Great investment oppertunity for a newer duplex that is rented out with leases in place. Side A until 04/30/25 for $1399 and Side B until 09/30/25 for $1299. These units offer low maintenance yards that have turff. Each unit has it's own fenced back yard. Total rent is $2698.
8-units west Lubbock, Horses allowed, with 4- 3bed/2 bath & 3 -2bed/2bath & 1-2bed/1 bath apartment.Great property for people who just want to be out of the city, or have horses, each unit comes with a 30x90 horse pen with covered sheds along the back, also a 8x12 hay/storage area and tack room+ trailer parking included. The property features 150x300 outdoor arena, 100 ft round pen, covered wash rack, with a 1.5 acre turn out for horses. Each unit has large kitchen with granite tops and all kitchen appliances, minimum of 9 ft ceiling throughout, large laundry with pantry. All up stairs units have large bedrooms and closets, down stairs units are nice size with extra built-ins. Tenant pays electric. Owner pays water and trash. Water is on 2 wells. Building is efficient with spray foam insulation, Separate HVAC & water heater for each unit. Pipe fencing around property.15 minutes to Tech, 5 minutes to equestrian center.
Welcome to Elm Grove Mobile Home Village, an expansive 5.75-acre property offering a unique investment opportunity. This park features a spacious 4,720 square foot house and a 3,825 square foot shop, both currently unleased. Elm Grove Mobile Home Village includes 24 well-maintained mobile home units, each connected to one of twelve septic tanks, ensuring efficient waste management, while the house has its own separate septic system. All units, including the house, are serviced by a single well, ensuring a consistent water supply. This self-sufficient setup offers peace of mind and cost savings, making it a compelling opportunity for investors looking to maximize potential rental income and manage a profitable mobile home park.
The median home value in Lubbock, TX is $134,900. This is higher than the county median home value of $132,000. The national median home value is $219,700. The average price of homes sold in Lubbock, TX is $134,900. Approximately 46.71% of Lubbock homes are owned, compared to 43.03% rented, while 10.27% are vacant. Lubbock real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lubbock real estate agent to arrange a tour today!
Lubbock, Texas 79407 has a population of 247,323. Lubbock 79407 is less family-centric than the surrounding county with 28.92% of the households containing married families with children. The county average for households married with children is 31.36%.
The median household income in Lubbock, Texas 79407 is $47,326. The median household income for the surrounding county is $49,078 compared to the national median of $57,652. The median age of people living in Lubbock 79407 is 29.4 years.
The average high temperature in July is 92.8 degrees, with an average low temperature in January of 26.4 degrees. The average rainfall is approximately 20.4 inches per year, with 8 inches of snow per year.