$142,500
$3K PRICE DROP

Estimated payment $870/month

Total Views 1,453
4 Beds
2 Baths
1,120 Sq Ft
$127 Price per Sq Ft

About This Home

Turnkey duplex offering an excellent investment opportunity! Renovated in 2025, this property features two well-appointed 2-bedroom, 1-bath units, making it an ideal addition to any investment portfolio or an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. One unit is currently tenant-occupied, generating $740 per month in rental income, while the second unit provides the flexibility to secure a new tenant at market rent or occupy the space yourself. The 2025 renovation offers updated finishes and modern appeal designed to attract tenants and help reduce future maintenance. Conveniently located near Texas Tech University, medical facilities, downtown Lubbock, shopping, dining, and major roadways, this property is positioned in an area with strong rental demand. Whether you're a seasoned investor or just beginning to build your portfolio, this duplex presents an outstanding opportunity with immediate income potential and room for future growth. Buyer to verify all measurements, schools, and permitted uses.

Listing Agent

Kensey Chase

Real Broker, LLC Brokerage Phone: 940-231-8775 License #0749269 Listed on: 07/02/2026

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Stone Veneer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Additional Parking
  • On-Street Parking

Schools

  • Waters Elementary School
  • Atkins Middle School
  • Lubbock High School

Additional Features

  • 1-Story Property
  • 7,125 Sq Ft Lot
  • Window Unit Cooling System

Community Details

Overview

  • 2 Units
  • 1,120 Sq Ft Building
  • Tech Gardens Blk 2 S2 Of L 6 Subdivision

Building Details

  • Gross Income $18,000
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

7,125 Sq Ft Lot

Listing Details

  • OWNERNAME: Of Record
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 940-231-8775
  • CapRate: 12.63
  • Co List Office Mls Id: REAY01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48303:0000
  • Special Features: VirtualTour
  • Year Built: 1929

Interior Features

  • Fireplace Features: None
  • Interior Amenities: Other
  • Flooring: Other

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Other, Stone Veneer
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Window Unit(s)
  • Parking Features: Additional Parking, On Street
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Utilities: Sewer Available, Water Available

Schools

  • Elementary School: Waters
  • High School: Lubbock
  • Junior High Dist: Lubbock ISD

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 7125.0
  • Parcel Number: 0000
  • Lot Size Acres: 0.1636
  • Lot Size Sq Ft: 7125.0

Building Info

  • Year Built: 1929
  • Units Total: 2

Multi Family

  • Insurance Expense: 1200.0
  • Annual Gross Income: 18000.0
  • Property Net Operating Income: 18000.0

MLS Schools

  • MiddleOrJuniorSchool: Atkins

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,120 $63,316 $2,500 $60,816
2024 $1,440 $79,298 $2,500 $76,798
2023 $1,442 $77,601 $2,500 $75,101
2022 $1,571 $77,601 $2,500 $75,101
2021 $880 $41,073 $2,500 $38,573
2020 $893 $41,073 $2,500 $38,573
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2026 07/21/26 Price Changed $142,500 -1.7% $127 / Sq Ft
07/02/2026 07/02/26 For Sale $145,000 +85.9% $129 / Sq Ft
11/25/2024 11/25/24 Sold -- -- -- View Prior Sale
10/25/2024 10/25/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $78,000 -- $70 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- Title One
Vendors Lien -- None Available
Vendors Lien -- Service Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $90,800 New Conventional
Closed $92,050 Construction
Previous Owner $65,875 Future Advance Clause Open End Mortgage
Previous Owner $50,625 New Conventional
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21320310

North Texas Real Estate Information Systems (NTREIS)

APN: R26726

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