LUBBOCK, TX 79424

Excellent investment opportunity located at 6714 92nd Street in Lubbock, TX 79424! This vacant 4-bedroom, 2-bathroom home offers 1,972 square feet of living space with light rehab needed, making it an attractive opportunity for investors looking for a fix-and-flip or buy-and-hold investment.

PROPERTY HIGHLIGHTS

• Address: 6714 92nd Street, Lubbock, TX 79424

• Property Type: Single-Family Residence

• Bedrooms/Bathrooms: 4 Bed / 2 Bath

• Living Area: 1,972 Sq Ft

• Occupancy: Vacant

• Condition: Light Rehab

• HVAC: Good Condition

• Garage: Attached 2-Car Garage

• Additional Feature: Wood-Burning Fireplace

VALUE-ADD OPPORTUNITY

• Starting Price: $175,000

• Buy It Now Price: $195,000

• Estimated ARV: $246,500

• Previously Advertised Rent: $1,900/Month

With light rehab needed and a good HVAC system already in place, this property offers investors an opportunity to add value without taking on a full-scale renovation.

Potential 1% Rule Rental Opportunity: At the $175K starting price, the previously advertised rent of $1,900/month exceeds the 1% rule benchmark, making this property worth a closer look for buy-and-hold investors. At the $195K Buy It Now price, the property comes close to the benchmark.

Investors can explore a value-add strategy with potential rental income and resale upside, along with desirable features such as a 2-car garage, wood-burning fireplace, and spacious 4-bedroom layout.

LOCATION ADVANTAGE

Located in South Lubbock near the 92nd Street corridor, this property offers access to surrounding residential neighborhoods, shopping, dining, and everyday amenities. Its location and functional floor plan make it worth considering for investors targeting the Lubbock resale or rental market.

INVESTOR HIGHLIGHTS

• Vacant property with potential for a smoother renovation timeline

• Light rehab project

• Four-bedroom layout with rental and resale appeal

• Existing HVAC system in good condition

• Attached 2-car garage and wood-burning fireplace

• Potential fix-and-flip, buy-and-hold, or BRRRR opportunity

• Potential 1% rule rental at the $175K starting price, based on previously advertised rent

Buyers must speak with a team member by phone before the property address is revealed. After speaking with the team, buyers can coordinate a showing within the available one-hour showing window.

CONTACTJoshua Brackeen 806-515-3575

Due Diligence: ARV and repair figures are estimates and are not guaranteed. Buyers should independently verify property condition, measurements, repair costs, market value, and all other information before making an investment decision.