$265,000
$15K PRICE DROP

Estimated payment $2,030/month

Total Views 5,311
10 Beds
8 Baths
5,500 Sq Ft
$48 Price per Sq Ft

Highlights

  • No HOA
  • Ceiling Fan
  • Multiple Water Heaters
  • Central Heating and Cooling System

About This Home

Investor Opportunity in Lubbock! Welcome to 1341 65th Street—a rare quadplex in a growing area of the city. This multi-family property features four spacious units: two 2-bedroom, 1.5-bath units and two 3-bedroom, 2-bath units, offering a versatile mix of layouts to suit a variety of tenants. Two of the units are currently leased. Each unit is designed for comfortable living with open layouts and functional floorplans. The property includes a dedicated parking lot, providing convenient off-street parking for all residents. Located near schools, shopping, and major roadways, 1341 65th is well positioned in a desirable Lubbock neighborhood. This is a great opportunity to expand your real estate portfolio with a well-maintained, income-producing asset.

Listing Agent

Bayley Falkenbury

Lyons Realty License #0627764 Listed on: 04/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,418

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,500 Sq Ft Home
  • Ceiling Fan
  • Laundry in unit

Bedrooms and Bathrooms

  • 10 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Multiple Water Heaters

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R132639

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,418

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: In Unit
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 5500.0
  • Carport Y N: No
  • Garage Yn: No
  • Reso Interior Features: Ceiling Fan(s)
  • New Construction: No
  • Reso Property Condition: Fixer
  • Legal Description: McLartys C V L 5A
  • Location Tax and Legal Elementary School: Roberts
  • Location Tax and Legal High School: Monterey
  • Location Tax and Legal Parcel Number2: R132639
  • General Property Information:Bathrooms Half: 2
  • General Property Information Above Grade Finished Area: 5500.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12000.0
  • General Property Information Carport YN: No
  • General Property Information Basement YN: No
  • Lease Term Options 12 Months: Yes
  • Location Tax and Legal:Tax Annual Amount: 6007.0
  • General Property Information Accessibility Features YN2: No
  • General Property Information Fireplace YN: No
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information Spa YN: No
  • Property Condition:Fixer: Yes
  • Water Heater Multiple: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: Atkins
  • Utilities:Electricity Connected: Yes
  • General Property Information Waterfront YN: No
  • Location Tax and Legal Additional Parcels YN: No
  • Utilities:Natural Gas Connected: Yes
  • Unit Details Number Of Units Leased: 2
  • Cooling:Ceiling Fan(s): Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Private Spa: No
  • Basement: No
  • Half Bathrooms: 2
  • Fireplace: No
  • Interior Features:Ceiling Fan(s)2: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Acres: 0.28
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Brick
  • Foundation: Slab
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • General Property Information:Garage YN: No
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Monterey
  • Middle Or Junior School: Atkins

Lot Info

  • Lot Size Sq Ft: 12000.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels: No
  • Parcel #: R132639
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6007.0

MLS Schools

  • Elementary School: Roberts

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,418 $408,525 $7,200 $401,325
2023 $6,007 $323,175 $7,200 $315,975
2022 $4,888 $241,457 $7,200 $234,257
2021 $4,610 $215,273 $7,200 $208,073
2020 $3,262 $149,993 $7,200 $142,793
2019 $4,017 $178,943 $7,200 $171,743
2018 $4,022 $178,943 $7,200 $171,743
2017 $3,805 $169,034 $7,200 $161,834
2016 $3,805 $169,034 $7,200 $161,834
2015 $2,631 $118,330 $7,200 $111,130
2014 $2,631 $118,330 $7,200 $111,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Price Changed $265,000 -5.4% $48 / Sq Ft
04/07/2025 04/07/25 For Sale $280,000 +3.7% $51 / Sq Ft
02/28/2023 02/28/23 Sold -- -- --
01/14/2023 01/14/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $270,000 -- $49 / Sq Ft
Source: Lubbock Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $196,875 Hub City Title
Deed -- --
Deed -- --
Deed -- --
Vendors Lien -- Lubbock Abstract & Title Co
Trustee Deed $106,925 None Available
Vendors Lien -- Stc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,875 New Conventional
Previous Owner $15,000 Future Advance Clause Open End Mortgage
Previous Owner $79,900 Construction
Previous Owner $99,200 Purchase Money Mortgage
Source: Public Records

Source: Lubbock Association of REALTORS®

MLS Number: 202552834

Lubbock Association of REALTORS®

APN: R132639