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1305 S 9th Street, Slaton
$349,000
7 Beds ⋅ 6 Baths ⋅ 202613585 MLS
Fully occupied. All six units were leased as of September 30, 2026. Staggered lease expirations. All six current leases expire between December 2026 and September 2028, so rollover is spread out over time. Affordable, efficient unit mix. Five one-bedroom units (400-500 SF) and one two-bedroom unit (840 SF), with rents from $585 to $899 per month. In-place rents close to market. Current rents are within 2% of market rents on the rent roll. Reported average one-bedroom rent in Slaton was about $648 in December 2024, in line with this property's one-bedroom rents. Convenient location. Slaton sits along U.S. Highway 84, about 15 miles from Lubbock and its employment base. Professionally managed with a full year of documented operating expenses.

1305 S 9th Street, Slaton

2534 137th Street, Lubbock
$1,150,000
15 Beds ⋅ 16 Baths ⋅ 202613104 MLS
Turnkey Five-Unit Townhome Investment in South Lubbock - 2534, 2536, 2538, 2540, 2542 137th St. Positioned in a growing area of South Lubbock, 2534 137th St presents a compelling multifamily investment opportunity featuring five modern townhome units built in 2022. The property consists of three 3-bedroom, 2.5-bath units and two 3-bedroom, 2-bath units. Each unit features a one-car garage, private driveway, and access to additional street parking. Interior finishes include granite countertops and luxury vinyl plank flooring, while low-maintenance turf helps reduce exterior upkeep. Located within walking distance of Lubbock-Cooper East Elementary School, this provides a strong opportunity to acquire a newer multifamily asset with modern finishes and multiple income-producing units in one of South Lubbock's growing areas. Buyer and buyer's agent to independently verify all measurements, financial information, occupancy, schools, zoning, and other property details.

2534 137th Street, Lubbock

1621 Avenue Y, Lubbock
$270,000
5 Beds ⋅ 4 Baths ⋅ 202612317 MLS
SHORT SALE - Property is being sold AS-IS and all offers are subject to lender approval. Unique investment opportunity near Texas Tech featuring three separate dwellings on one property! Located approximately a 20-minute walk from Jones AT&T Stadium, the property includes a 3-bedroom, 2-bath main home that has been operating as an Airbnb, plus two 1-bedroom, 1-bath efficiency units. The efficiency units are currently occupied and generate a combined rental income of $1,137 per month. Due to tenant occupancy, the efficiency units will not be available for showings until the property is under contract. With multiple existing income streams and close proximity to Texas Tech, this property offers an opportunity for investors looking to add to their rental portfolio. Buyer to verify all property information, rental information, restrictions, and short-term rental requirements.

1621 Avenue Y, Lubbock

400 Phelps Avenue, Littlefield
$198,000
202606082 MLS
Prime investment opportunity in the heart of Littlefield! Situated on a high-visibility corner lot along a main thoroughfare, this versatile commercial property offers the perfect blend of business potential and steady income. The front building is ideal for retail, office, or service use, providing excellent exposure and accessibility. In addition, the property features two established residential rental units located at the rear, both currently occupied by long-term tenants, creating immediate and consistent cash flow. Whether you're an investor looking to expand your portfolio or a business owner seeking a live/work opportunity, this property delivers flexibility and value. With multiple income streams and strong location appeal, this is a rare chance to own a mixed-use asset in a growing community. Don't miss this unique opportunity to invest in a property that works for you!

400 Phelps Avenue, Littlefield