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For sale
  • $460,000

    Package Property #2, Lubbock, TX 79412

    15beds
    5,340sqft
    : 
    Package Property, Multi Family
    Built in 2006
    -- sqft lot
    $-- Zestimate®
    $86/sqft
    $-- HOA

    What's special

    3 out of the 5 units are rented. Pro-forma cap rate at 100% occupancy is 8.25%.
    190 days
    |
    92
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 06, 2026 at 01:03pm

    Listed by:

    Collen Melton TREC #0774198 806-999-5353,

    Brick & Loft Realty,

    Travis Turner TREC #0660475 806-577-2508,

    Brick & Loft Realty

    Source: LBMLS,MLS#: 202550866MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 10
      • Full bathrooms: 5
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Interior area
      • Total structure area: 5,340
      • Total interior livable area: 5,340 sqft
      • Finished area above ground: 5,340

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport
      • Carport spaces: 2
      Features
      • Fencing: Back Yard
      Lot
      • Size: 0.73 Acres
      Details
      • Parcel number: R313644

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Package Property, Multi Family
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2006

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Lubbock

      Financial & listing details

      • Price per square foot: $86/sqft
      • Annual tax amount: $8,149
      • Date on market: 9/12/2025
      • Cumulative days on market: 381 days
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Tenant pays: All Utilities
      • Road surface type: All Weather

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $737/mo

        Price history

        Price history
        DateEventPrice
        9/12/2025Listed for sale$460,000$86/sqft
        Source: LBMLS #202550866 Report a problem
        9/1/2025Listing removed$460,000$86/sqft
        Source: LBMLS #202550866 Report a problem
        2/23/2025Listed for sale$460,000$86/sqft
        Source: LBMLS #202550866 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $2,885/mo
        Principal & interest
        $2302
        Property taxes
        $583
        More affordability tools

          Climate risks

          Neighborhood: Ballenger

          Getting around

          68 / 100
          Somewhat Walkable
          26 / 100
          Some Transit
          43 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 79412