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Lubbock TX 4-Home Rental Portfolio 1 Multifamily Properties Offered at $720,000 in Lubbock, TX

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Investment Highlights

  • 4-Home Rental Portfolio Located Near Texas Tech University
  • Total Monthly Rental Income: $8,150
  • Properties Located Within Minutes of Each Other
  • Strong Student & Workforce Rental Demand Area
  • Annual Gross Income: $97,800
  • 4 Single Family Homes

Executive Summary

Sales Notes – Texas Tech Area Rental Portfolio (4 Properties) | Lubbock, Texas
This portfolio consists of four single-family rental homes located within close proximity to one another in the Texas Tech University corridor of Lubbock, Texas. The area is known for strong rental demand driven by the university population, workforce housing needs, and consistent tenant demand. The properties provide immediate income with an attractive gross rental profile.
The homes are positioned near the 20th–27th Street corridor, just minutes from Texas Tech University, making them appealing to both student and long-term tenants. This portfolio presents an opportunity for investors seeking stable cash flow in a strong rental market.
Property Breakdown
2122 27th St, Lubbock, TX
Size: 1,824 SF
Monthly Rent: $1,400
2203 20th St, Lubbock, TX
Size: 2,099 SF
Monthly Rent: $3,350
2706 24th St, Lubbock, TX
Size: 1,856 SF
Monthly Rent: $2,400
3414 27th St, Lubbock, TX
Size: 1,004 SF
Monthly Rent: $1,000
Portfolio Income
Total Monthly Rent: $8,150
Annual Gross Income: $97,800
This portfolio is well suited for investors seeking a multi-property acquisition in a stable Texas market with strong rental demand supported by Texas Tech University. The clustering of the properties within the same general neighborhood allows for easier management and operational efficiency.
The portfolio offers investors an opportunity to acquire multiple income-producing homes in a single transaction within one of Lubbock’s most active rental corridors.
Available as a portfolio sale only. Additional information available upon request.

Property Facts

Price $720,000
Price / SF $343.02 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 13.58%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 2,099 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
2099 SF SFR
777 20th St Lubbock TX 79411 St, Lubbock, TX 79411
Multifamily 2,099 SF 1936 -
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  • Listing ID: 39663717

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: Lubbock TX 4-Home Rental Portfolio, Lubbock, TX

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