7602 60th St

$4,700,000
Price
54
Beds
30,117 Sq. Ft.
$156 / Sq. Ft.
30,117
Sq. Ft.
$156
per Sq. Ft.

Description

Investor Opportunity - 15 Newer Income-Producing Homes in Lubbock, TX Presenting a rare chance to acquire 15 newer homes (all built in 2023) 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...Investor Opportunity - 15 Newer Income-Producing Homes in Lubbock, TX Presenting a rare chance to acquire 15 newer homes (all built in 2023) 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 five unique floor plans, a mix of 3- and 4-bedroom homes with 2-3 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 15 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.
  1. Listed by Pezhman Zaji • TREC #0631862 • Regal, REALTORS
    P: (806)-451-3354 pj@expandrealty.com

Property Details for 7602 60th Street

Water Front
No
LISTING UPDATED: 09/21/2025 10:11 AM

Property Details for 7602 60th Street

StatusActive
MLS #202559909
Days on Market118
Taxes$102,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential / Package Property
Year Built2023
Lot Size2.30 AC / 100,188 SF
CountyLubbock County

Location

Listing Courtesy of Regal, REALTORS
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Building Information for 7602 60th Street

Stories1Residences-Year Built2023Lot Size2.30 AC / 100,188 SF

Payment Calculator

$31,724 per month

30 year fixed, 6.28% Interest

Principal and Interest

$23,224

Property Taxes

$8,500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7602 60th Street

Summary
Location and General Information
  • MLS Area Major: 7
  • Latitude: 33.540115
  • Longitude: -101.986559
  • MLS Area Minor: 7
  • Unparsed First Line Address: 7602 60th Street
Taxes and HOA
  • Additional Parcels: No
  • Association Fee: $0
  • Association: No
  • Tax Legal Description: ESCONDIDO CROSSING L 80
School Information
  • Elementary School: Ridgewood
  • High School: Frenship
  • Middle Or Junior School: Alcove Trails
  • District High School: Frenship ISD
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 30.0
  • Garage: Yes
Virtual Tour
Property
Lot Information
  • Above Grade Finished Area: 30117.0
  • Above Grade Finished Area Source: Builder
  • Living Area Source: Builder
  • Lot Size Source: Other
  • Lot Size Square Feet: 100188.0
  • Lot Size Acres: 2.3
  • Building Area Total: 30117.0
  • Lot Size Area: 2.3
  • Lot Size Units: Acres
Property and Assessments
  • New Construction: No
  • Parcel Number: R342942
  • Senior Community: No
  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Package Property
Interior and Exterior Features
Exterior Features
  • Basement: No
  • Horse: No
Interior Features
  • Fireplace: Yes
  • Spa: No
  • Total Bathrooms Source: MLS
  • Baths Total: 33.0
  • Bathrooms Total Integer: 33
  • Bathrooms Total Decimal: 33.0
  • Bathrooms Total Notational: 33.0
  • Cooling: Yes
  • Heating: Yes
  • Rooms Total: 0
Agent
Sale and Listing
  • Sold Exclusive: No
  • Listing Number: 202559909
  • Current Price: $4,700,000.00
  • Property Class: Residential

Property History for 7602 60th Street

DateEvent & SourcePriceAppreciation
Sep 3, 2025

Listed (Active)

LARMLS #202559909

$4,700,000
Apr 29, 2025

Withdrawn

LARMLS #202551558

$284,000
Mar 11, 2025

Listed (Active)

LARMLS #202551558

$284,000
Feb 28, 2025

Withdrawn

LARMLS #202417062

$284,000
Feb 14, 2025

Price Change

LARMLS #202417062

$285,000
Feb 12, 2025

Price Change

LARMLS #202417062

$286,000
Feb 6, 2025

Price Change

LARMLS #202417062

$287,000
Jan 31, 2025

Price Change

LARMLS #202417062

$288,000
Dec 17, 2024

Listed (Active)

LARMLS #202417062

$289,000
DateEvent & SourcePrice
09/03/2025

Listed (Active)

LARMLS #202559909

$4,700,000
04/29/2025

Withdrawn

LARMLS #202551558

$284,000
03/11/2025

Listed (Active)

LARMLS #202551558

$284,000
02/28/2025

Withdrawn

LARMLS #202417062

$284,000
02/14/2025

Price Change

LARMLS #202417062

$285,000
02/12/2025

Price Change

LARMLS #202417062

$286,000
02/06/2025

Price Change

LARMLS #202417062

$287,000
01/31/2025

Price Change

LARMLS #202417062

$288,000
12/17/2024

Listed (Active)

LARMLS #202417062

$289,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7602 60th Street

Taxable ValueLand$45,000Additions$265,113Total$310,113
Tax Record2024$6,380 ($532 / month)
Home Facts
Beds3Total Finished SqFt1,975 SqFtAbove Grade Finished SqFt1,975 SqFtLot Size6,377 SqFtStyleSingle Family ResidenceYear Built2022CountyLUBBOCKAPNR342942Fireplace TypeHas Fireplace

Schools near 7602 60th Street

This home is within Frenship Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bennett Elementary School
PublicPK to 5

Frenship Middle School
Public6 to 8

Frenship High School
Public9 to 12

Frenship Memorial High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

7602 60th Street is for sale in Lubbock, TX 79407. This property was listed for sale on September 3, 2025 by Regal, REALTORS, it's currently listed at $4,700,000. This listing's school district is Frenship Independent School District. Nearby schools include Bennett Elementary School, Frenship Middle School and Frenship High School. 7602 60th Street is a 54-bed, 33-bath, 30,117 sqft built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Regal, REALTORS

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.