
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 MarketMarket avg: $135/sqft
Days on Market
0
Faster than avgMarket 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
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Christopher Brooks
Your Local Expert
