Listing provided courtesy of Keller Williams RealtyMLS# 202605961MLS ProviderSource MLS Verified
  • 55 days on site
  • 0 views

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.

Source: Lubbock MLS, MLS#: 202605961

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  • Property Type
    Residential
  • Lot
    0.18 acres

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  • Median Age
    34
  • Population Density
    4,968
  • College Educated
    16%
  • Estimated Median Income
    $34,863
  • Estimated Total Home Owners
    2,886
  • Estimated Total Renters
    2,887
  • Owner / Renter Divide
    50% / 50%
  • Estimated Average Household Size
    3
  • Total Population
    15,597
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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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 6120 Avenue R


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
5/5/2026Source: Lubbock MLS Added to Database
May 05, 2026