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    Package Property Lubbock, TX 79406

    Sponsored
    For Sale
    $414,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    5,340 SF
    Lot size:
    0.85 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for Package Property

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 9, Bathroom 3, Bedroom 14, Bedroom 6, Bathroom 6, Bedroom 11, Bedroom 13, Bedroom 2, Bedroom 8, Bathroom 8, Bathroom 7, Bedroom 5, Bathroom 10, Bathroom 2, Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 7, Bedroom 3, Bedroom 1, Bedroom 9, Bathroom 5, Bedroom 10, Bedroom 12
    Bedrooms
    14
    Bathrooms
    8
    APN
    R117412
    Parking
    2
    Parking features
    Carport
    Size
    5,340 SF
    Lot size
    0.85 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Building materials
    Vinyl Siding

    Brick & Loft Realty (806) 500-6665

    Listing agent Collen Melton (806) 999-5353 License #0774198

    Listing date Jan 6, 2026

    MLS# 202550863 Listing URL

    Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lubbock Multifamily Investment Opportunity

    A package of five properties is available for purchase in Lubbock, Texas. Four of the five properties are currently leased. The pro-forma capitalization rate is 8.92%, based on 100% occupancy. The properties are situated on a lot measuring approximately 0.85 acres. The total property size encompasses 5,340 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.884596
    Latitude
    33.60828

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    FAQs

    What type of property is this?
    Specialty property - Package of five properties in Lubbock, Texas for sale.
    Where is this specialty property located?
    The property is located at Package Property Lubbock, TX.
    What is the asking price?
    The asking price for this property is $414,000.
    What are key features of this property?
    This property features: - Package of 5 properties for sale.; - Pro-Forma Cap Rate of 8.92% based on 100% occupancy.; - 4 out of 5 properties are currently leased.
    (806) 999-5353
    Request Owner's contact information
    Package Property Lubbock, TX 79406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Package Property Lubbock, TX 79406
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