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About This Home
This 21-bedroom, 12-bathroom residential multi family at 7603 Alcove Avenue unit: # A-D in Lubbock, TX is listed for $1,100,000 ($113 per sqft). Built in 1956, the home offers 9,752 sqft of living space on a 4.00 acres lot.
Prime 4+/- acres on Alcove Ave with immediate access to US-82/62 (Marsha Sharp Fwy) in a fast-growing corridor. United Supermarkets is planned across the street, and Alcove Ave is scheduled to be widened, enhancing visibility and access. The property is currently improved with nine rental houses producing approximately \$8,450 per month, providing reliable income while you design and entitle your project.
Surrounded by established retail and dining, this site is well-positioned for future retail pads, a neighborhood center, restaurants, or other service-oriented commercial uses. Redevelop on your timeline and let the existing cash flow carry the site until you're ready.
Key Features
- Built in 1956
- 4.00 acre lot
Property Details
Amenities
Monthly Cost Estimate
$5,883/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7603 Alcove Avenue unit: # A-D
Lubbock, TX 79407
Property Details
Heating
Cooling
Questions & Answers
This 21-bedroom, 12-bathroom residential multi family at 7603 Alcove Avenue unit: # A-D is listed at $1,100,000 ($113/sqft). The estimated monthly payment is $4,767 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 4.00 acre lot.
This property is listed by Jaden Timmons and can be reached at 8065599191 or jaden@trustprogressive.com.
