Refine Search
Sort by
$115,000
2 Beds 2 Baths 202610975 MLS
Exceptional Investment Opportunity with Future Development Potential! Don't miss this income-producing duplex situated on an expansive 12,000 sq. ft. lot offering both immediate cash flow and exciting future possibilities. Each of the two 1-bedroom, 1-bath units is currently tenant-occupied with leases in place through Spring 2027, providing stable rental income from day one. The property has been refreshed with recent interior paint and updated flooring, and appliances are included, making this a turnkey investment for your portfolio. What truly sets this property apart is its zoning, which allows for up to four residential units (buyer to verify with local planning authorities). With the potential to add two additional units, investors have an opportunity to increase rental income and maximise the property's long-term value. Ideally located within walking distance of local businesses, shopping, restaurants, gas stations, and employment centers, the property offers the convenience today's renters are looking for. Quick freeway access makes commuting simple and further enhances its rental appeal. Whether you're seeking dependable rental income today or exploring future expansion opportunities, this property offers a rare combination of cash flow, location, and development potential. Schedule your showing and discover the possibilities this exceptional investment has to offer.

714 29th Street, Lubbock

$22,000
2 Beds 1 Baths 202605974 MLS
Welcome to 2510 Ave K — a prime opportunity for investors looking for a heavy value-add project with significant upside. This property is currently tenant-occupied on a month-to-month lease, providing some income while you plan your next steps. The home is very under-rented and will require major repairs and renovation to bring it up to full market potential—making it ideal for investors ready to take on a project. What makes this opportunity stand out is the pricing. Listed at approximately 28% of its market value, this property offers substantial room for improvements, repositioning, and long-term equity growth. Located in Central Lubbock with convenient access to downtown, major roadways, and Texas Tech University, the area continues to support steady rental demand—making it a strong candidate for a flip, rental hold, or full reposition. For experienced investors or those looking for a project with maximum upside potential, this is the kind of deal where the numbers can make sense.

2510 Avenue K, Lubbock

$59,000
3 Beds 1 Baths 202605962 MLS
Welcome to 706 29th St — a solid investment opportunity in an established Central Lubbock neighborhood known for consistent rental demand. This property is currently leased at $750/month, with a long-term tenant who would like to remain, offering immediate and reliable income from day one. For investors looking for stability, it doesn't get much more straightforward than this. Even better, the property is priced at approximately 72% of its market value, creating a built-in equity position with room for future appreciation. Located just minutes from Texas Tech University and downtown Lubbock, this area continues to attract tenants due to its convenience, accessibility, and affordability. It's a proven rental pocket with ongoing demand. Whether you're looking to expand your portfolio with a low-maintenance rental or secure a property with strong fundamentals, this one checks the boxes: cash flow, tenant stability, and below-market pricing. Opportunities like this—occupied, performing, and priced right—don't last long.

706 29th Street, Lubbock