2609 Avenue K, Lubbock, TX 79411

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
2609 Avenue K,Lubbock, TX 79411
$45,750
  • 2 Beds
  • 1 Baths
  • 694 sq. ft.
  • Multi-family
  • Active
Listed by:felicia estrada
Office:keller williams realty
MLS#:202561966
Source:TX_LAR

Price summary

  • Price:$45,750
  • Price per sq. ft.:$65.92

About this home

This asset is offered as part of a value-add investment portfolio of 18 properties. As part of this investment portfolio, this 2-bed / 1-bath home is priced attractively at approximately 75% of market value. The property is currently leased for $525/month, which is above the 1 % rule relative to purchase price. A new roof was installed in 2021, minimizing near-term capital needs, and the tenant has a strong track record of timely payments and expresses a desire to stay long-term. Located along the Avenue K corridor, this property benefits from access to central Lubbock, transit routes, and nearby amenities. This is an ideal acquisition for a hands-off investor seeking a low-risk, cash-flowing asset with built-in upside in your portfolio.

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Home facts

  • Year built:1947
  • Listing ID #:202561966
  • Added:7 day(s) ago
  • Updated:October 25, 2025 at 03:09 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:694 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1947
  • Building area:694 sq. ft.
  • Lot area:0.09 Acres

Schools

  • High school:Estacado
  • Middle school:Dunbar College Preparatory Academy
  • Elementary school:Bean

Finances and disclosures

  • Price:$45,750
  • Price per sq. ft.:$65.92
  • Tax amount:$910
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