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Image 1 - Kokomo Avenue, Lubbock, TX 79489, USA - House for sale

Image 2 - Kokomo Avenue, Lubbock, TX 79489, USA - House for sale

Image 3 - Kokomo Avenue, Lubbock, TX 79489, USA - House for sale

Image 4 - Kokomo Avenue, Lubbock, TX 79489, USA - House for sale

Image 5 - Kokomo Avenue, Lubbock, TX 79489, USA - House for sale

Image 6 - Kokomo Avenue, Lubbock, TX 79489, USA - House for sale

Image 7 - Kokomo Avenue, Lubbock, TX 79489, USA - House for sale

Home For Sale In Lubbock, Texas

Kokomo Avenue, Lubbock, TX 79489, USA

Home For Sale In Lubbock, Texas

house for sale

Listed: 04/08/24

Kokomo Avenue, Lubbock, TX 79489, USA

6 Bed:

4 Bath:

2,419 Sq Ft Living Area:

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Price

$ 390,000

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About This House

Both units for sale with single purchase! Turnkey Investor Opportunity to own both units of a duplex or House-hack in the westward growth of Lubbock in Frenship ISD. The property is priced$32, 000below tax assessment. Both units are occupied and are currently leased out for $1237 and $1399 monthly. $1237was a reduced pricing incentive, but is subject to increase after initial leasing contract. Zero-scape low maintenance property is ideal for upkeep and curb appeal. Each unit is 3 bedroom, 2 bathroom, and single car garage. Please submit offer to proceed with a walkthrough of the units per request and respect to the tenants. Items to note: Excellent school district, many healthcare jobs with two Level 1 hospitals, and excellent roadway infrastructure for seamless transportation.

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Lubbock Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$135,678 (-9%)
Apr 2024	$149,138 (0%)
Mar 2024	$149,138 (0%)
Feb 2024	$149,138 (0%)
Jan 2024	$149,138 (+7.2%)
Dec 2023	$139,148 (-12.1%)

In May 2024, the asking price for 2 bed houses for sale in/near Lubbock, United States averaged $135,678, a decrease of 9% from the previous month.

Median price trends for properties for sale in Lubbock, United States as of May 2024.

Household Income

Median household income: $47,326

Number of households: 92,517

The average household income in Lubbock, TX grew from $45,499 to $47,326 in the past year. This data is an estimate based upon 92,517 households in Lubbock, TX.
The chart below presents how household income is distributed in Lubbock, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lubbock, TX compared to median property taxes around the country. The prevalent amount of property taxes in Lubbock, TX equals $3k+ , which is less than the national average.