$965,000

Estimated payment $5,205/month

Total Views 11,598
3 Beds
2 Baths
1,612 Sq Ft
$599 Price per Sq Ft

Highlights

  • Open Floorplan
  • No HOA
  • 1 Car Attached Garage
  • Traditional Architecture
  • Wood Frame Window
  • Laundry Room

About This Home

Investors delight, package of eight homes with income coming in, range from 2/1 to 3/2. All located in different parts of town.

Listing Agent

Vickie Noyola Al-Souki

West Texas, REALTORS License #0473837 Listed on: 03/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,500 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Driveway
  • Additional Parking

Home Design

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

Interior Spaces

  • 1,612 Sq Ft Home
  • Open Floorplan
  • Wood Frame Window
  • Storage
  • Laminate Flooring

Kitchen

  • Range Hood
  • Dishwasher
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R65752

Community Details

Overview

  • No Home Owners Association

Building Details

  • Gross Income $1,328,400
  • Net Operating Income $1,157,217

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Reso Property Sub Type: Package Property
  • ResoLaundryFeatures: In Garage, Laundry Room
  • ResoLotFeatures: Back Yard
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Equipment: None
  • ResoSecurityFeatures: See Remarks
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 1612.0
  • Style: Traditional
  • Carport Y N: No
  • Reso Flooring: Laminate
  • Garage Yn: Yes
  • Reso Interior Features: Formica Counters, Open Floorplan, Pantry, Storage
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Wood Frames
  • Legal Description: Caprock L 149
  • Location Tax and Legal Parcel Number2: R65752
  • General Property Information Above Grade Finished Area: 1612.0
  • 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
  • Lease Term Options 12 Months: Yes
  • Location Tax and Legal:Tax Annual Amount: 2208.0
  • General Property Information Accessibility Features YN2: No
  • General Property Information Fireplace YN: No
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Traditional: Yes
  • Fencing Fenced: Yes
  • General Property Information:Pool Private YN: No
  • Flooring Laminate: Yes
  • Laundry Features Laundry Room: 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
  • Income And Expenses Cap Rate: 12.0
  • General Property Information Property Attached YN: No
  • General Property Information Waterfront YN: No
  • Gross Scheduled Income: 1328400.0
  • Fencing Back Yard: Yes
  • Water Heater Gas8: Yes
  • Fencing Privacy: Yes
  • Utilities:Sewer Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range Hood
  • Private Spa: No
  • Basement: No
  • Fireplace: No
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Storage3: Yes
  • Interior Features Formica Counters4: Yes
  • Community Features:None4: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced, Privacy
  • Acres: 0.17
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Brick, Wood Siding
  • Exterior Features: None
  • Foundation: Slab
  • Construction Materials:Brick: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Back Yard2: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Attached, Driveway, Garage
  • Total Parking Spaces: 2.0
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Laundry Features:In Garage: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 7500.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R65752
  • Zoning Description: Single Family

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 2208.0
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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
2025 $2,207 $140,050 $35,000 $105,050
2024 $22 $121,554 $9,000 $112,554
2023 $2,310 $124,283 $9,000 $115,283
2022 $1,994 $98,516 $9,000 $89,516
2021 $2,025 $94,578 $9,000 $85,578
2020 $1,841 $84,656 $9,000 $75,656
2019 $1,900 $84,656 $9,000 $75,656
2018 $1,847 $82,176 $9,000 $73,176
2017 $1,738 $77,215 $9,000 $68,215
2016 $1,616 $71,794 $4,200 $67,594
2015 $1,249 $66,975 $4,200 $62,775
2014 $1,249 $64,523 $4,200 $60,323
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 For Sale $965,000 -- $599 / Sq Ft
Source: Lubbock Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Vendors Lien -- Stewart Title Of Lubbock Inc
Vendors Lien -- Western Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $81,987 FHA
Previous Owner $71,250 Purchase Money Mortgage
Source: Public Records

Source: Lubbock Association of REALTORS®

MLS Number: 202552050

Lubbock Association of REALTORS®

APN: R65752