Package Property 2 Lubbock, TX 79412
Ballenger NeighborhoodEstimated payment $2,853/month
Highlights
- 0.73 Acre Lot
- Central Heating and Cooling System
- Ceiling Fan
- No HOA
About This Home
3 out of the 5 units are rented. Pro-forma cap rate at 100% occupancy is 8.25%.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2006
Lot Details
- 0.73 Acre Lot
- Back Yard Fenced
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 5,340 Sq Ft Home
- Ceiling Fan
Bedrooms and Bathrooms
- 15 Bedrooms
Parking
- 2 Parking Spaces
- 2 Carport Spaces
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number R313644
Community Details
Overview
- No Home Owners Association
Building Details
- Gross Income $55,620
- Net Operating Income $37,971
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $460,000 | 0.0% | $86 / Sq Ft |
| 08/31/2025 08/31/25 | Off Market | -- | -- | -- |
| 02/23/2025 02/23/25 | For Sale | $460,000 | -- | $86 / Sq Ft |
Source: Lubbock Association of REALTORS®
MLS Number: 202550866
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