6313 23rd Street, Lubbock, TX 79407

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
6313 23rd Street,Lubbock, TX 79407
$120,000
  • 2 Beds
  • 2 Baths
  • 920 sq. ft.
  • Single family
  • Active
Listed by:jordan linnenkugel
Office:keller williams realty
MLS#:202555264
Source:TX_LAR

Price summary

  • Price:$120,000
  • Price per sq. ft.:$130.43

About this home

This 2-bedroom, 2-bath brick home at 6313 23rd St in Lubbock is a standout rental investment! Currently leased at $950/month through May 2024, this 920 sq ft property generates $11,400 in annual rental income—offering a 9.5% CAP Rate and ROI. With a low-maintenance layout, single-car garage, lots of off-street parking, in the popular Frenship ISD -- this property currently has a reliable tenant in place and is ready to start cash flowing from day one. Located just minutes from Texas Tech and local amenities, this area draws consistent rental demand. Priced competitively under market value, it offers built-in equity and strong performance potential. Whether you're a new or seasoned investor, this property is part of a rare 6-property portfolio package also featuring 6315 24th St, 6210 22nd St, 6212 22nd St, and duplexes at 4423 & 4425 31st St. Buy individually or as a complete set to scale your rental income instantly!

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Home facts

  • Year built:1998
  • Listing Id #:202555264
  • Added:86 day(s) ago
  • Updated:August 19, 2025 at 02:50 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:920 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1998
  • Building area:920 sq. ft.
  • Lot area:0.12 Acres

Schools

  • High school:Frenship
  • Middle school:Heritage
  • Elementary school:Westwind

Finances and disclosures

  • Price:$120,000
  • Price per sq. ft.:$130.43
  • Tax amount:$1,766
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