6120 Avenue R, Lubbock, TX 79412

Property Description

Welcome to 6120 Ave R — a strong opportunity for both investors and buyers looking for value in an established Lubbock neighborhood. This property is currently tenant-occupied and generating $1,250/month in rental income, which is above typical rent for the area—offering immediate cash flow from day one. Even more attractive, it's priced at approximately 77% of its estimated market value, giving you built-in equity and long-term upside. Situated in the Bayless Atkins area, this home benefits from its central location with easy access to schools, parks, shopping, and major roadways. It's a consistent rental pocket with steady demand, making it a reliable choice for investors. For investors, this is a turnkey rental with strong performance already in place. For future homeowners, this could be a smart buy—step into a property with equity, collect income now, and plan for personal use down the road. Properties that offer cash flow + equity + location convenience are getting harder to find at this price point.