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    Friona, TX
    Residential Income

    Friona, TX Residential Income Properties for Sale

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    Bovina, TX Hereford, TX Farwell, TX Clovis, NM Muleshoe, TX
    Historic Hotel Building
    Updated: Feb 25
    Historic Hotel Building

    515 N Main Street, Friona, TX 79035

    $175,000
    5,152 sqft 0.16 AC lot
    5152 square feet of building area
    Constructed in 1920
    Previously used for short‑term and long‑term rental accommodations
    Stucco construction materials
    Composition roof
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Friona, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Duplex with New Roof
    Updated Duplex with New Roof

    400 Blevins, Hereford, TX 79045

    $150,000
    1,248 sqft 0.17 AC lot

    Two occupied units with refreshed interiors, upgraded plumbing, and stucco exterior construction.

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    Four-Unit Quadplex
    Four-Unit Quadplex

    2433 21ST, Clovis, NM 88101

    $465,000

    Multifamily property with consistent unit layouts suited to residential rental use.

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    New Two-Unit Duplex
    New Two-Unit Duplex

    3521 Ethan Avenue, Clovis, NM 88101

    Contact for pricing

    Each residence combines two bedrooms and two bathrooms with contemporary finishes and a low-maintenance layout.

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    Four-Duplex Income Property
    Four-Duplex Income Property

    1107 Caprock Street, Hereford, TX 79045

    $1,100,000

    Brick construction, attached garages, and fenced yards support an efficiently configured residential income property.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hereford TX Land For Sale
    Hereford TX Land For Sale

    E 15th Street, Hereford, TX 79045

    $189,900
    2.36 AC lot

    Land with multi-family zoning near Aquatic Center and local amenities.

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    Land Available in Hereford, TX
    Land Available in Hereford, TX

    CO RD 7B, 7C, and 7D, Hereford, TX 79045

    Contact for pricing
    2.66 AC lot

    Unrestricted land lots suitable for home, shop, or grazing.

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    Farwell, TX 10-Acre Lots
    Farwell, TX 10-Acre Lots

    Farewell Farms, Farwell, TX 79325

    $45,000
    10.00 AC lot

    10-acre lots near Farwell, TX, owner financing available.

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    Muleshoe, TX 10-Acre Lots
    Muleshoe, TX 10-Acre Lots

    Muleshoe Farms, Muleshoe, TX 79347

    $48,500
    10.00 AC lot

    10-acre lots near Muleshoe, TX, owner financing available.

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    Friona, TX Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Friona, TX on our real estate platform. These investment opportunities span a total of 5,152 square feet of properties for sale, with an estimated market value of $175,000.

    Sale prices for residential income properties in Friona, TX average $175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1
    Short term rental properties 1

    Demographics Overview

    Population 5,356
    Population Growth (5Y) +3.5%
    Median Household Income $74,773
    College Educated 23.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.79%
    Property Tax per SF $22.32 per SF
    Tax Rate vs County Average 0.30 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Friona, TX

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