Sold

310 Homestead Avenue, Lubbock, TX 79416

Beds
3
Baths
3
Sqft
28,324
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byWilliams & Company Real Estate
  • 2
  • 0

Overview

Seize the opportunity to invest in a newly constructed (2022) 17-unit townhome development located in the rapidly expanding northwest corridor of Lubbock, Texas. Positioned within the highly regarded Frenship Independent School District, this property offers both immediate rental income potential and long-term appreciation.

The complex boasts an excellent rental history and is currently fully occupied, underscoring the strong demand for quality housing in the area. Each unit features a modern, low-maintenance design with xeriscaped front yards and artificial turf backyards, providing visual appeal while minimizing upkeep and water use. The property is uniquely structured with individually platted units, allowing for flexibility in ownership—whether selling individual townhomes or maintaining the entire complex as a single investment.

The floorplans are thoughtfully designed with open-concept living areas, generous natural light, and high-quality finishes, making them attractive to both families and roommates. Residents enjoy easy access to the growing network of retail, dining, and entertainment venues emerging throughout Lubbock's northwest development path.

Lubbock continues to thrive as a key economic and cultural hub in West Texas. With a metro population exceeding 318,000 and anchored by institutions like Texas Tech University and its Health Sciences Center, the city offers strong housing demand and a resilient rental market. The consistent presence of students, healthcare professionals, and educators contributes to long-term stability and growth in the area.

Whether you're looking to diversify your portfolio or secure a turnkey asset in a growing community, this townhome complex presents a rare blend of modern design, operational ease, strong occupancy, and strategic location—making it a standout investment in the Lubbock market.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
3
Number of bathrooms
3
Square feet
28,324
Lot size (acres)
1.17
Year built
2022

Garage and parking

Garage parking spaces
2

Utilities

Heating
Central, Natural gas
Cooling
Ceiling fan(s), Central air, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$72,494

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Lubbock Association of Realtors MLS®#: 202555790 Last checked:

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lubbock Association of REALTORS®. IDX 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. Real estate listings held by brokerage firms other than Williams & Company Real Estate, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Lubbock Association of REALTORS®. All Rights Reserved.