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Hayley Hess

[email protected] +1(806) 201-4434

$ 3,000,000

Est. payment -/mo

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307 N F M 789 #A Slaton, TX 79364

3 Beds

2.5 Baths

1,626 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Package Property

Listing Status Active

Purchase Type For Sale

Square Footage 1,626 sqft

Price per Sqft $1,845

MLS Listing ID 202612276

Style Ranch

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 2025

Annual Tax Amount $39,430

Lot Size 1.380 Acres

Acres 1.38

Property Sub-Type Package Property

Source Lubbock Association of REALTORS®

Property Description

Excellent investment opportunity near Slaton, Texas! This portfolio includes 10 single-family rental homes, all built in 2025, offering investors the opportunity to acquire a consistent, newer-construction rental portfolio with strong income potential and multiple exit strategies. Each home features approximately 1,626 square feet, 3 bedrooms, 2.5 bathrooms, and a 2-car garage, for a combined 16,260 square feet across the portfolio. Current scheduled rent is $2,250 per home per month, providing potential gross rental income of $22,500 monthly / $270,000 annually. The portfolio includes existing tenants and rental history. Newer construction may provide reduced near-term maintenance and capital expenditure needs compared with older rental properties. Unlike a traditional multifamily property, these individually configured homes provide additional flexibility for an investor to hold the entire portfolio for rental income or potentially sell individual properties over time. Property taxes are currently being contested, and updated tax information will be provided when available. Rent roll, financial information, and additional property documentation available to qualified buyers. Buyer to independently verify all financial information, rental income, expenses, taxes, measurements, valuations, and projections.

Location

State TX

County Lubbock

Area 5

Rooms

Basement Basement

Interior

Interior Features Ceiling Fan(s), Double Vanity, Kitchen Island, Quartz Counters, Walk-In Closet(s)

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Luxury Vinyl

Appliance Dishwasher, Disposal, Electric Oven, Electric Range, Microwave

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Awning(s), Private Yard

Parking Features Driveway, Gravel, Off Street

Fence Pipe, Wire

Utilities Available Cable Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Composition

Porch Awning(s), Front Porch, Rear Porch

Building

Lot Description Back Yard

Foundation Brick/Mortar

Sewer Private Sewer

Water Private

Architectural Style Ranch

New Construction No

Schools

Elementary Schools Roosevelt

Middle Schools Roosevelt

High Schools Roosevelt

Others

Tax ID R355870

Acceptable Financing Conventional

Listing Terms Conventional

Listed by Panhandle Realty Group

Hayley Hess

Agent License ID: 669535

+1(806) 201-4434

Hayley Hess

307 N F M 789 #A Slaton, TX 79364

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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307 N F M 789 #A