6120 Avenue R, Lubbock, TX 79412
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
6120 Avenue R,Lubbock, TX 79412
$80,000
- 3 Beds
- 1 Baths
- 1,436 sq. ft.
- Multi-family
- Active
Listed by:felicia estrada
Office:keller williams realty
MLS#:202561990
Source:TX_LAR
Price summary
- Price:$80,000
- Price per sq. ft.:$55.71
About this home
This asset is offered as part of a value-add investment portfolio of 18 properties. This 3-bedroom, 1-bath home is a strong cash-flow performer, currently rented at $1,250 per month and offered at $80,000, operating well above the 1% rule. Priced at approximately 83% of market value, it provides both solid immediate returns and long-term appreciation potential. A new roof was installed in 2023, and the property previously underwent a full cosmetic remodel in 2021, which included new flooring, fresh paint and texture, drywall, bathroom updates, upgraded fixtures and hardware, and complete electrical rewiring. The home is occupied by a stable, reliable tenant, making it a turn-key investment opportunity. Located near Avenue Q and 82nd Street, the property sits within a well-established area offering convenient access to shopping, schools, and commuter routes—ideal for an investor seeking a low-risk, high-yield addition to their portfolio.
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Home facts
- Year built:1953
- Listing ID #:202561990
- Added:1 day(s) ago
- Updated:October 19, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,436 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1953
- Building area:1,436 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$80,000
- Price per sq. ft.:$55.71
- Tax amount:$1,255
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