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Jason & Juli Wood

jasonrw@kw.com +1(806) 789-6767

$ 95,000

Est. payment | -/mo

3 Beds

1 Bath

1,436 SqFt

Save

$ 95,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,436 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,436 sqft

Price per Sqft $66

MLS Listing ID 202605961

Bedrooms 3

Full Baths 1

Year Built 1953

Annual Tax Amount $1,205

Lot Size 7,830 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Source Lubbock Association of REALTORS®

Property Description

Welcome to 6120 Ave R — a strong opportunity for both investors and buyers looking for value in an established Lubbock neighborhood. This property is currently tenant-occupied and generating $1,250/month in rental income, which is above typical rent for the area—offering immediate cash flow from day one. Even more attractive, it's priced at approximately 77% of its estimated market value, giving you built-in equity and long-term upside. Situated in the Bayless Atkins area, this home benefits from its central location with easy access to schools, parks, shopping, and major roadways. It's a consistent rental pocket with steady demand, making it a reliable choice for investors. For investors, this is a turnkey rental with strong performance already in place. For future homeowners, this could be a smart buy—step into a property with equity, collect income now, and plan for personal use down the road. Properties that offer cash flow + equity + location convenience are getting harder to find at this price point.

Location

State TX

County Lubbock

Area 2

Rooms

Basement Basement

Interior

Interior Features Other

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature None, Other

Parking Features Other

Roof Type Composition

Building

Foundation Pillar/Post/Pier

New Construction No

Schools

School District Lubbock Isd

Others

Tax ID R132506

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Keller Williams Realty

Nearby Locations

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Jason & Juli Wood

REALTOR® | Lic# 766049

jasonrw@kw.com

+1(806) 789-6767

4522 109th St, Lubbock, TX, 79424, USA

6120 Avenue R Lubbock, TX 79412

Jason & Juli Wood

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

6120 Avenue R