$1,999,000

35 Package Property Tulia, TX 79088

Estimated payment $12,266/month

Total Views 2,839
94 Beds
42 Baths
39,765 Sq Ft
$50 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

Cash-flowing, 8.5% CAP rate, 91% occupancy rate, rental property package deal! Can be sold as the total package, small packages or individually. High rental demand location with long-term tenants in place. Immediate cash flow, strong ROI and upside potential. 2-4 bedroom homes ranging from fully remodeled to fixer uppers. Meets the 1% rule and many are HUD eligible. Tulia 31 SFR and 1 commercial, Plainview 2 SFR, Lubbock 1 SRF. NOI and rent roll available.

Listing Agent

Miranda Eastwood

Real Estate Just For You, LLC License #0843584 Listed on: 01/13/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 8,800 Sq Ft Lot
  • Additional Parcels

Home Design

  • 39,765 Sq Ft Home

Bedrooms and Bathrooms

  • 94 Bedrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 19555

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

8,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Reso Property Sub Type: Package Property
  • Road Frontage Type: See Remarks
  • Road Surface Type: See Remarks
  • Above Grade Finished Sq Ft: 39765.0
  • New Construction: No
  • Legal Description: 35 Package Properties
  • Location Tax and Legal Elementary School: Tulia
  • Location Tax and Legal High School: Tulia
  • Location Tax and Legal Parcel Number2: 19555
  • General Property Information Above Grade Finished Area: 39765.0
  • General Property Information Lot Size Acres: 0.202
  • General Property Information Lot Size Square Feet2: 8800.0
  • Lease Term Options 12 Months: Yes
  • Location Tax and Legal:Tax Annual Amount: 35500.0
  • General Property Information Accessibility Features YN2: No
  • Location Tax and Legal Middle or Junior School: Tulia
  • Income And Expenses Cap Rate: 8.5
  • Location Tax and Legal Additional Parcels YN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Half Bathrooms: 2

Exterior Features

  • Acres: 0.2
  • Construction Type: Other
  • Construction Materials:Other8: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other24: Yes

Utilities

  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Tulia
  • Middle Or Junior School: Tulia

Lot Info

  • Lot Size Sq Ft: 8800.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 31 Single Family, 1 Commercial in Tulia. 2 Single Family in Plainview, 1 Single Family in Lubbock. Package Properties
  • Additional Parcels: Yes
  • Parcel #: 19555
  • Zoning Description: Single Family

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 35500.0

MLS Schools

  • Elementary School: Tulia

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2026 01/13/26 For Sale $1,999,000 -- $50 / Sq Ft
Source: Lubbock Association of REALTORS®

Source: Lubbock Association of REALTORS®

MLS Number: 202600592

Lubbock Association of REALTORS®
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