About This Home

This 21-bedroom, 12-bathroom residential multi family at 7603 Alcove Avenue # A-D in Lubbock, TX is listed for $1,100,000 ($113 per sqft). Built in 1956, the home offers 9,752 sqft of living space on a 4.00 acres lot.

Key Features

  • Built in 1956
  • 4.00 acre lot

Property Details

12 full
# A-D
1956

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$5,883/mo

20% down · 6.5% · 30 years

Principal$796
Interest$4,767
Insurance$321

Estimates only. Actual payments may vary.

Location

7603 Alcove Avenue # A-D

Lubbock, TX 79407

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 21-bedroom, 12-bathroom residential multi family at 7603 Alcove Avenue is listed at $1,100,000 ($113/sqft). The estimated monthly payment is $5,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956, 4.00 acre lot.

This property is listed by Brandon Tyler.

BT

Brandon Tyler

License 0542831

Agent at Progressive Properties

Listed by Progressive Properties · Broker phone: (806) 239-0962 · View on Broker Site · Broker website

MLS# 202561366· Source: Lubbock Association of Realtors· 391 days on PropertySimple

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7603 Alcove Avenue # A-D, Lubbock, TX 79407

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