This well-maintained 2-bedroom, 1-bath home at 6212 22nd St is a solid, income-generating asset in a ever-growing area of Lubbock. Leased through April 2025 at $999/month and then month-to-month, this 884 sq ft property brings in $11,988 annuallyâ€â€delivering a 10.9% CAP Rate and matching ROI. Located in the desirable Frenship ISD, the home features an extended driveway for ample off-street parking, and a functional layout that appeals to long-term renters. The surrounding neighborhood is quiet yet convenient, with easy access to local amenities and just a short drive to Texas Tech. With a strong tenant already in place and a competitive price point well below market value, this property is an excellent addition to any buy-and-hold portfolio. Purchase alone or as part of a 6-property investment package that includes 6313 23rd St, 6315 24th St, 6210 22nd St, and duplexes at 4423 & 4425 31st St.
Property Features
Cooling Information
Central Air
Heating Information
Central
House Interior
Other
Parking
Off Street
School Information
School Information for 6212 22nd Street, Lubbock, TX 79407
Elementary School
Westwind
Middle School
Terra Vista
High School
Frenship
Listing Courtesy: Keller Williams Realty - 806-771-7710