Listing provided courtesy of Williams & Company Real EstateMLS# 202603806MLS Provider
  • 97 days on site
  • 0 views

Fully occupied and professionally managed, this quadplex in South Lubbock offers a turnkey investment opportunity with $2,625/month in current rents. Located just off University Avenue and near South Loop 289, the property provides quick access to major roads, Texas Tech, and nearby restaurants and shopping. Each unit offers 2 bedrooms, and 1 bathrooms with some updates throughout. With stable occupancy and desirable rental units in a consistently leased area, this is a solid, income-producing asset in a great location. This property can also be purchased as a package with 7405 Ave X and 7405 Waco Ave.

Source: Lubbock MLS, MLS#: 202603806

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  • Property Type
    Residential Income
  • Lot
    0.25 acres

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  • Median Age
    34
  • Population Density
    696
  • College Educated
    45%
  • Estimated Median Income
    $70,590
  • Estimated Total Home Owners
    11,002
  • Estimated Total Renters
    4,778
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    42,354
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 7401 Avenue X


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/24/2026Source: Lubbock MLS Added to Database
March 24, 2026
9/26/2025Source: Lubbock MLS Status Change
Closed
8/6/2025Source: Lubbock MLS Added to Database
August 06, 2025