6315 24th Street, Lubbock, TX 79407

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
#1
6315 24th Street,Lubbock, TX 79407
$125,000
  • 3 Beds
  • 1 Baths
  • 985 sq. ft.
  • Single family
  • Active
Listed by:jordan linnenkugel
Office:keller williams realty
MLS#:202555265
Source:TX_LAR

Price summary

  • Price:$125,000
  • Price per sq. ft.:$126.9

About this home

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.

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Home facts

  • Year built:2005
  • Listing Id #:202555265
  • Added:85 day(s) ago
  • Updated:August 18, 2025 at 03:28 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:985 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:2005
  • Building area:985 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Frenship
  • Middle school:Terra Vista
  • Elementary school:Westwind

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$126.9
  • Tax amount:$2,176
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