New Construction
For Sale
$7,225,000
7120 Package Property Street, Lubbock, TX 79407
Residential Income, Lubbock, TX
Property SizeContact for details
Days on Market1289
Property Features for 7120 Package Property Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
7
Standard status
Active
APN
R340098
Listing Agency:
Dannheim Realty
Listed By:
Chuck Dannheim · License #0591961
(806) 787-9034
Added: Apr 26, 2023
Changed: Sep 8
Last Checked: Nov 4 at 7:06PM
MLS# 202305510
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.
This newly constructed duplex offering includes 17 available properties in northwest Lubbock. Each duplex is configured with two residential sides, and every side contains three bedrooms and two bathrooms. Interior features include granite countertops, window treatments, ceiling fans, vinyl plank flooring, designer tile, and coordinated interior finishes. Open-concept layouts support connected living and dining areas, while fenced backyards include artificial turf.
The properties are located within the Frenship School District. The offering is reported at 100% occupancy and an 8% cap rate. Interior and exterior design and construction were completed by Clearview Custom Homes.
The properties are located within the Frenship School District. The offering is reported at 100% occupancy and an 8% cap rate. Interior and exterior design and construction were completed by Clearview Custom Homes.
Key Highlights
- 17 available newly constructed duplexes
- Each side includes 3 bedrooms and 2 bathrooms
- Within the Frenship School District
Property Analytics
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Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
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Business Placement
Demographics for 79407, TX
23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Seventeen newly built duplexes offer bright open interiors, finished outdoor space, and placement within the 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: 17 available newly constructed duplexes; Each side includes 3 bedrooms and 2 bathrooms; Within the Frenship School District
