$1,100,000

7603 Alcove Ave Unit A-D Lubbock, TX 79407

Estimated payment $6,447/month

21 Beds
12 Baths
9,752 Sq Ft
$113 Price per Sq Ft

Highlights

  • No HOA
  • Bennett Elementary School Rated A
  • Central Heating and Cooling System

About This Home

Prime 4± acres on Alcove Ave with immediate access to US-82/62 (Marsha Sharp Fwy) in a fast-growing corridor. United Supermarkets is planned across the street, and Alcove Ave is scheduled to be widened, enhancing visibility and access. The property is currently improved with nine rental houses producing approximately \$8,450 per month, providing reliable income while you design and entitle your project. Surrounded by established retail and dining, this site is well-positioned for future retail pads, a neighborhood center, restaurants, or other service-oriented commercial uses. Redevelop on your timeline and let the existing cash flow carry the site until you're ready.

Listing Agent

Jaden Timmons

Progressive Properties License #0686226 Listed on: 10/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,101

Year Built

  • Built in 1956

Parking

  • Private Parking

Home Design

  • 9,752 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 12 Full Bathrooms

Additional Features

  • 4 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gross Income $8,350

Listing and Financial Details

  • Assessor Parcel Number R130706

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,101

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Reso Property Sub Type: Package Property
  • Road Frontage Type: City Street
  • Road Surface Type: All Weather
  • Above Grade Finished Sq Ft: 9752.0
  • New Construction: No
  • Legal Description: BLK AK SEC 31 AB 243 TR C4A LESS W10' ACS: .2565 - Please reach out to listing agent for all legal descriptions
  • Location Tax and Legal Parcel Number2: R130706
  • General Property Information Above Grade Finished Area: 9752.0
  • General Property Information Lot Size Acres: 4.0
  • General Property Information Lot Size Square Feet2: 174240.0
  • Location Tax and Legal:Tax Annual Amount: 21000.0
  • General Property Information Accessibility Features YN2: No
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Composition
  • Acres: 4.0
  • Construction Type: Unknown
  • Construction Materials:Unknown: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Private
  • Parking Features:Private3: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 174240.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R130706

Tax Info

  • Tax Annual Amount: 21000.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,101 $337,121 $186,394 $150,727
2024 $7,101 $344,012 $186,394 $157,618
2023 $6,830 $326,150 $186,394 $139,756
2022 $2,940 $129,129 $8,986 $120,143
2021 $2,769 $114,497 $8,986 $105,511
2020 $2,915 $119,994 $8,986 $111,008
2019 $3,000 $119,994 $8,986 $111,008
2018 $2,329 $118,536 $10,164 $108,372
2017 $1,888 $95,946 $10,164 $85,782
2015 $1,588 $84,275 $10,164 $74,111
2014 $1,588 $79,926 $10,164 $69,762
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $1,100,000 -- $113 / Sq Ft
Source: Lubbock Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Service Title
Warranty Deed -- None Listed On Document
Deed $334,693 Service Title
Deed -- Service Title
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Previous Owner $334,693 Seller Take Back
Source: Public Records

Source: Lubbock Association of REALTORS®

MLS Number: 202561366

Lubbock Association of REALTORS®

APN: R130706

Texas Lubbock County Lubbock 79407

7603 Alcove Ave Unit A-D, Lubbock, TX

This home is located at 7603 Alcove Ave Unit A-D, Lubbock, TX 79407 and is currently priced at $1,100,000, approximately $112 per square foot. This property was built in 1956. 7603 Alcove Ave Unit A-D is a home located in Lubbock County with nearby schools including Bennett Elementary School, Frenship Middle School, and Frenship High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lubbock Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Jaden Timmons
Listing Agent
Jaden Timmons
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Progressive Properties
(806) 216-5393