7120 Package Property Street Lubbock, TX 79407

Listing Agency Dannheim Realty Show Phone

604 CR 7200, Lubbock, TX

Listed by Chuck Dannheim · License #0591961 Show Phone

Added: Apr 26, 2023 Checked: Jul 17 at 2:06 pm

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MLS# 202305510 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.

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Investment Insights

Based on property information with market context.

New construction duplexes are available in Northwest Lubbock, situated within the Frenship School District. Constructed by Clearview Custom Homes, each side features 3 bedrooms and 2 bathrooms. Interior finishes include granite countertops, window treatments, ceiling fans, vinyl plank flooring, and designer tile. The homes offer an open concept with designer colors, creating a light and bright atmosphere. Each unit includes a fenced backyard with artificial turf. There are 17 units available. Each unit is priced at $441,800, or the entire package can be purchased for $7,510,600. The property has 100% occupancy at $1600 per side, resulting in an 8% cap rate. The property is located at 7120 Package Property Street, Lubbock, TX 79407.

Key Highlights

• New construction duplexes in NW Lubbock
• Located in the desirable Frenship School District
• 8% Cap Rate with 100% Occupancy

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FAQs

What type of property is this?

Duplex - New construction duplexes in NW Lubbock, Frenship School District.

Where is this duplex located?

The property is located at 7120 Package Property Street Lubbock, TX.

What is the asking price?

The asking price for this property is $7,225,000.

What are key features of this property?

This property features: New construction duplexes in NW Lubbock; Located in the desirable Frenship School District; 8% Cap Rate with 100% Occupancy