5404 Marshall St Lubbock, TX 79416
North By Northwest NeighborhoodEstimated payment $1,852/month
Highlights
- 2 Fireplaces
- Covered Patio or Porch
- 2 Car Attached Garage
- Solid Surface Countertops
- Fenced Yard
- Tile Flooring
About This Home
Great opportunity for both first-time investors and experienced portfolio builders. This tenant-occupied duplex in Lynwood features a total of 3 bedrooms and 3 bathrooms across two income-producing units. Both units are currently leased, providing consistent rental income from day one. The property has a brand new roof as of last week! Conveniently located near schools, shopping, and major transportation routes, this property offers long-term rental potential in a steady market. Each unit has a simple, functional layout and is currently managed by the owner. Whether you're looking to start your investment journey or add to an existing portfolio, this property is a practical option with built-in cash flow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,794
Year Built
- Built in 2005
Lot Details
- 7,475 Sq Ft Lot
- Fenced Yard
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,732 Sq Ft Home
- Ceiling Fan
- 2 Fireplaces
- Window Treatments
Kitchen
- Dishwasher
- Solid Surface Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number R307909
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,794 | $263,982 | $21,500 | $242,482 |
| 2023 | $4,899 | $263,544 | $21,500 | $242,044 |
| 2022 | $4,677 | $231,052 | $21,500 | $209,552 |
| 2021 | $3,909 | $182,509 | $21,500 | $161,009 |
| 2020 | $4,054 | $186,435 | $21,500 | $164,935 |
| 2019 | $4,229 | $188,399 | $21,500 | $166,899 |
| 2018 | $3,560 | $158,393 | $21,500 | $136,893 |
| 2017 | $3,601 | $160,014 | $21,500 | $138,514 |
| 2016 | $3,693 | $164,093 | $21,500 | $142,593 |
| 2015 | $3,172 | $140,039 | $21,500 | $118,539 |
| 2014 | $3,172 | $142,673 | $21,500 | $121,173 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $275,000 | 0.0% | $101 / Sq Ft |
| 06/18/2025 06/18/25 | Off Market | -- | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $275,000 | -- | $101 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Hub City Title | |
| Special Warranty Deed | -- | Hub City Title | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $158,000 | Purchase Money Mortgage | |
| Previous Owner | $163,485 | New Conventional | |
| Previous Owner | $177,000 | Unknown |
Source: Lubbock Association of REALTORS®
MLS Number: 202555538
APN: R307909
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