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3 Beds
3 Baths
1,626 sqft

$3,000,000

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

Price per sqft$1,845.02
Built in2025
Property size1,626 sqft
Property typeResidential

Overview

Active

Listed Sep 3, 2026

Updated 3 weeks ago

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.

$19,959/mo

Est. mortgage payment based on a $3,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202612276

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.38 Acres

Other Property Details

Taxes
$39,430
Tax Frequency
Annually
MLS provider logo

Courtesy of Daniel Ewing with Panhandle Realty Group
Listing Contact: 806-407-2247 

Based on information from the Lubbock Association of REALTORS® as of 9/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

©2026 Lubbock Association of REALTORS® all rights reserved.

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