862 N US-385, Levelland, TX 79336 | MLS #202558000

Listing provided courtesy of Exit Realty of LubbockMLS# 202558000

Incredible Investment Opportunity - 4 Homes for the Price of One! Unlock the potential of this unique multi-property package, ideal for savvy investors or first-time buyers ready to build a real estate portfolio. This rare offering includes four individual homes on one expansive parcel: 3 Bed / 1 Bath Home 1 Bed / 1 Bath Home 3 Bed / 1 Bath Home 2 Bed / 1 Bath Home Add your own creativity to fix up each home to suit your investment needs—perfect for rentals, extended family living, or future resale value. Situated in a peaceful rural setting with room to grow, this is your chance to capitalize on a high-yield opportunity. Whether you're expanding your portfolio or getting started in real estate investing, this property is full of potential.

Source: Lubbock MLS, MLS#: 202558000

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Property Type

Residential
Lot

1.00 acres

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WestMark REALTORS
WestMark, REALTORS
Office 806-794-6000

Median Age

33
Population Density

39
College Educated

25%
Estimated Median Income

$45,956
Estimated Total Home Owners

4,266
Estimated Total Renters

1,749
Owner / Renter Divide

71% / 29%
Estimated Average Household Size

3
Total Population

16,827
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* 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 862 N US-385

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
4/20/2026Source: Lubbock MLS	Price Reduction	$150,000 -3.2%
7/18/2025Source: Lubbock MLS	Added to Database	July 18, 2025