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7402 Avenue W

Lubbock, TX 79423
  • $158,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 202602634
UPDATED: 51 min ago
$158,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,313
    SQFT
  • $68
    $/SQFT
Neighborhood:
6
Type:
Multi-Family
Built:
1978
County:
Area:
6

School Information

Elementary School:
Middle School:
High School:
School District:

Description

7402 Ave W Turnkey, fully rented duplex exceeding the 1% rule, excellent cash flow. Unit A offers 2 bedrooms and 1 bath, currently leased at $800/month. Unit B offers 3 bedrooms and 2 baths, rented for $950/month, for a total of $1,750 per month. This solid investment property is fully occupied and cash-flowing from day one, making it ideal for both new and seasoned investors. Centrally located in Lubbock with quick access to University Ave and South Loop 289, and just minutes from Texas Tech University and UMC. The property is professionally managed, offering stable operations and a smooth transition for the next owner. This property can be purchased as a package with 7404 Ave W located next door.

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© 2026 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: 2026-03-06T23:58:44.043.
www.theblurealty.com/homes/173441871
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7402 Avenue W Lubbock, TX 79423

  • Price: $158,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 51 min ago
  • MLS #: 202602634
5
Beds
3
Baths
0
½ Baths
0.16
Acres
2,313
SQFT
$68
$/SQFT
1978
Built
Neighborhood:
6
County:
Lubbock
Area:
6
Elementary School:
Roberts
Middle School:
Atkins
High School:
Monterey
School District:
Lubbock Isd
Property Description
7402 Ave W Turnkey, fully rented duplex exceeding the 1% rule, excellent cash flow. Unit A offers 2 bedrooms and 1 bath, currently leased at $800/month. Unit B offers 3 bedrooms and 2 baths, rented for $950/month, for a total of $1,750 per month. This solid investment property is fully occupied and cash-flowing from day one, making it ideal for both new and seasoned investors. Centrally located in Lubbock with quick access to University Ave and South Loop 289, and just minutes from Texas Tech University and UMC. The property is professionally managed, offering stable operations and a smooth transition for the next owner. This property can be purchased as a package with 7404 Ave W located next door.
Exterior Features

Architectural Style Traditional Attached Garage YN No Carport YN No Construction Materials Brick Exterior Features [] Foundation Details Slab Garage YN No Parking Features Off Street Patio And Porch Features [] Pool Features [] Roof Composition Spa Features [] Window Features []

Interior Features

Above Grade Finished Area 2313 Appliances None Basement [] Basement YN No Common Walls [] Cooling Central Air Cooling YN Yes Fireplace YN No Flooring See Remarks Heating Central Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Electric Dryer HookupWasher Hookup Unit One Accessibility Features YN No Unit One Baths Total 2 Unit One Beds Total 3 Unit Two Baths Total 1 Unit Two Beds Total 2

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Community Features None Door Features [] Fencing See Remarks Green Energy Generation [] Listing Terms CashConventional Lot Features City Lot New Construction YN No Other Equipment None Other Structures None PIDPUDNone Yes Property Attached YN No Property Condition [] Property Sub Type Duplex Road Frontage Type City Street Road Surface Type Paved Security Features None Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Utilities See Remarks Water Source Public Waterfront Features [] Waterfront YN No

Listing provided courtesy of Jeremias Torres of Lubbock Discount Realty: 806-577-4677. Listing information © 2026 Lubbock Association of REALTORS® MLS.


© 2026 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: 2026-03-06T23:58:44.043.
 
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Lubbock TX, 79424