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7607 60th Street

Lubbock, TX 79407
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Just listedJust listed
14 Bedroom(s)
8 Full Bath(s)
7,705 Sqft
0.62 Lot Acres
Single Family

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Description

Investor Opportunity - 4 Newer Income-Producing Homes in Lubbock, TX Presenting a rare chance to acquire 4 newer homes (all built in 2022) in one of Lubbock''s most desirable areas. All properties are fully occupied, generating strong and stable income, with most tenants being long term and turnover historically re-leased in under 30 days. This makes for a secure, turnkey portfolio investment with proven cash flow. Located within the highly ranked Frenship ISD, these homes sit on two adjoining cul-de-sac streets, creating unmatched efficiency for property management. The portfolio includes four unique floor plans, a mix of 3- and 4-bedroom homes with 2 bathrooms, tall ceilings, open layouts, and modern finishes including granite countertops, stainless steel appliances (refrigerators included), and durable vinyl plank flooring. Every home features gas cooking, sprinkler systems in both yards, and two-car garages. Additional highlights include a 10-year structural warranty valid through August 2032, minimal maintenance due to new construction, and proximity to top-rated schools, major employers, and Texas Tech University. Financial performance is strong, with a 6% cap rate, 100% occupancy, and tenants responsible for utilities and yard care. Property management can continue under at a discounted rate, making this a seamless investment transition. This package offers flexibility: purchase all 4 homes together, split into smaller groups, or even buy individual properties. Financing is available through a local lender with competitive terms, further enhancing the appeal of this high-demand rental opportunity.

MLS#
LAORTX-202606596
List Price
$1,150,000 ($149/Sqft.)
Listing Status
For Sale
Address
7607 60th Street
City
Lubbock
State
TX
Zip Code
79407
County
Lubbock County
Legal Description
Escondido Crossing L 64, 65, 70, 51
Property Type
Single Family
Bedroom
14 Bedroom(s)
Bath
8 Full Bath(s)
Building Size
7,705 Sqft/Appraisal District
Year Built
2022 /Appraisal District
Lot Size
0.62 Lot Acres/Appraisal District
LP / Acre
$1,854,839 / Acre

Exterior

Roof
Composition
Exterior Type
Brick
Parking
On Street, Garage, Off Street
Fencing
Fenced
Lawn
Yes
Porch
Yes
Dock
Yes
Exterior
Private Yard

Interior

Fireplace
Yes
Floors
Vinyl, Tile, Carpet
Cooling
Electric, Ceiling Fan(s), Central Air
Heating
Natural Gas, Central
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Oven
Interior
Double Vanity, Granite Counters, High Ceilings, Walk-In Closet(s)

Rooms

Rooms
Bedroom 1, Bedroom 2, Bathroom 7, Bedroom 6, Bedroom 10, Bathroom 2, Bedroom 3, Bedroom 13, Bedroom 9, Bathroom 1, Bathroom 6, Bedroom 5, Bathroom 8, Bedroom 8, Bedroom 14, Bedroom 11, Bedroom 4, Bedroom 12, Bathroom 5, Bathroom 3, Bathroom 4, Bedroom 7

Lot Information

Lot Size
0.62 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Lubbock Association of Realtors®
Source last updated May 17, 2026 at 02:21 PM
Listing last updated May 16, 2026 at 03:00 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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