Lubbock County, TX Apartment Buildings for Sale

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Updated: Sep 15, 2025

Lubbock Multifamily Investment Opportunity

3511 - 3519 35th Street, Lubbock, TX 79413

$1,100,000

10,725 sqft 0.90 AC lot

5‑building duplex property with 10 total units in Lubbock, currently 100% occupied
Built in 1959 with brick veneer construction
Central heating and central air with ceiling fans
Public water and public sewer service
Driveway parking and fenced property with porch

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This listing looks promising.

Here's a quick look at some key insights for

3511 - 3519 35th Street, Lubbock, TX 79413

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$87K
Annual
Price @ 7% Cap

$1.24M
Above asking
Property Type

Duplex
Built 1959

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Updated: Jul 1

Five-Unit Apartment Building

3404 25th Street, Lubbock, TX 79410

$1,575,000

11,170 sqft 0.37 AC lot

2018‑built 5‑unit complex with each unit featuring 4 bedrooms and 4.5 bathrooms.
Each unit includes a refrigerator and washer/dryer.
Balconies in each unit, plus rain gutters and exterior lighting.
Interior features include granite counters, recessed lighting, walk‑in closets, and ceiling fans.
Natural gas heating and electric cooling.

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Townhome-Style Multifamily Property

2610-2618 136th Street, Lubbock, TX 79423

$875,000

6,640 sqft 0.36 AC lot

Five well-maintained townhomes with rear-entry garages and xeriscape yards across from Lubbock Cooper East Elementary.

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Townhome Multifamily with Rear Garages

2620-2628 136th Street, Lubbock, TX 79423

$875,000

6,688 sqft 0.37 AC lot

Well-built townhomes offer xeriscape yards and rear-entry garages, with 2- and 3-bedroom unit layouts.

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Student Housing Near Texas Tech

2007 Main St, Lubbock, TX 79401

$5,500,000

13,680 sqft

26-bed student housing property approximately 1.2 miles from Texas Tech.

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Two-Bedroom Duplex Apartment Community

501 Plaza Drive, Slaton, TX 79364

$1,200,000

22,368 sqft 0.12 AC lot

24-unit apartment community of 1-story duplexes with in-unit washer/dryer connections.

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Value-Add 12-Unit Apartment Package

1708 18th Street, Lubbock, TX 79401

$299,000

7,520 sqft 0.22 AC lot

Four-building multi-family package near Texas Tech and the medical district, offering individual electric metering per unit.

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Lubbock Multifamily Investment Opportunity

1510 29th Place, Lubbock, TX 79411

$525,000

6,630 sqft 0.48 AC lot

8-unit multifamily property in central Lubbock near major employers.

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Multifamily Property in Lubbock, Texas

3508 E Colgate Street, Lubbock, TX 79403

$465,000

5,406 sqft 0.88 AC lot

Multifamily property with high occupancy and strong cap rate.

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South Lubbock Townhome Investment Property

2544 137th Street, Lubbock, TX 79423

$1,150,000

8,280 sqft 0.07 AC lot

Five-unit townhome property in desirable South Lubbock, Lubbock-Cooper ISD.

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Lubbock Multifamily Investment Opportunity

3508 E Colgate Street, Lubbock, TX 79403

$465,000

5,406 sqft 0.88 AC lot

Multifamily property in Lubbock, TX with high occupancy.

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Five-Unit Apartment Building

Package Property 2, Lubbock, TX 79412

$460,000

5,340 sqft 0.73 AC lot

Five-unit apartment building with 3 units currently rented and pro-forma cap rate listed at 8.25% at full occupancy.

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Lubbock Multifamily Investment Opportunity

Package Property 3, Lubbock, TX 79415

$446,000

5,443 sqft 0.82 AC lot

Multifamily property in Lubbock, TX with rental income potential.

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Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 13 Active listings in Lubbock County, TX, we suggest exploring several alternatives: similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000

0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Off-Market Properties in Lubbock County, TX

Consider similar Off-Market properties in Lubbock County, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

4501 Brownfield Dr, Lubbock, TX 79410

Value Estimation by Request

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Multifamily properties

1610 45Th St, Lubbock, TX 79412

Value Estimation by Request

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Multifamily properties

7303 Avenue X, Lubbock, TX 79423

Value Estimation by Request

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Multifamily properties

1301 Colton Ave, Lubbock, TX 79416

Value Estimation by Request

5,780 sqft

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Multifamily properties

1953 82Nd St, Lubbock, TX 79423

Value Estimation by Request

3.82 AC lot

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Multifamily properties

9702 Avenue U, Lubbock, TX 79423

Value Estimation by Request

7,587 sqft

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Multifamily properties

4602 50Th St, Lubbock, TX 79414

Value Estimation by Request

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Multifamily properties

1101 Englewood Ave, Lubbock, TX 79416

Value Estimation by Request

2,890 sqft

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Multifamily properties

1510 9Th St, Slaton, TX 79364

Value Estimation by Request

17,939 sqft

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Multifamily properties

5833 7Th St, Lubbock, TX 79416

Value Estimation by Request

18,400 sqft

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Multifamily properties

529 42Nd St, Lubbock, TX 79404

Value Estimation by Request

2,976 sqft

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Lubbock County, TX Apartment Buildings Market Trends and Statistics

Explore 28 apartment buildings for sale in Lubbock County, TX, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 115,296 square feet of properties for sale, with an estimated market value of $14,935,000.

Sale prices for two-family homes in Lubbock County, TX start at $299,000, averaging $1,148,846, and reaching up to $5,500,000 — 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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