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.
- 2
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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
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: …
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