About This Home
This 3-bedroom, 2-bathroom residential multi family at 11206 Akron Avenue in Lubbock, TX is listed for $219,000 ($133 per sqft). Built in 2016, the home offers 1,645 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 2016
- 0.16 acre lot
Property Details
Amenities
Investor opportunity! Three fully occupied single-family homes being offered together as a portfolio on Akron Avenue in Lubbock. Each property features approximately 1,645 sq. ft., 3 bedrooms, 2 bathrooms, and a 2-car garage. All three homes are currently leased through 2027, providing immediate rental income with $5,025 in total monthly scheduled rent / $60,300 annually.
The properties are professionally managed and feature brick exteriors, spacious living areas, fenced backyards, and attached garages. Documented rental history, financials, maintenance records, and lease information are available for buyer review. Offered as a package at $687,000 ($229,000 per property). Great opportunity to acquire three stabilized rental properties in a single transaction.
Monthly Cost Estimate
$1,171/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11206 Akron Avenue
Lubbock, TX 79423
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 11206 Akron Avenue is listed at $219,000 ($133/sqft). The estimated monthly payment is $1,171 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2016, 0.16 acre lot. Interior Features: Ceiling Fan(s), Open Floorplan. Exterior Features: Private Yard.
This property is listed by Lynzi Hiler and can be reached at 8067770532.