7402 Avenue W, Lubbock, TX 79423

• 5 beds |
• 3 baths |
• 2,313 sqft

Property Description

7402 Ave W Turnkey, fully rented duplex exceeding the 1% rule, excellent cash flow. Unit A offers 2 bedrooms and 1 bath, currently leased at $800/month. Unit B offers 3 bedrooms and 2 baths, rented for $950/month, for a total of $1,750 per month. This solid investment property is fully occupied and cash-flowing from day one, making it ideal for both new and seasoned investors. Centrally located in Lubbock with quick access to University Ave and South Loop 289, and just minutes from Texas Tech University and UMC. The property is professionally managed, offering stable operations and a smooth transition for the next owner. This property can be purchased as a package with 7404 Ave W located next door.

Listing Status:

Active

Date Added:

February 27, 2026

Data Last Updated:

March 3, 2026 at 7:40AM

Listing Office:

Lubbock Discount Realty : 806-577-4677

Listing Agent:

Jeremias Torres : 806-204-0492

MLS ID:

202602634

Interior

• General: Ceiling Fan(s)
• Appliances: None
• Laundry: Electric Dryer HookupWasher Hookup
• Flooring: See Remarks
• A/C: Central Air
• Heating: Central

Exterior

• General: None
• Style: Traditional
• Other Structures: None
• Parking: Off Street

Construction

• Roofing: Composition
• General: BrickSlab

Location

• Road/Access: City Street
• Golf: None
• Originating MLS: Lubbock Association of REALTORS®
• County: Lubbock

Lot

• Zoning: Sportsman L 2R69646
• Fencing: See Remarks

Utilities

• Utilities: See Remarks
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Lubbock Association of REALTORS®