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7401 Avenue X, Lubbock, TX, 79423

6beds
4baths
3,102sqft
$310,000
$100price/sqft
$2,683/moest. monthly cost
$107,320/yrincome needed

About This Home

Fully occupied and professionally managed, this quadplex in South Lubbock offers a turnkey investment opportunity with $2,625/month in current rents. Located just off University Avenue and near South Loop 289, the property provides quick access to major roads, Texas Tech, and nearby restaurants and shopping. Each unit offers 2 bedrooms, and 1 bathrooms with some updates throughout. With stable occupancy and desirable rental units in a consistently leased area, this is a solid, income-producing asset in a great location. This property can also be purchased as a package with 7405 Ave X and 7405 Waco Ave.

Getting Around

64
WalkingSomewhat Walkable
19
TransitMinimal Transit
42
BikeSomewhat Bikeable

Schools

9/10
3/10
Atkins Middle SchoolGrades 6-81.2 mi
5/10
Monterey High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1981

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Ceiling Fan(s)
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area above ground: 3,102

Heating & Cooling

  • Heating features: Natural Gas,Separate Meters
  • Cooling features: Ceiling Fan(s),Electric,Multi Units

Interior Area

  • Total structure area: 3,102
  • Total interior livable area: 3,102 sqft

Property

Details

  • Parcel number: R82786
  • Special condition: Standard

Features

  • Fencing: Back Yard,Fenced,Wood

Lot

  • Lot size: 0.25 Acres

Parking

  • Parking features: Concrete,Common,Parking Lot