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  • Price Unknown

    402 39th St, Lubbock, TX 79404

    3beds
    950sqft
    Package Property, Multi Family
    Built in 1950
    -- sqft lot
    $65,200 Zestimate®
    $--/sqft
    $705 Estimated rent

    Home value

    $65,200

    $62,000 - $68,000

    $705/mo

    Zestimate® history
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    $705/mo

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    What's special

    Incredible opportunity to acquire a turn-key, remodeled 6-property rental portfolio offering immediate cash flow and minimal future CapEx. Five homes are fully remodeled and tenant-occupied with updated interiors, solid rental history, and proven performance. One property is recently remodeled and move-in ready for lease-up or owner use. Each home features updated flooring, modern kitchens and baths, fresh paint, and improved mechanicals. Perfect for out-of-state investors, 1031 exchange buyers, or anyone looking for stable, low-maintenance rentals from day one. Portfolio can be purchased only as a package—no individual sales. Financials, rent rolls, and additional details available upon request.

    Zillow last checked: 7 hours ago

    Listing updated: February 09, 2026 at 02:06pm

    Listed by:

    Felicia Estrada TREC #0673783 210-274-1825,

    Keller Williams Realty

    Bought with:

    Felicia Estrada, TREC #0673783

    Keller Williams Realty

    Source: LBMLS,MLS#: 202561970MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other, See Remarks
    Cooling
    • Multi Units
    Interior area
    • Total structure area: 950
    • Total interior livable area: 950 sqft
    • Finished area above ground: 950

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Lot
    • Size: 6,534 sqft
    Details
    • Parcel number: R119782

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Package Property, Multi Family
    Materials
    • Unknown
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Lubbock

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/6/2026Sold--
    Source: LBMLS #202561970 Report a problem
    12/31/2025Pending sale$75,000$79/sqft
    Source: LBMLS #202561970 Report a problem
    12/3/2025Price change$75,000+22%$79/sqft
    Source: LBMLS #202561970 Report a problem
    10/18/2025Listed for sale$61,500+34%$65/sqft
    Source: LBMLS #202561970 Report a problem
    6/16/2025Listing removed$750$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$781 +11.6%$44,128 +14.6%
    2024$699 -4.9%$38,512 -6.7%
    2023$736 +21.9%$41,291 +38.5%

    Find assessor info on the county website

    Neighborhood: Harwell

    Nearby schools

    GreatSchools rating