Apartment Building

Littlefield, TX Apartment Buildings for Sale

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45-Unit Apartment Building
Updated: May 5
45-Unit Apartment Building

1100 S Wicker Avenue, Littlefield, TX 79339

$2,400,000
45 apartment units
Approximately 93% occupancy
Built in 1970
Near Highway 385 and Highway 84
1100 S Wicker Avenue, Littlefield, TX 79339
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Value-Add Apartment Community
Updated: Apr 27
Value-Add Apartment Community

1100 S Wicker Avenue, Littlefield, TX 79339

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35,866 sqft
Oak Terrace Apartments is a 1970‑built, 45‑unit multifamily property in Littlefield, TX
Approximately 93% occupancy currently, with strong collections and consistent income performance
Trailing financials show about $238,940 NOI on about $340,126 total income (about 9.96% cap rate)
Current operations generate about $270,938 NOI before fixed expenses (per trailing figures)
Rents are currently below market averages, offering potential to increase NOI through strategic rent adjustments
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Littlefield, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Apartment Building
5-Unit Apartment Building

3404 25th Street, Lubbock, TX 79410

$1,575,000
11,170 sqft 0.37 AC lot

Fully leased property with private balconies, in-unit laundry, and furnished kitchen appliances.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

2123 15th Street, Lubbock, TX 79401

$550,000
7,768 sqft 0.15 AC lot

Two-story multifamily property with varied unit layouts and a substantial first-floor shop.

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124-Unit Apartment Community
124-Unit Apartment Community

4602 50th Street, Lubbock, TX 79414

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124-unit apartment community in Lubbock, TX, currently about 79% occupied with renovated interiors for 79 units.

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Renovated Lubbock Apartments For Sale
Renovated Lubbock Apartments For Sale

3333 Toledo Ave, Lubbock, TX 79410

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Apartment complex in Lubbock, TX, renovated in 2017.

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Littlefield, TX Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Littlefield, TX on our real estate platform. These investment opportunities span a total of 35,866 square feet of properties for sale, with an estimated market value of $2,400,000.

Sale prices for two-family homes in Littlefield, TX average $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 6,707
Population Growth (5Y) +0.7%
Median Household Income $57,035
College Educated 22.5%

High-Yield Neighborhoods for Investment

Identify Littlefield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
79339 $2.4M

Taxes & Financing

Tax Rate (average for all types) 2.59%
Property Tax per SF $53.60 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lamb County

New Delisted

Total CRE Inventory on Market (SF)

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