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2111 WAUSAU AVE
LUBBOCK, TX 79407
Asking Price
$300K
Asset Type
Commercial Multifamily
Class
Class B
What's Special
7.4 Acres | Wausau Ave | SW Lubbock | $300,000 <p>Seven and a half acres at the edge of Lubbock's fastest-growing corridor — priced to reflect the land's current condition and zoned low-density residential, with room to grow into something more.</p><p></p><p>The flood zone designation makes this one of the most affordable large-acreage parcels in the area, and for the right buyer that's the opportunity. A horse property with a house, barn, and stables fits naturally here — the acreage, the setting, and the price point align. A shop or barn b
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NOI
$80,000
Cap Rate
26.67%
DSCR
4.49
Strong
Cash-on-Cash
69.10%
Monthly Payment
$1,484.236
Annual Cash Flow
$62,189.164
