312 E 34th St Lubbock, TX 79404
South East Lubbock NeighborhoodEstimated payment $1,493/month
Highlights
- 0.97 Acre Lot
- Cooling Available
- Heating Available
- No HOA
- Tile Flooring
About This Home
Investment Opportunity: Multi-Family Value-Add Portfolio Unlock the Potential of this Diamond in the Rough For the visionary investor, this multi-family package offers the rare chance to revitalize a unique property and create something truly impactful. Located at 312 E 34th, this assembly of homes is the definition of a "value-add" investment, offering immediate rental potential alongside significant long-term upside. Property Highlights: Five Individual 1-Bedroom Houses: These standalone units are nearly rent-ready. With minor finishing touches, they are projected to command between $600-$700 per month each, providing an immediate and steady starting cash flow. One Duplex: A versatile structure currently requiring rehab. Once restored, this duplex will significantly increase the door count and monthly yield of the portfolio. Large Sierra Trails Apartment Building: The centerpiece of the investment, this substantial building spans over 7,600 sq. ft. While it requires a more comprehensive renovation, its scale offers the greatest opportunity for equity growth and high-density rental income. The Opportunity: Offered at $250,000, this Sierra trails portfolio is perfect for an investor looking to build a "buy-and-hold" empire or a developer ready to execute a high-margin "BRRRR" strategy. Don't miss the chance to transform this unique collection of properties into a cornerstone of your portfolio. The footprint is established, the square footage is there, and the upside is waiting for the right buyer. Price: $285,000 Location: 312 E 34th Total Units: 5 Houses + 1 Duplex + 1 Large Apartment Building (18 doors)
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 42,120 Sq Ft Lot
- Chain Link Fence
Home Design
- Fixer Upper
Interior Spaces
- 10,568 Sq Ft Home
- Tile Flooring
Bedrooms and Bathrooms
- 23 Bedrooms
- 10 Full Bathrooms
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R70294
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,342 | $184,626 | $25,272 | $159,354 |
| 2024 | $33 | $184,045 | $25,272 | $158,773 |
| 2023 | $3,020 | $162,480 | $25,272 | $137,208 |
| 2022 | $3,346 | $165,291 | $25,272 | $140,019 |
| 2021 | $8,468 | $395,404 | $25,272 | $370,132 |
| 2020 | $8,511 | $391,416 | $25,272 | $366,144 |
| 2019 | $8,151 | $363,060 | $25,272 | $337,788 |
| 2018 | $8,161 | $363,060 | $25,272 | $337,788 |
| 2017 | $8,083 | $359,147 | $25,272 | $333,875 |
| 2016 | $7,555 | $335,669 | $25,272 | $310,397 |
| 2015 | $7,290 | $327,843 | $25,272 | $302,571 |
| 2014 | $7,290 | $327,843 | $25,272 | $302,571 |
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 |
|---|---|---|---|---|
| 06/03/2026 06/03/26 | Price Changed | $225,000 | -21.1% | $21 / Sq Ft |
| 03/28/2026 03/28/26 | Price Changed | $285,000 | +14.0% | $27 / Sq Ft |
| 03/09/2026 03/09/26 | For Sale | $250,000 | -- | $24 / Sq Ft |
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 |
|---|---|---|---|
| Warranty Deed | -- | Hub City Title | |
| Warranty Deed | -- | Stc | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Lubbock Association of REALTORS®
MLS Number: 202603089
APN: R70294
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 505 E 37th St
- 332 37th St Unit 2
- 303 39th St
- 2627 Globe Ave
- 419 38th St
- 2603 Elm Ave
- 2510 Date Ave
- 512 39th St
- 519 42nd St Unit A
- 2303 Elm Ave
- 2502 Weber Dr
- 529 42nd St
- 519 45th St Unit A
- 1704 E 29th St
- 529 45th St Unit A
- 520 46th St Unit A
- 526 46th St Unit B
- 4511 Avenue G
- 1707 E 27th St
- 703 47th St
Ask me questions while you tour the home.