package Package Property

Lubbock, TX 79415

$414,000
Price
14
Beds
5,340 Sq. Ft.
$78 / Sq. Ft.
5,340
Sq. Ft.
$78
per Sq. Ft.
a view of a house with a patio
wooden floor in an empty room with a window
a view of an empty room and wooden floor
a kitchen with granite countertop a sink and white cabinets
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a bathroom with a toilet sink and mirror
a view of a house with snow on the background
an empty room with a empty space and windows
a view of an empty room with a window
a large bathroom with a large mirror vanity and shower
a view of a hallway
a view of an empty room with a window
an empty room with wooden floor and windows
an empty room with windows
a bathroom with a sink a toilet and mirror
a front view of a house with a yard and garage
an empty room with wooden floor and windows
a view of an empty room with a ceiling fan and window
wooden floor in an empty room with a window
a kitchen with stainless steel appliances granite countertop a stove a sink a refrigerator white cabinets and wooden floor
a view of a hallway with wooden floor
a view of a livingroom with a ceiling fan and wooden floor
a bathroom with a sink and a mirror
a view of an empty room with wooden floor and a window
wooden floor in an empty room with a window
a bathroom with a toilet a sink a mirror and vanity
a view of road and trees
a front view of a house with a yard
a view of a hallway
a view of a kitchen from the hallway
a view of a house with pool and sitting area
a view of a livingroom with a chandelier fan and kitchen view
a kitchen with a sink a refrigerator and cabinets
a view of a hallway
an empty room with wooden floor and windows
a bathroom with a sink toilet a mirror and shower
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a bathroom with a granite countertop sink toilet and mirror
a view of an empty room
a bathroom with a sink
a view of a yard with wooden fence

Description

Package of 5 properties for sale, 4 out of the 5 are currently leased. Pro-Forma Cap Rate of 8.27% is based on 100% occupancy.Package of 5 properties for sale, 4 out of the 5 are currently leased. Pro-Forma Cap Rate of 8.27% is based on 100% occupancy.
  1. Listed by Collen Melton • TREC #0774198 • Brick & Loft Realty
    P: (806)-999-5353 C: (806)-999-5353 cm@blrlbk.com
  2. Listed by Travis Turner • TREC #0660475 • Brick & Loft Realty
    P: (806)-577-2508 C: (806)-577-2508 travisturner@BLRLBK.com

Amenities

  • Air Conditioning
  • Carport Parking
  • Central AC
LISTING UPDATED: 09/12/2025 11:10 AM

Property Details for Package Package Property

StatusActive
MLS #202550863
Days on Market293
Taxes$7,998 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Package Property
Year Built2006
Lot Size0.85 AC / 36,829 SF
CountyLubbock County

Location

Listing Courtesy of Brick & Loft Realty
Add your commute

Building Information for Package Package Property

Stories-Residences-Year Built2006Building Size-Lot Size0.85 AC / 36,829 SF

Payment Calculator

$2,712 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,046

Property Taxes

$667

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Package Package Property

Summary
Location and General Information
  • MLS Area Major: 4
  • Latitude: 33.60828
  • Longitude: -101.884596
  • MLS Area Minor: 4
  • Unparsed First Line Address: Package Property
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: SMITH COLLIER BLK 1 E/2 OF L 17 RICELAND BLK 1 L 3 SOUTHMOOR BLK 3 L 5 PARKS BLK 20 L 4 CHERRY POINT L 316
School Information
  • District High School: Lubbock ISD
Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Carport: Yes
Property
Lot Information
  • Above Grade Finished Area: 5340.0
  • Above Grade Finished Area Source: Public Records
  • Living Area Source: Public Records
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 36829.0
  • Lot Size Acres: 0.85
  • Building Area Total: 5340.0
  • Lot Size Area: 0.85
  • Lot Size Units: Acres
Property and Assessments
  • New Construction: No
  • Parcel Number: R117412
  • Property Type: Residential Income
  • Year Built: 2006
  • Property Sub Type: Package Property
Interior and Exterior Features
Interior Features
  • Total Bathrooms Source: MLS
  • Baths Total: 10.0
  • Bathrooms Total Integer: 10
  • Bathrooms Total Decimal: 7.5
  • Bathrooms Total Notational: 5.5
  • Cooling: Yes
  • Heating: Yes
Multi Family
Income & Expenses
  • Gross Income: $51,720
  • Gross Scheduled Income: $43,320
  • Net Operating Income: $34,222
Agent
Sale and Listing
  • Sold Exclusive: No
  • Listing Number: 202550863
  • Current Price: $414,000.00
  • Property Class: MultiFamily

Property History for Package Package Property

DateEvent & SourcePriceAppreciation
Sep 12, 2025

Listed (Active)

LARMLS #202550863

—
Sep 1, 2025

Expired

LARMLS #202550863

$414,000—
Feb 22, 2025

Listed (Active)

LARMLS #202550863

$414,000—
DateEvent & SourcePrice
09/12/2025

Listed (Active)

LARMLS #202550863

—
09/01/2025

Expired

LARMLS #202550863

$414,000
02/22/2025

Listed (Active)

LARMLS #202550863

$414,000

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

Schools near Package Package Property

This home is within Lubbock Independent School District.
Rating
School
Type
Grades
Distance
Wolffarth Elementary School
Public - PK to 5
Cavazos Middle School
Public - 6 to 8
Lubbock High School
Public - 9 to 12
Matthews Academy
Public - 9 to 12
Rating
School
Distance
Wolffarth Elementary School
PublicPK to 5

Cavazos Middle School
Public6 to 8

Lubbock High School
Public9 to 12

Matthews Academy
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

Explore Nearby Homes

More information about Package Package Property, Lubbock, TX 79415

Package Package Property is a multi-family home for sale in Lubbock, TX 79415. This property was listed for sale on February 22, 2025 by Brick & Loft Realty, it's currently listed at $414,000. This listing's school district is Lubbock Independent School District. Nearby schools include Wolffarth Elementary School, Cavazos Middle School and Lubbock High School. Package Package Property is a 14-bed, 10-bath, 5,340 sqft multi-family home built in 2006.

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 Brick & Loft Realty

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.