Average square foot calculated using Size range provided by listing agent.
Description
This well-maintained 2-bedroom, 1-bath home at 6212 22nd St is a solid, income-generating asset in a ever-growing area of Lubbock. Leased through April 2025 at $999/month and then month-to-month, this 884 sq ft property brings in $11, 988 annually—delivering a 10.9% CAP Rate and matching ROI. Located in the desirable Frenship ISD, the home features an extended driveway for ample off-street parking, and a functional layout that appeals to long-term renters. The surrounding neighborhood is quiet yet convenient, with easy access to local amenities and just a short drive to Texas Tech. With a strong tenant already in place and a competitive price point well below market value, this property is an excellent addition to any buy-and-hold portfolio. Purchase alone or as part of a 6-property investment package that includes 6313 23rd St, 6315 24th St, 6210 22nd St, and duplexes at 4423 & 4425 31st St.Show Description