307 N F M 789 A Unit A, Slaton, TX 79364

$3,000,000
3
BD
3
BA
1,626
SqFt

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List Price
$3,000,000
MLS#
202612276
Status
ACTIVE
Year Built
2025
Type
Multifamily
Bedrooms
3
Bathrooms
3
Living Area
1,626
Lot Size
60,112
County
Lubbock
City
Slaton
Legal Description
BLK C SEC 125 AB 168 TR D4B5 AC: 1.38

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.

Additional Information

Taxes
$39,430
Heating
Central
Cooling
Central Air, Ceiling Fan(s)
Foundation
Brick/Mortar
School District
Roosevelt ISD
Elementary School
Roosevelt
Middle School
Roosevelt
High School
Roosevelt

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Calculator source: Real Geeks

Listing courtesy of Panhandle Realty Group.