Pending

$69,000

523 39th St, Lubbock, TX 79404

2beds

696sqft

Est.:

Package Property, Multi Family

Built in 1927

-- sqft lot

$-- Zestimate^®

$99/sqft

$-- HOA

What's special

Fresh paintUpdated flooringImproved mechanicalsModern kitchens and bathsUpdated interiors

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.

177 days

64

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Other

Cooling

Other

Interior area

Total structure area: 696
Total interior livable area: 696 sqft
Finished area above ground: 696

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Lot

Size: 6,534 Square Feet

Details

Parcel number: R90802

Construction

Type & style

Home type: MultiFamily
Property subtype: Package Property, Multi Family

Materials

Unknown

Condition

New construction: No
Year built: 1927

Community & HOA

Location

Region: Lubbock

Financial & listing details

Price per square foot: $99/sqft
Tax assessed value: $42,193
Annual tax amount: $712
Date on market: 3/4/2026
Cumulative days on market: 157 days
Listing terms: 1031 Exchange,Cash,Conventional,Private Financing Available
Tenant pays: None
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$659/mo

Price history

Date	Event	Price
3/24/2026	Pending sale	$69,000$99/sqft
Source: LBMLS #202561971 Report a problem
2/2/2026	Listed for sale	$69,000$99/sqft
Source: LBMLS #202561971 Report a problem
12/31/2025	Pending sale	$69,000$99/sqft
Source: LBMLS #202561971 Report a problem
12/3/2025	Price change	$69,000+30.2%$99/sqft
Source: LBMLS #202561971 Report a problem
10/18/2025	Listed for sale	$53,000+32.8%$76/sqft
Source: LBMLS #202561971 Report a problem
6/16/2025	Listing removed	$800$1/sqft
Source: Zillow Rentals Report a problem
5/9/2025	Listed for rent	$800$1/sqft
Source: Zillow Rentals Report a problem
2/25/2025	Listing removed	$800$1/sqft
Source: Zillow Rentals Report a problem
2/15/2025	Listed for rent	$800+6.7%$1/sqft
Source: Zillow Rentals Report a problem
2/17/2024	Listing removed	--
Source: Zillow Rentals Report a problem
1/16/2024	Listed for rent	$750$1/sqft
Source: Zillow Rentals Report a problem
9/6/2018	Listing removed	$39,900$57/sqft
Source: eXp Realty LLC #201806064 Report a problem
7/9/2018	Listed for sale	$39,900$57/sqft
Source: eXp Realty LLC #201806064 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$747 +11.1%	$42,193 +14.1%
2024	$672 -5.7%	$36,993 -3.4%
2023	$712 +27.1%	$38,308 +38.4%
2022	$560 +19.9%	$27,680 +26%
2021	$467 -0.7%	$21,966
2020	$470 -5.6%	$21,966 -4.2%
2019	$499 +13.7%	$22,925
2018	$438	$22,925 +17.6%
2017	$438 +1.4%	$19,499
2016	$432	$19,499 +0.3%
2015	$432	$19,436
2014	$432	$19,436
2013	--	$19,436
2012	--	$19,436
2011	--	$19,436
2010	--	$19,436
2009	--	$19,436
2008	--	$19,436 -5.8%
2007	--	$20,623
2006	--	$20,623
2005	--	$20,623
2004	--	$20,623 +46.4%
2003	--	$14,082 +27.6%
2002	$274 +11.4%	$11,034 +11.3%
2001	$245 +0.7%	$9,918
2000	$244	$9,918