$139,500

Estimated payment $975/month

Total Views 2,146
4 Beds
2 Baths
1,944 Sq Ft
$72 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Front Porch
  • Wood Flooring
  • No HOA
  • Built-In Features

About This Home

Investment Opportunity in Lubbock, TX - Cash Flow From Day One!
Price: $139,500
Property Type: Duplex (2 units, each 2 bed / 1 bath)
Don't miss this turnkey duplex in the heart of Lubbock! Priced to move at just $139,500, this is a fantastic opportunity for investors looking for strong rental income. Both units feature 2 bedrooms, 1 bathroom, and come with kitchen appliances included.
Each tenant enjoys their own private fenced yard—a rare perk that boosts appeal and rental value.
This property is rental-ready and will cash flow from day one, making it a great addition to your portfolio or an ideal first-time investment.
Act fast—properties like this don't last long in today's market!
Contact us today to schedule a showing or get more details.

Listing Agent

Jon Willey

Keller Williams Realty License #0526690 Listed on: 07/31/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • Gated Home
  • Landscaped
  • Back Yard Fenced

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,944 Sq Ft Home
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • 1 Fireplace
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Range
  • Formica Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number R55503

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,581

Year Built

Built in 1929 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1929
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Back Yard, City Lot, Landscaped
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Equipment: None
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 1944.0
  • Style: Traditional
  • Carport Y N: No
  • Reso Flooring: Wood
  • Garage Yn: No
  • Reso Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Formica Counters
  • New Construction: No
  • Reso Other Structures: None
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • Legal Description: Southwell Pl Blk 1 L 9
  • Location Tax and Legal Elementary School: Dupre
  • Location Tax and Legal High School: Lubbock
  • Location Tax and Legal Parcel Number2: R55503
  • General Property Information Above Grade Finished Area: 1944.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7500.0
  • General Property Information Carport YN: No
  • General Property Information Basement YN: No
  • General Property Information:Stories Total: 1
  • Lease Term Options 12 Months: Yes
  • Location Tax and Legal:Tax Annual Amount: 2401.0
  • General Property Information Accessibility Features YN2: No
  • General Property Information Fireplace YN: Yes
  • General Property Information Fireplaces Total2: 1.0
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Traditional: Yes
  • Fencing Fenced: Yes
  • Foundation Details PillarPostPier: Yes
  • General Property Information:Pool Private YN: No
  • Laundry Features Electric Dryer Hookup: Yes
  • Roof:Composition: Yes
  • Utilities:Electricity Available: Yes
  • General Property Information Spa YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Utilities Natural Gas Available: Yes
  • Location Tax and Legal Middle or Junior School: Slaton
  • General Property Information Property Attached YN: No
  • Utilities:Water Available: Yes
  • Fencing Gate: Yes
  • Lease Term Options 6 Months: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features Washer Hookup: Yes
  • General Property Information Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Utilities Phone Available: Yes
  • Flooring Wood: Yes
  • Location Tax and Legal Additional Parcels YN: No
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Fencing Back Yard: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Water Heater Gas8: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Utilities:Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Private Spa: No
  • Basement: No
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Built-in Features: Yes
  • Appliances:Gas Range: Yes
  • Community Features:Park2: Yes
  • Interior Features Formica Counters4: Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Curbs: Yes
  • Community Features:Street Lights: Yes

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced, Gate
  • Acres: 0.17
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Brick, Concrete, Stucco
  • Exterior Features: None
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Front Porch, Patio, Porch, Side Porch
  • Construction Materials:Brick: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Concrete2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street, On Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Park, Sidewalks, Street Lights
  • Senior Community: No
  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Lubbock
  • Middle Or Junior School: Slaton

Lot Info

  • Lot Size Sq Ft: 7500.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels: No
  • Parcel #: R55503
  • Zoning Description: Single Family

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2401.0

MLS Schools

  • Elementary School: Dupre

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 $2,581 $142,106 $25,000 $117,106
2023 $2,401 $129,176 $12,750 $116,426
2022 $2,635 $130,172 $12,750 $117,422
2021 $2,130 $99,467 $12,750 $86,717
2020 $2,192 $100,822 $12,750 $88,072
2019 $2,012 $89,638 $12,750 $76,888
2018 $1,461 $65,005 $12,750 $52,255
2017 $1,463 $65,007 $2,625 $62,382
2016 $1,281 $56,895 $2,625 $54,270
2015 $1,178 $56,924 $2,625 $54,299
2014 $1,178 $52,995 $2,625 $50,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $139,500 0.0% $72 / Sq Ft
07/03/2025 07/03/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $139,500 0.0% $72 / Sq Ft
02/10/2025 02/10/25 Off Market $725 -- --
01/20/2025 01/20/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $725 -- --
10/04/2024 10/04/24 For Rent $725 -- --
Source: Lubbock Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,680 Unknown
Source: Public Records

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Source: Lubbock Association of REALTORS®

MLS Number: 202554949

Lubbock Association of REALTORS®

APN: R55503