For sale

Price increase: $17K (1/18)

$431,000

Package Property, Lubbock, TX 79406

14beds

5,340sqft

Est.:

Package Property, Multi Family

Built in 2006

-- sqft lot

$-- Zestimate^®

$81/sqft

$-- HOA

What's special

Package of 5 properties for sale, 4 out of the 5 are currently leased. Pro-Forma Cap Rate of 8.92% is based on 100% occupancy.

189 days

117

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14
Bathrooms: 10
Full bathrooms: 5

Heating

Central

Cooling

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

Lot

Size: 0.85 Acres

Details

Parcel number: R117412

Construction

Type & style

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

Materials

Vinyl Siding

Condition

New construction: No
Year built: 2006

Community & HOA

Location

Region: Lubbock

Financial & listing details

Price per square foot: $81/sqft
Annual tax amount: $7,998
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

Collen Melton

(806) 999-5353

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Estimated market value

Not available

Estimated sales range

Not available

$955/mo

Price history

Date	Event	Price
1/18/2026	Price change	$431,000+4.1%$81/sqft
Source: LBMLS #202550863 Report a problem
9/12/2025	Listed for sale	$414,000$78/sqft
Source: LBMLS #202550863 Report a problem
9/1/2025	Listing removed	$414,000$78/sqft
Source: LBMLS #202550863 Report a problem
2/22/2025	Listed for sale	$414,000$78/sqft
Source: LBMLS #202550863 Report a problem