Waters Multifamily Homes & Duplexes for Sale

/36
$224,000
- 3 Beds
- 2 Baths
- 863 Sq Ft
3121 74th St, Lubbock, TX 79423

New build duplex in Lubbock's desirable Waters neighborhood! Located at 3115-3117 74th Street, this newly constructed property offers two spacious 3 bed, 2 bath unitsÃƒÂ¢Ã¢â€šÂ¬'each around 1,600 sq ft. Both units are currently leased at $1,550/month. Featuring modern finishes, open-concept layouts, washer/dryer hookups, private yards, and attached garages, it's a turnkey rental or ideal

Jacoby Madewell eXp Realty LLC

3121 74th St, Lubbock, TX 79423
/36
$224,000
- 3 Beds
- 2 Baths
- 863 Sq Ft
3119 74th St, Lubbock, TX 79423

New build duplex in Lubbock's desirable Waters neighborhood! Located at 3115-3117 74th Street, this newly constructed property offers two spacious 3 bed, 2 bath unitsÃ¢â‚¬"each around 1,600 sq ft. Both units are currently leased at $1,550/month. Featuring modern finishes, open-concept layouts, washer/dryer hookups, private yards, and attached garages, it's a turnkey rental or ideal owner-occupant

Jacoby Madewell eXp Realty LLC

3119 74th St, Lubbock, TX 79423
/36
$224,000
- 3 Beds
- 2 Baths
- 863 Sq Ft
3117 74th St, Lubbock, TX 79423

New build duplex in Lubbock's desirable Waters neighborhood! Located at 3115-3117 74th Street, this newly constructed property offers two spacious 3 bed, 2 bath unitsÃ¢â‚¬"each around 1,600 sq ft. Both units are currently leased at $1,550/month. Featuring modern finishes, open-concept layouts, washer/dryer hookups, private yards, and attached garages, it's a turnkey rental or ideal owner-occupant

Jacoby Madewell eXp Realty LLC

3117 74th St, Lubbock, TX 79423
/36
$224,000
- 3 Beds
- 2 Baths
- 863 Sq Ft
3115 74th St, Lubbock, TX 79423

New build duplex in Lubbock's desirable Waters neighborhood! Located at 3115-3117 74th Street, this newly constructed property offers two spacious 3 bed, 2 bath unitsâ€”each around 1,600 sq ft. Both units are currently leased at $1,550/month. Featuring modern finishes, open-concept layouts, washer/dryer hookups, private yards, and attached garages, it's a turnkey rental or ideal owner-occupant

Jacoby Madewell eXp Realty LLC

3115 74th St, Lubbock, TX 79423
/26
$218,000
- 3 Beds
- 2 Baths
- 1,627 Sq Ft
3109 74th St, Lubbock, TX 79423

Rare townhome find in Lubbock ISD! A charming three bedroom, two bathroom with a one car garage built in 2023. Tucked away right off of 74th and Gary and near Stonelake area. Make this your dream home today!

Jacoby Madewell eXp Realty LLC

3109 74th St, Lubbock, TX 79423
/26
$218,000
- 3 Beds
- 2 Baths
- 1,627 Sq Ft
3107 74th St, Lubbock, TX 79423

Rare townhome find in Lubbock ISD! A charming three bedroom, two bathroom with a one car garage built in 2023. Tucked away right off of 74th and Gary and near Stonelake area. Make this your dream home today!

Jacoby Madewell eXp Realty LLC

3107 74th St, Lubbock, TX 79423
/28
$205,000
- 3 Beds
- 2.5 Baths
- 1,850 Sq Ft
3304 79th St, Lubbock, TX 79423

Welcome home! This beautiful townhome is nestled on a great street, South Lubbock, with easy access to anywhere you need to get in town. This 3 bedroom, 2 bathroom, 2 car garage home is two stories, with the primary room on the first level, and guest rooms upstairs. The kitchen has a semi open concept with the dining and living, and a great patio to look over. This townhome is more than just a

Travis Turner Brick & Loft Realty

3304 79th St, Lubbock, TX 79423
/50
$208,000
- 3 Beds
- 2 Baths
- 1,826 Sq Ft
3312 79th St, Lubbock, TX 79423

Charming 3/2.5/2 Townhome with First-Floor Primary Suite!Welcome to easy living in this stylish 2-story townhome offering 3 spacious bedrooms, 2.5 baths, and thoughtful features throughout! To make life even easier, take advantage of the Lender Credits up to $2,000! The primary suite is conveniently located on the first level, complete with updated en suite bath, featuring a sleek walk-in

Andrea Bodine Keller Williams Realty

3312 79th St, Lubbock, TX 79423
/37
$446,500
- 6 Beds
- 4 Baths
- 1,627 Sq Ft
3119 74th St, Lubbock, TX 79423

New build duplex in Lubbock's desirable Waters neighborhood! Located at 3115-3117 74th Street, this newly constructed property offers two spacious 3 bed, 2 bath unitsâ€”each around 1,600 sq ft. Both units are currently leased at $1,550/month. Featuring modern finishes, open-concept layouts, washer/dryer hookups, private yards, and attached garages, it's a turnkey rental or ideal owner-occupant

Jacoby Madewell eXp Realty LLC

3119 74th St, Lubbock, TX 79423
/37
$446,500
- 6 Beds
- 4 Baths
- 1,627 Sq Ft
3115 74th St, Lubbock, TX 79423

New build duplex in Lubbock's desirable Waters neighborhood! Located at 3115-3117 74th Street, this newly constructed property offers two spacious 3 bed, 2 bath units—each around 1,600 sq ft. Both units are currently leased at $1,550/month. Featuring modern finishes, open-concept layouts, washer/dryer hookups, private yards, and attached garages, it's a turnkey rental or ideal owner-occupant

Jacoby Madewell eXp Realty LLC

3115 74th St, Lubbock, TX 79423
/26
$436,000
- 3 Beds
- 2 Baths
- 3,312 Sq Ft
3107 74th St Unit 3109, Lubbock, TX 79423

Rare townhome find in Lubbock ISD! A charming three bedroom, two bathroom with a one car garage built in 2023. Tucked away right off 74th and Gary near Stonelake area. Make this your dream home today!

Jacoby Madewell eXp Realty LLC

3107 74th St Unit 3109, Lubbock, TX 79423
/25
$436,000
- 3 Beds
- 2 Baths
- 3,299 Sq Ft
3111 74th St Unit 3113, Lubbock, TX 79423

Rare townhome find in Lubbock ISD! A charming three bedroom, two bathroom with a one car garage built in 2023. Tucked away right off of 74th and Gary and near Stonelake area. Make this your dream home today!

Jacoby Madewell eXp Realty LLC

3111 74th St Unit 3113, Lubbock, TX 79423
/24
$218,000
- 3 Beds
- 2 Baths
- 1,614 Sq Ft
3113 74th St, Lubbock, TX 79423

Rare townhome find in Lubbock ISD! A charming three bedroom, two bathroom with a one car garage built in 2023. Tucked away right off of 74th and Gary and near Stonelake area. Great location with elementary within walking distance!

Jacoby Madewell eXp Realty LLC

3113 74th St, Lubbock, TX 79423
/24
$218,000
- 3 Beds
- 2 Baths
- 1,685 Sq Ft
3111 74th St, Lubbock, TX 79423

Rare townhome find in Lubbock ISD! A charming three bedroom, two bathroom with a one car garage built in 2023. Tucked away right off of 74th and Gary and near Stonelake area. Great location with elementary within walking distance!

Jacoby Madewell eXp Realty LLC

3111 74th St, Lubbock, TX 79423

Texas Lubbock Waters

Why Live in Waters

Centered around Waters Elementary School, the Waters neighborhood is 6 miles from downtown Lubbock and is close to schools, recreation and roadways. Texas State Highway Loop 289 circles Lubbock and borders the neighborhood, allowing residents to get anywhere in the city. Along the northern end of Waters, the Science Spectrum & OMNI Theater hosts educational programs and events. “We have summer camps and out-of-school holiday camps for winter and spring break,” says Holly Moyers, the events and marketing assistant at the Science Spectrum & OMNI Theater. “We try to keep tabs on the local school’s academic calendar and have camps during vacation days.” Gridded streets are lined with sidewalks, and manicured lots are surrounded by pine and elm trees. The roads are wide, and most homes have attached double garages. Most houses are in the new traditional and ranch styles and range from $190,000 to $450,000. Nearly 60% of residents are homeowners. Waters is served by the Lubbock Independent School District, which receives a B-plus from Niche. Children attend Waters Elementary, which also gets a B-plus, and Evans Middle, which gets a B. Monterey High School receives a B and participates

Learn more about living in Waters

Home Trends in Waters, TX

On average, homes in Waters, Lubbock sell after 51 days on the market compared to the national average of 69 days. The median sale price for homes in Waters, Lubbock over the last 12 months is $354,500.

Housing Trends

Median Sale Price

$354,500

Median Single Family Sale Price

$379,000

Median Townhouse Sale Price

$45,000

Median 2 Bedroom Sale Price

$1,299,000

Average Price Per Sq Ft

$168

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

4.40

Median List Price

$349,945

Median Change From 1st List Price

How to Buy a Home How to Finance a Home How to Sell a Home

In Waters, there are currently 14 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $205,000 to $446,500, there's something for every budget. As of July, 2025 the median home price in Waters, Lubbock is $349,945, while the average sale price is $311,667, providing insight into local market trends. On average, multi-family homes spend 51 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Waters, Lubbock.

Waters Types of Homes for Sale

Waters Homes for Sale

More About Living in Waters

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

Lubbock County Homes for Sale

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