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    Package Property Lubbock, TX 79410

    For Sale
    $415,000

    MULTI_FAMILY - Lubbock, TX

    Days on Market:
    62
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for Package Property

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 6, Bathroom 2, Bathroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 1
    Bedrooms
    6
    Bathrooms
    4
    APN
    R104411
    Parking features
    Garage, Driveway

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1943
    Number of units
    2

    Keller Williams Realty (806) 771-7710 [email protected]

    Listing agent Rex Andrews (806) 777-6556 License #0663823

    Listing date Oct 5, 2025

    Copyright © 2025 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 Income-Generating Package Property

    This package offers a rare opportunity to own income-generating properties in Lubbock, TX. The first property, located at 3601 33RD ST, is a fully leased home featuring 3 bedrooms and 3 bathrooms. It includes two separate living areas, providing flexibility and comfort for tenants. Each bedroom offers generous space and privacy. A detached 2-car garage adds convenience and potential for additional storage or future development. The property is currently 100% leased with a strong rental history and reliable tenants, producing consistent cash flow. The well-maintained interior requires minimal upkeep. The second property, located at 2601 30TH ST, is situated on a spacious corner lot in the Tech Terrace neighborhood. This home includes 3 bedrooms and 2 bathrooms, blending timeless charm with everyday functionality. The layout offers generous living spaces and a bright kitchen. The property is currently occupied, presenting an option for investors looking for immediate rental income or future homeowners wanting to secure a spot in one of Lubbock's most beloved communities. It is located just minutes from Texas Tech University, coffee shops, parks, and local favorites.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.887956
    Latitude
    33.563441

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    FAQs

    What type of property is this?
    Residential income property - Fully leased properties with strong rental history in desirable Lubbock locations.
    Where is this residential income property located?
    The property is located at Package Property Lubbock, TX.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: - Income-generating property boasting 100% occupancy and a strong rental history.; - Desirable Tech Terrace location, conveniently located near Texas Tech University, coffee shops, and parks.; - Spacious 3-bedroom, 2-bathroom home on a corner lot.
    (806) 777-6556
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    Package Property Lubbock, TX 79410
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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 79410
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