Package Property 3

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Address: 3rd St, Lubbock, TX, USA

Texas + Apartment Buildings

Created date: November 12, 2026

Date last updated: November 12, 2026

Price: $435,000Investment Analyzer NEW!

Available

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$435,000
Year Built:	2006
Lot Size:	4,272.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here
Number of Bedrooms:	12
Number of Bathrooms:	6

Address: Package Property 3, Lubbock, TX 79406, USA

Provided by:

Standard Status: Active

MLS Listing Number: 202615259
ID: 3yd-LAORTX-202615259

Copyright Disclaimer: Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

Purchase Price *

Down Payment *

Financed Amount

Term (Years) *

# of Payments Per Year *

Total Payments

Annual Interest Rate *

Monthly P&I

Annual P&I

Step 2Gross Rent Analysis

Please enter annual amounts.

Gross Rent *

Management Fee

Maintenance Reserve

Insurance

Property Taxes

Vacancy Reserve

Utilities

Misc. Expenses

Monthly Net Income

Annual Net Income

Step 3Cap Rate Calculation

Comparable Cap Rates *

Price Based on Cap Rate

Cap Rate Based on Price

Step 4Final Deal Analysis

Monthly Cashflow

Annual Cashflow

Cash on Cash Return

Overall Return on Full Price

Annual Approx. Depreciation

Annual Approx Market Appreciation

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3508 E Colgate Street

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8302 Raleigh Avenue

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Price: $1,400,000

Brokers

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Remax Real Estate Professionals

Re/Max Real Estate Professionals
Jared Ennis

Central CA Commercial | California
Rick Recckio

Recckio Real Estate & Development
Greg Corbin

Northgate Real Estate Group

Lenders

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Management

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Package Property 3

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Broker Details

Key Property Information

Investment Analyzer

Step 1Financing Calculation

Step 2Gross Rent Analysis

Step 3Cap Rate Calculation

Step 4Final Deal Analysis

Similar Properties in the Area

Package Property 4

3508 E Colgate Street

8302 Raleigh Avenue

Brokers

Remax Real Estate Professionals

Jared Ennis

Rick Recckio

Greg Corbin

Lenders

Management

Essex Property Trust, Inc.

Josh A

Bob Tuteur

Andrew Schildcrout