TX
Lubbock
Lubbock
79412
6120 Avenue R
6120 Avenue R, Lubbock, TX 79412
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Listing Type
Multi Family
Listing Status
active
1
$80,000

Home Details for 6120 Avenue R

Price
$80,000
Type
Residential Income
Bedrooms
3
Bathrooms
1.0
Square feet
1436
Year built
1953
Lot size acres
0.18
County
Lubbock
Garage
Days on site
32
MLS Listing#
202561990
Property Description

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.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Parking
    • Garage
Listing Courtesy: Keller Williams Realty - 806-771-7710
Presented by: Felicia Estrada
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lubbock Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than {{BROKERAGE}}, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 Lubbock Association of REALTORS®. All Rights Reserved.
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Market statistics compiled from data from Lubbock Association of Realtors.
EXIT REALTY OF LUBBOCK
2405 W. Loop 289 Suite 100, Lubbock, TX 79407
Dan Schwertner
Sales Representative
Office
806 771 3900
Agent
575 302 4462
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