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    Lamb County, TX Residential Income Properties for Sale

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    Mixed-Use Property With Rental Units
    Updated: May 6
    Mixed-Use Property With Rental Units

    400 Phelps Avenue, Littlefield, TX 79339

    $229,000
    1,375 sqft 0.07 AC lot
    1,375‑square‑foot front commercial building
    Two residential rental units at the rear
    Both residential units currently occupied by long‑term tenants
    0.07‑acre corner lot
    Located along a main thoroughfare
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    Littlefield Multifamily Investment Opportunity
    Updated: May 5
    Littlefield Multifamily Investment Opportunity

    1100 S Wicker Avenue, Littlefield, TX 79339

    $2,400,000
    Value‑add multifamily investment opportunity.
    High current occupancy rate of approximately 93%.
    Trailing NOI of approximately $238,940 on $340,126 total income, supporting a 9.96% cap rate.
    Opportunity to increase NOI through strategic rent adjustments to market averages.
    Strong collections and consistent income performance.
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    Value-Add Apartment Community
    Value-Add Apartment Community

    1100 South Wicker Avenue, Littlefield, TX 79339

    $2,400,000

    Apartment community with 45 units and roughly 93% occupancy, offering room to increase NOI through rent adjustments.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lamb County, TX, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    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.

    Unrestricted Texas Farmland Tract
    Unrestricted Texas Farmland Tract

    3665 (30 Acres) N Fm 2130, Anton, TX 79313

    $145,000
    30.00 AC lot

    Fenced agricultural acreage with paved access and cable availability near US-84.

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    Anton, TX Acreage Available
    Anton, TX Acreage Available

    2 & 3 FM 2130, Anton, TX 79313

    $135,000
    13.40 AC lot

    13+ acre tracts near Roundup, TX, convenient to TTU.

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    Anton, TX Land Tract
    Anton, TX Land Tract

    FM 2130, Anton, TX 79313

    $169,000
    13.36 AC lot

    13+ acre tract with highway access near Roundup, Texas.

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    One Acre Lot in Anton
    One Acre Lot in Anton

    6861 N Bulldog, Anton, TX 79313

    $34,995
    1.00 AC lot

    One acre lot in Anton, Texas, near Lubbock.

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    Lamb County, TX Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Lamb County, TX, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,375 square feet of properties for sale, with an estimated market value of $5,029,000.

    Sale prices for residential income properties in Lamb County, TX start at $229,000, averaging $1,676,333, and reaching up to $2,400,000 — 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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