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  • Key Facts
  • Description
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Key Facts

Type Package Property
Levels Residential
Size 985 sqft
Garage Yes
Maintenance Fees 
Taxes $2,176
Days Active 0
Approx. Age 2005
Avg. Price Per Sqft $126
MLS® Number 202555265

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This 3-bedroom, 1-bath home with 1-car garage at 6315 24th St in Lubbock offers a strong investment return with minimal hassle. Currently leased at $1, 045/month through June 2025, this 985 sq ft property generates $12, 540 annually, delivering a solid 10.0% CAP Rate and ROI. Situated in the popular Frenship ISD and offering a large driveway with plenty of off-street parking, it's ideal for long-term tenants. The property is in a well-established residential neighborhood near Loop 289, shopping, and dining, which supports continued rental demand. With a low-maintenance layout and reliable tenant already in place, this home is priced competitively under market value—making it an excellent addition to any buy-and-hold portfolio. Available on its own or as part of a 6-property cash-flowing package that includes 6313 23rd St, 6210 22nd St, 6212 22nd St, and duplexes at 4423 & 4425 31st St.Show Description
MLS® Number202555265
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorAwning(s)
GarageYes
Approx. Age2005
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

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