7603 Alcove Ave, Unit AD

Lubbock, TX 79407

$1,100,000
Price
21
Beds
9,752 Sq. Ft.
$113 / Sq. Ft.
9,752
Sq. Ft.
$113
per Sq. Ft.

Description

Prime 4± acres on Alcove Ave with immediate access to US-82/62 (Marsha Sharp Fwy) in a fast-growing corridor. United Supermarkets is planned across the street, and Alcove Ave is scheduled to be widened, enhancing visibility and access. The property is currently improved with nine rental houses producing approximately \$8,450 per month, providing reliable income while you design and entitle your project. Surrounded by established retail and dining, this site is well-positioned for future retail pads,...Prime 4± acres on Alcove Ave with immediate access to US-82/62 (Marsha Sharp Fwy) in a fast-growing corridor. United Supermarkets is planned across the street, and Alcove Ave is scheduled to be widened, enhancing visibility and access. The property is currently improved with nine rental houses producing approximately \$8,450 per month, providing reliable income while you design and entitle your project. Surrounded by established retail and dining, this site is well-positioned for future retail pads, a neighborhood center, restaurants, or other service-oriented commercial uses. Redevelop on your timeline and let the existing cash flow carry the site until you're ready.
  1. Listed by Jaden Timmons • TREC #0686226 • Progressive Properties
    P: (806)-559-9191 C: (806)-559-9191 jaden@trustprogressive.com

Amenities

  • Air Conditioning
  • Central AC
LISTING UPDATED: 10/03/2025 01:11 PM

Property Details for 7603 Alcove Avenue, Unit AD

StatusActive
MLS #202561366
Days on Market140
Taxes$21,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Package Property
Year Built1956
Lot Size4.00 AC / 174,240 SF
CountyLubbock County

Location

Listing Courtesy of Progressive Properties
Add your commute

Building Information for 7603 Alcove Avenue, Unit AD

Stories-Residences-Year Built1956Building Size-Lot Size4.00 AC / 174,240 SF

Payment Calculator

$7,111 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,361

Property Taxes

$1,750

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7603 Alcove Avenue, Unit AD

Summary
Location and General Information
  • MLS Area Major: 7
  • Latitude: 33.524979
  • Longitude: -101.99151
  • MLS Area Minor: 7
  • Unparsed First Line Address: 7603 Alcove Avenue, # A-D
Taxes and HOA
  • Association Fee: $0
  • Association: No
  • Tax Legal Description: BLK AK SEC 31 AB 243 TR C4A LESS W10' ACS: .2565 - Please reach out to listing agent for all legal descriptions
School Information
  • District High School: Frenship ISD
Parking
  • Attached Garage: No
Property
Lot Information
  • Above Grade Finished Area: 9752.0
  • Above Grade Finished Area Source: Public Records
  • Living Area Source: Public Records
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 174240.0
  • Lot Size Acres: 4.0
  • Building Area Total: 9752.0
  • Lot Size Area: 4.0
  • Lot Size Units: Acres
Property and Assessments
  • New Construction: No
  • Parcel Number: R130706
  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Package Property
Interior and Exterior Features
Interior Features
  • Total Bathrooms Source: MLS
  • Baths Total: 12.0
  • Bathrooms Total Integer: 12
  • Bathrooms Total Decimal: 12.0
  • Bathrooms Total Notational: 12.0
  • Cooling: Yes
  • Heating: Yes
Multi Family
Income & Expenses
  • Gross Income: $8,350
Agent
Sale and Listing
  • Sold Exclusive: No
  • Listing Number: 202561366
  • Current Price: $1,100,000.00
  • Property Class: MultiFamily

Property History for 7603 Alcove Avenue, Unit AD

DateEvent & SourcePriceAppreciation
Oct 3, 2025

Listed (Active)

LARMLS #202561366

$1,100,000—
DateEvent & SourcePrice
10/03/2025

Listed (Active)

LARMLS #202561366

$1,100,000

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

Public Records for 7603 Alcove Avenue, Unit AD

Taxable ValueLand$186,394Additions$150,727Total$337,121
Tax Record2024$7,101 ($592 / month)
Home Facts
Beds2Total Finished SqFt468 SqFtAbove Grade Finished SqFt468 SqFtLot Size93,218 SqFtStyleMiscellaneous ResidentialYear Built1944Year Renovated1956Zoning0016CountyLUBBOCKAPNR130706

Schools near 7603 Alcove Avenue, Unit AD

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

Frenship Middle School
Public6 to 8

Frenship High School
Public9 to 12

Upland Heights Elementary School
PublicPK to 5

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.

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More information about 7603 Alcove Avenue, Unit AD, Lubbock, TX 79407

7603 Alcove Avenue, Unit AD is a multi-family home for sale in Lubbock, TX 79407. This property was listed for sale on October 3, 2025 by Progressive Properties, it's currently listed at $1,100,000. This listing's school district is Frenship Independent School District. Nearby schools include Bennett Elementary School, Frenship Middle School and Frenship High School. 7603 Alcove Avenue, Unit AD is a 21-bed, 12-bath, 9,752 sqft multi-family home built in 1956.

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 Progressive Properties

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.