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Brooks Brothers Real Estate
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Just ListedHot Listing

6120 Avenue R

Lubbock, TX 79412

3

Bedrooms

1

Bathrooms

1,436

Sq Ft

1953

Year Built

About This Home

Welcome to 6120 Ave R — a strong opportunity for both investors and buyers looking for value in an established Lubbock neighborhood. This property is currently tenant-occupied and generating $1,250/month in rental income, which is above typical rent for the area—offering immediate cash flow from day one. Even more attractive, it's priced at approximately 77% of its estimated market value, giving you built-in equity and long-term upside. Situated in the Bayless Atkins area, this home benefits from its central location with easy access to schools, parks, shopping, and major roadways. It's a consistent rental pocket with steady demand, making it a reliable choice for investors. For investors, this is a turnkey rental with strong performance already in place. For future homeowners, this could be a smart buy—step into a property with equity, collect income now, and plan for personal use down the road. Properties that offer cash flow + equity + location convenience are getting harder to find at this price point.

Property Details

Property Type

RES

Property Style

SingleFamilyResidence

Status

Active

MLS #

247350368

Days on Market

New

Interior Features

Total Bedrooms

3

Cooling

Central Air

Heating

Central

Exterior & Lot

Parking

Other

Financial Information

List Price

$95,000

Price per Sq Ft

$66

Est. Monthly Payment

$475

Market Insights

$/Sqft vs Market Avg

-51%

Below Market

Market avg: $135/sqft

Days on Market

0

Faster than avg

Market avg: 27 days

Price Position

Below Market

Market avg: $270,666

*Compared to 100 active listings in the area

Location

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6120 Avenue R

$95,000

$66/sqft

Est. $475/mo*

*Based on 20% down, 30-year fixed

Private inquiry

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CB

Christopher Brooks

Your Local Expert

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