10307 Vernon Avenue, Lubbock, TX, 79423
10307 Vernon Avenue, Lubbock, TX, 79423Basics
- Date added: Added 16 hours ago
- Category: Residential Income
- Type: Package Property
- Status: Active
- Bedrooms: 16
- Bathrooms: 11
- Area: 7716 sq ft
- Lot size: 0.63 sq ft
- Year built: 2018
- Bathrooms Full: 11
- Lot Size Acres: 0.63 acres
- Address: 10307 Vernon Avenue, Lubbock, TX, 79423
- County: Lubbock
- MLS ID: 202552184
Description
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Description:
**Please read carefully!! I had to use one address to enter the package listing. bed/bath/garage/sqft count is for all 4 properties combined. Package to be sold as a whole** Turnkey 4-Property Investment Package - High Cash Flow & Long-Term Appreciation!
Seize this opportunity to own a well-balanced 4-property investment package in Lubbock, TX! Designed for both strong immediate cash flow and long-term equity growth, this portfolio includes two high-earning, fully remodeled properties in the Heart of Lubbock and two appreciating assets in the desirable Fox Ridge neighborhood.
Asking Price: $965,000
Gross Monthly Income: $8,700Heart of Lubbock - High Cash Flow
2104 20th St. - 4 Bed | 2 Bath | 1,796 sq ft | $2,000/month (Leased through July 2025)Fully remodeled 1943 home with modern upgrades.
Prime location near Texas Tech & local hotspots.
2114 21st St. - Duplex - FULL GUT REMODEL
Unit A: 2 Bed | 2 Bath | 1,064 sq ft | $1,250/month (Leased through July 2026)
Unit B: 3 Bed | 3 Bath | 1,326 sq ft | $1,600/month (Leased through May 2026)
Updated from top to bottom, tenants pay all utilities.
Fox Ridge - Appreciation & Stability
2316 101st St. - 4 Bed | 2 Bath | 2-Car Garage | 1,775 sq ft | $2,000/month (Leased through March 2026)Built in 2008 & fully remodeled, ideal for long-term appreciation.
10307 Vernon Ave. - 3 Bed | 2 Bath | 2-Car Garage | 1,755 sq ft | $1,850/month (Leased through April 2026)
2018-built home with tasteful upgrades in a sought-after neighborhood.
All properties are 100% leased with strong tenants covering utilities. Whether you're looking for immediate rental income, future appreciation, or a mix of both, this portfolio delivers. Invest in Lubbock's thriving market today!
**Please reach out for any questions/clarification, as there is a lot of information packed into the listing!! I do have more photos, but could only display so many**
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Location
Building Details
- Cooling features: Central Air
- Building Area Total: 7716 sq ft
- Garage spaces: 4
- Number Of Units Total: 5
- Construction Materials: Brick Veneer, Vinyl Siding, Wood Siding, Other, See Remarks
- Architectural Style: Traditional, Other
- Sewer: Public Sewer
- Heating: Central
- Roof: Composition
- Foundation Details: Pillar/Post/Pier, Slab
Amenities & Features
- Basement: No
- Laundry Features: In Unit
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Private Pool: No
- Flooring: Carpet, Combination, Tile, Vinyl, Other, See Remarks
- Fireplace: No
- Fencing: Fenced
- Parking Features: Additional Parking, Alley Access, Attached, Concrete, Driveway, Garage, Off Street, On Street, Common
- WaterSource: Public
- Appliances: Other
- Interior Features: See Remarks
- Lot Features: City Lot, See Remarks
- Window Features: Double Pane Windows
- Patio And Porch Features: Covered, Patio, Rear Porch
- Exterior Features: Fire Pit, Lighting, Outdoor Grill, Private Entrance, Private Yard, Other
Fees & Taxes
- Gross Income: $8,700
Miscellaneous
- Road Surface Type: All Weather, Asphalt, Concrete
- Listing Terms: 1031 Exchange, Cash, Conventional, Private Financing Available, Special Funding
- Special Listing Conditions: Standard
- Tenant Pays: All Utilities
Courtesy of
- List Office Name: Aycock Realty Group, LLC