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10307 Vernon Avenue

Lubbock, TX 79423
  • $965,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 202552184
UPDATED: 36 min ago
$965,000
  • 16
    BEDS
  • 0.63
    ACRES
  • 11
    BATHS
  • 0
    1/2 BATHS
  • 7,716
    SQFT
  • $125
    $/SQFT
Neighborhood:
6
Type:
Multi-Family
Built:
2018
County:
Area:
6

School Ratings & Info

School District:

Description

**Please read carefully!! I had to use one address to enter the package listing. bed/bath/garage/sqft count is for all 4 properties combined. Package to be sold as a whole** Turnkey 4-Property Investment Package - High Cash Flow & Long-Term Appreciation! Seize this opportunity to own a well-balanced 4-property investment package in Lubbock, TX! Designed for both strong immediate cash flow and long-term equity growth, this portfolio includes two high-earning, fully remodeled properties in the Heart of Lubbock and two appreciating assets in the desirable Fox Ridge neighborhood.  Asking Price: $965,000  Gross Monthly Income: $8,700 Heart of Lubbock - High Cash Flow  2104 20th St. - 4 Bed | 2 Bath | 1,796 sq ft | $2,000/month (Leased through July 2025) Fully remodeled 1943 home with modern upgrades. Prime location near Texas Tech & local hotspots.  2114 21st St. - Duplex - FULL GUT REMODEL Unit A: 2 Bed | 2 Bath | 1,064 sq ft | $1,250/month (Leased through July 2026) Unit B: 3 Bed | 3 Bath | 1,326 sq ft | $1,600/month (Leased through May 2026) Updated from top to bottom, tenants pay all utilities. Fox Ridge - Appreciation & Stability  2316 101st St. - 4 Bed | 2 Bath | 2-Car Garage | 1,775 sq ft | $2,000/month (Leased through March 2026) Built in 2008 & fully remodeled, ideal for long-term appreciation.  10307 Vernon Ave. - 3 Bed | 2 Bath | 2-Car Garage | 1,755 sq ft | $1,850/month (Leased through April 2026) 2018-built home with tasteful upgrades in a sought-after neighborhood. All properties are 100% leased with strong tenants covering utilities. Whether you're looking for immediate rental income, future appreciation, or a mix of both, this portfolio delivers. Invest in Lubbock's thriving market today! **Please reach out for any questions/clarification, as there is a lot of information packed into the listing!! I do have more photos, but could only display so many**

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© 2025 Lubbock Association of REALTORS® MLS. Listing 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. Data last updated: 2025-04-25T20:59:07.463.
www.theblurealty.com/homes/161890654
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10307 Vernon Avenue Lubbock, TX 79423

  • Price: $965,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 36 min ago
  • MLS #: 202552184
16
Beds
11
Baths
0
½ Baths
0.63
Acres
7,716
SQFT
$125
$/SQFT
2018
Built
Neighborhood:
6
County:
Lubbock
Area:
6
School District:
Lubbock-Cooper Isd
Property Description
**Please read carefully!! I had to use one address to enter the package listing. bed/bath/garage/sqft count is for all 4 properties combined. Package to be sold as a whole** Turnkey 4-Property Investment Package - High Cash Flow & Long-Term Appreciation! Seize this opportunity to own a well-balanced 4-property investment package in Lubbock, TX! Designed for both strong immediate cash flow and long-term equity growth, this portfolio includes two high-earning, fully remodeled properties in the Heart of Lubbock and two appreciating assets in the desirable Fox Ridge neighborhood.  Asking Price: $965,000  Gross Monthly Income: $8,700 Heart of Lubbock - High Cash Flow  2104 20th St. - 4 Bed | 2 Bath | 1,796 sq ft | $2,000/month (Leased through July 2025) Fully remodeled 1943 home with modern upgrades. Prime location near Texas Tech & local hotspots.  2114 21st St. - Duplex - FULL GUT REMODEL Unit A: 2 Bed | 2 Bath | 1,064 sq ft | $1,250/month (Leased through July 2026) Unit B: 3 Bed | 3 Bath | 1,326 sq ft | $1,600/month (Leased through May 2026) Updated from top to bottom, tenants pay all utilities. Fox Ridge - Appreciation & Stability  2316 101st St. - 4 Bed | 2 Bath | 2-Car Garage | 1,775 sq ft | $2,000/month (Leased through March 2026) Built in 2008 & fully remodeled, ideal for long-term appreciation.  10307 Vernon Ave. - 3 Bed | 2 Bath | 2-Car Garage | 1,755 sq ft | $1,850/month (Leased through April 2026) 2018-built home with tasteful upgrades in a sought-after neighborhood. All properties are 100% leased with strong tenants covering utilities. Whether you're looking for immediate rental income, future appreciation, or a mix of both, this portfolio delivers. Invest in Lubbock's thriving market today! **Please reach out for any questions/clarification, as there is a lot of information packed into the listing!! I do have more photos, but could only display so many**
Exterior Features

Architectural Style TraditionalOther Attached Garage YN Yes Carport YN No Construction Materials Brick VeneerVinyl SidingWood SidingOtherSee Remarks Exterior Features Fire PitLightingOutdoor GrillPrivate EntrancePrivate YardOther Foundation Details Pillar/Post/PierSlab Garage YN Yes Parking Features Additional ParkingAlley AccessAttachedConcreteDrivewayGarageOff StreetOn StreetCommon Parking Total 4 Patio And Porch Features CoveredPatioRear Porch Pool Features [] Pool Private YN No Roof Composition Spa Features [] Spa YN No Unit Four Parking Details Attached Window Features Double Pane Windows

Interior Features

Above Grade Finished Area 7716 Appliances Other Basement [] Basement YN No Common Walls [] Cooling Central Air Cooling YN Yes Fireplace YN Yes Flooring CarpetCombinationTileVinylOtherSee Remarks Heating Central Heating YN Yes Interior Features See Remarks Laundry Features In Unit Unit Five Accessibility Features YN No Unit Five Baths Total 2 Unit Five Beds Total 3 Unit Five Unit Sq Ft 1755 Unit Four Accessibility Features YN No Unit Four Baths Total 2 Unit Four Beds Total 4 Unit Four Unit Sq Ft 1775 Unit One Accessibility Features YN No Unit One Baths Total 2 Unit One Beds Total 4 Unit One Unit Condition Updated/Remodeled Unit One Unit Sq Ft 1796 Unit One Unit Type Description 2104 40th St LEASE- $2000/month July 23rd2024- July 31st2025 Tenant pays utilities Unit Three Accessibility Features YN No Unit Three Baths Total 3 Unit Three Beds Total 3 Unit Three Unit Sq Ft 1326 Unit Two Accessibility Features YN No Unit Two Baths Total 2 Unit Two Beds Total 2 Unit Two Unit Description 2114 21st St. Unit A LEASE- $1250/month August 1st2025-July 31st2026 Tenant pays utilities Unit Two Unit Sq Ft 1064

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Community Features CurbsSidewalksStreet Lights Door Features [] Fencing Fenced Green Energy Generation [] Lease Term Options12 Months Yes Listing Terms 1031 ExchangeCashConventionalPrivate Financing AvailableSpecial Funding Lot Features City LotSee Remarks New Construction YN No Other Equipment Varies by Unit Other Structures See Remarks PIDPUDNone Yes Property Attached YN No Property Condition Updated/Remodeled Property Sub Type Package Property Road Frontage Type AlleyCity Street Road Surface Type All WeatherAsphaltConcrete Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Source Public Waterfront Features [] Waterfront YN No

Listing provided courtesy of Sol Carver of Progressive Properties: 806-794-7777. Listing information © 2025 Lubbock Association of REALTORS® MLS.


© 2025 Lubbock Association of REALTORS® MLS. Listing 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. Data last updated: 2025-04-25T20:59:07.463.
 
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Blu Realty | Better Homes and Gardens Real Estate
5602 114th Street
Lubbock TX, 79424