$140,000
SOLD MAY 12, 2025
Last list price
4 Beds
2 Baths
1,905 Sq Ft
8,100 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

38 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • No HOA
  • Central Heating
  • Laundry Facilities

About This Home

As of May 2025

Discover an investor's dream with this duplex in the heart of Lubbock, perfectly positioned right off a main road for maximum convenience and visibility. This rare gem meets the coveted 1% rule, offering an exceptional opportunity that's hard to come by. With a steady stream of income and low maintenance costs, this compact property delivers impressive returns per unit. Ideal for savvy investors looking to maximize profitability without the hassle, this duplex is a smart addition to any portfolio. Don't miss out on this high-yield, low-upkeep investment! Please contact the listing agent for more information.

Last Agent to Sell the Property

Andy Mazzolini

Keller Williams Realty License #0647269 Listed on: 04/04/2025

Keller Williams Realty

Last Buyer's Agent

Andy Mazzolini

Keller Williams Realty License #0647269 Listed on: 04/04/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1969

Lot Details

  • 8,100 Sq Ft Lot

Parking

  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,905 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Gross Income $17,700

Listing and Financial Details

  • Tenant pays for all utilities
  • 12 Month Lease Term
  • Month-to-Month Lease Term
  • Assessor Parcel Number R134542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,915

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: None
  • Above Grade Finished Sq Ft: 1905.0
  • Style: Traditional
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Laminate
  • Reso Interior Features: Ceiling Fan(s)
  • New Construction: No
  • Legal Description: VANDELIA VILLAGE BLK 22 L 2
  • Location Tax and Legal Elementary School: Bayless
  • Location Tax and Legal High School: Monterey
  • Location Tax and Legal Parcel Number2: R134542
  • General Property Information Above Grade Finished Area: 1905.0
  • General Property Information Lot Size Acres: 0.186
  • General Property Information Lot Size Square Feet2: 8100.0
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Carport YN: Yes
  • Lease Term Options 12 Months: Yes
  • Location Tax and Legal:Tax Annual Amount: 2916.0
  • General Property Information Accessibility Features YN2: No
  • Flooring:Carpet: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Traditional: Yes
  • Cooling WallWindow Unit(s): Yes
  • Flooring Laminate: Yes
  • Roof:Composition: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: Atkins
  • Laundry Features Common Area2: Yes
  • Utilities:Water Available: Yes
  • Lease Term Options 6 Months: Yes
  • Lease Term Options Month To Month: Yes
  • Unit Details Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Oven, Electric Range
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.19
  • Construction Type: Brick
  • Foundation: Slab
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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: 8100.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R134542
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2916.0

MLS Schools

  • Elementary School: Bayless

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 9, 2025
Sold by
Mazzolini Andrew and Mazzolini Anjelica
Bought by
Yaman Ventures Llc-Complez-Series 10
Seller's Agent
Andy Mazzolini
Keller Williams Realty
Buyer's Agent
Andy Mazzolini
Keller Williams Realty
List Price
$140,000
Views
23
Current Estimated Value
$141,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.76%
Original Mortgage
$35,500
Outstanding Balance
$35,500
Interest Rate
6.64%
Mortgage Type
Seller Take Back
Estimated Equity
$121,759

Purchase Details

Closed on
Jan 7, 2022
Sold by
Montero Joshua
Bought by
Mazzolini Andrew and Mazzolini Anjelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2020
Sold by
J & S Real Estate Holdings Llc
Bought by
Montero Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,348
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Nov 16, 2018
Sold by
J & S Investments
Bought by
Free Sage

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2017
Sold by
Udarbe Moira
Bought by
S J and S Investme S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,125
Interest Rate
4.08%

Purchase Details

Closed on
Apr 20, 2007
Sold by
Jewell Billy D
Bought by
Udarbe Moira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2004
Sold by
Sampley Lance and Sampley Kendra
Bought by
J & S Investments
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $135,500 Blueprint Title
Vendors Lien -- True Title Partners
Vendors Lien -- None Available
Warranty Deed -- None Available
Vendors Lien -- Jay Title Co
Vendors Lien -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $35,500 Seller Take Back
Previous Owner $82,500 New Conventional
Previous Owner $96,348 VA
Previous Owner $70,000 New Conventional
Previous Owner $43,125 No Value Available
Previous Owner $56,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold -- -- --
04/04/2025 04/04/25 For Sale $140,000 -- $73 / Sq Ft
Source: Lubbock Association of REALTORS®

Tax History Compared to Growth

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 $2,915 $169,376 $2,025 $167,351
2023 $2,487 $133,786 $2,025 $131,761
2022 $2,018 $99,710 $2,025 $97,685
2021 $1,901 $88,764 $2,025 $86,739
2020 $1,601 $73,619 $2,025 $71,594
2019 $1,653 $73,619 $2,025 $71,594
2018 $1,655 $73,619 $2,025 $71,594
2017 $1,564 $69,489 $2,025 $67,464
2016 $1,564 $69,489 $2,025 $67,464
2015 $1,437 $64,607 $2,025 $62,582
2014 $1,437 $64,607 $2,025 $62,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202552764

Lubbock Association of REALTORS®

APN: R134542