense structure. Major capital improvements include a roof replacement approximately five years ago. This asset presents clear value-add potential through cosmetic enhancements and rental rate optimization, offering investors the opportunity to increase revenue while maintaining a strong occupancy history. A stable income-producing asset with upside in a consistently performing South Lubbock location.

Listing Status:
Active
Date Added:
February 18, 2026
Data Last Updated:
March 3, 2026 at 4:39PM
Listing Office:
Williams & Company Real Estate : 806-860-6945
Listing Agent:
Dan Williams : 806-777-1310
MLS ID:
202602204
  • Flooring: CarpetTile
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralCeilingFireplace(s)Natural Gas
  • Disability Feature: Accessible Approach with Ramp
  • Parking: DrivewayGaragePavedPrivate
  • Roofing: Composition
  • General: BrickSlab
  • Road/Access: City Street
  • Originating MLS: Lubbock Association of REALTORS®
  • County: Lubbock
  • Zoning: Melonie Gardens L 396- L 402R57111R56960R57037R56987R57087R57065
  • Fencing: Back YardFencedGateWood
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Lubbock Association of REALTORS®

This listing courtesy of Dan Williams , Williams & Company Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Waters Elementary School

3006 78th St, Lubbock, TX, 79423

Grades PK-5

0.15 miles away

E

Evans Middle School

4211 58th St, Lubbock, TX, 79413

Grades 6-8

1.58 miles away

M

Monterey High School

3211 47th St, Lubbock, TX, 79413

Grades 9-12

1.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.