$567,000

Value-Add Package (8 Properties) Lubbock, TX 79412

Bayless-Atkins Neighborhood

Estimated payment $3,549/month

Total Views 336
21 Beds
11 Baths
8,715 Sq Ft
$65 Price per Sq Ft

Highlights

  • 1.2 Acre Lot
  • Central Heating and Cooling System
  • Ceiling Fan
  • Multiple cooling system units

About This Home

Investor-friendly 8-property portfolio offering strong occupancy with significant rent-growth and cosmetic value-add potential. All homes are tenant-occupied with consistent rental history but would benefit from light updates to push rents to current market rates. Ideal for BRRRR investors or portfolio builders seeking stabilized cash flow with clear upside. Properties include a mix of 2-3 bedroom homes located in accessible rental areas. Opportunity to reposition these units with minor repairs, improved tenant placement, and rent optimization. Portfolio to be sold only as a group—no individual property sales. Current rents, pro-forma, and financials available upon request.

Listing Agent

Felicia Estrada

Keller Williams Realty License #0673783 Listed on: 12/03/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 1.2 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 8,715 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 11 Full Bathrooms

Parking

  • Carport
  • Driveway

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Community Details

  • Gross Income $65,040

Listing and Financial Details

  • Assessor Parcel Number R132506

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Reso Property Sub Type: Package Property
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 8715.0
  • New Construction: No
  • Legal Description: Vandelia Village Blk 18 L 10
  • Location Tax and Legal Parcel Number2: R132506
  • General Property Information Above Grade Finished Area: 8715.0
  • General Property Information Lot Size Acres: 1.2042
  • General Property Information Lot Size Square Feet2: 52455.0
  • Location Tax and Legal:Tax Annual Amount: 7745.0
  • General Property Information Accessibility Features YN2: No
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Multi Units: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Composition
  • Acres: 1.2
  • Construction Type: Unknown
  • Construction Materials:Unknown: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Driveway
  • Parking Features:Carport: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Multi Units
  • Heating: Central, Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Lot Info

  • Lot Size Sq Ft: 52455.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R132506

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 7745.0

Map

Range of Values:

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Value Increase
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Average Value
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List Price
Sold Price
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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
12/03/2025 12/03/25 For Sale $567,000 -- $65 / Sq Ft
Source: Lubbock Association of REALTORS®

Source: Lubbock Association of REALTORS®

MLS Number: 202563746

Lubbock Association of REALTORS®
Texas Lubbock County Lubbock 79412 Bayless-Atkins

Value-Add Package (8 Properties), Lubbock, TX

For Sale

MultiFamily

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.
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Nearby Homes
Felicia Estrada
Listing Agent
Felicia Estrada
Section Image
Keller Williams Realty
(806) 692-2464