Lubbock County, TX Apartment Buildings for Sale

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Updated: Jun 26

Townhome-Style Apartment Building

2620-2628 136th Street, Lubbock, TX 79423

$875,000

6,688 sqft 0.37 AC lot

Five townhome units built in 2022
Three two‑bedroom, two‑bath units plus two three‑bedroom, two‑bath end units
Rear‑entry garages for all units
Private entrance and private yard included
0.37‑acre lot with 6,688 SF total building area

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2620-2628 136th Street, Lubbock, TX 79423

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Est. Cap Rate

6.2%
Above avg (5.9%)
Est. NOI

$54K
Annual
Price @ 7% Cap

$775K
Suggested

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Updated: Aug 18

5-Unit Apartment Building

3404 25th Street, Lubbock, TX 79410

$1,575,000

11,170 sqft 0.37 AC lot

Five fully leased apartment units, each with 4 bedrooms and 4.5 bathrooms
11,170 square feet on 0.37 acres
Built in 2018
Balconies, washers/dryers, refrigerators, and open‑concept layouts in each unit
Granite counters, walk‑in closets, storage, recessed lighting, and ceiling fans

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Brick Five-Townhome Apartment Building

2610-2618 136th Street, Lubbock, TX 79423

$875,000

6,640 sqft 0.36 AC lot

2022-built brick townhomes with private yards, private entrances, and central HVAC are set up for easy tenant occupancy.

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Townhome Community with Rear-Entry Garages

26202628 2620-2628 136th St, Lubbock, TX 79423

$875,000

6,688 sqft

Five well-built townhomes include three 2BR/2BA and two 3BR/2BA end units, each with a rear-entry garage.

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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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Five-Unit Apartment Building

1801 38th Street, Lubbock, TX 79412

$435,000

5,443 sqft 0.13 AC lot

Five-unit rental property with carports, central climate control, and a mix of durable flooring and bedroom carpeting.

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24-Unit Apartment Building

501 Plaza Drive, Slaton, TX 79364

$1,200,000

22,368 sqft 0.12 AC lot

Twelve single-story duplex structures offer two-bedroom, one-bath residences with washer/dryer hookups throughout.

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Apartment Building with Short-Term Rental Units

2123 15th St, Lubbock, TX 79401

$610,000

15,536 sqft

Apartment building with a mix of one-bedroom units and renovated furnished short-term rental units near Texas Tech.

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31-Unit Apartment Building

3011 E 3rd Street, Lubbock, TX 79403

$2,165,915

34,091 sqft 0.17 AC lot

Many residents have remained for years under month-to-month lease arrangements.

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Two-Story Apartment Building with 11 Units

2310 Date Avenue, Lubbock, TX 79404

$250,000

3,720 sqft 0.16 AC lot

Two-story multifamily property with 11 private one-bedroom units and a manager suite, plus shared kitchen and bath areas.

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Five-Unit Townhome Building

2610-2618 136th St, Lubbock, TX 79423

$875,000

6,640 sqft

Townhomes feature rear-entry garages, xeriscaped yards, and updated interior finishes across from an elementary school.

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6-Unit Apartment Building

1906 Dixie Drive, Lubbock, TX 79411

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3,150 sqft 0.13 AC lot

Six efficiency units offer a compact multifamily configuration requiring renovation work.

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Multifamily Apartment Building with Carport

3508 E Colgate Street, Lubbock, TX 79403

$465,000

5,406 sqft 0.88 AC lot

Multifamily apartment building with carport parking, central HVAC, and 5 out of 5 units currently occupied.

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Updated Two-Story Apartment Building

2310 Date Ave, Lubbock, TX 79404

$250,000

3,720 sqft

Month-to-month terms support flexible occupancy across private units and shared amenities.

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5-Unit Townhome Apartment Building

2544 137th Street, Lubbock, TX 79423

$1,150,000

8,280 sqft 0.07 AC lot

Modern townhome complex with individual garages, turf yards, and low-maintenance exterior features.

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Apartment Building with Carport

Package Property 2, Lubbock, TX 79412

$460,000

5,340 sqft 0.73 AC lot

Apartment building on 0.73 acres with central HVAC, carport parking, and three of five units currently rented.

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12-Unit Apartment Building

1801 MAIN ST, Lubbock, TX 79401

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9,680 sqft

Built in 2023, the property combines leased residences with a shared fitness and yoga amenity near Texas Tech University.

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Six-Unit Efficiency Apartment Building

1906 Dixie Dr, Lubbock, TX 79411

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3,150 sqft

Efficiency apartment property with renovation needs and a six-unit configuration.

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Student Housing Near Texas Tech

2007 Main St, Lubbock, TX 79401

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13,680 sqft

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

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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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New Apartment Community

13510 Indiana Ave, Lubbock, TX 79423

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Brand-new 204-unit complex built in 2023, featuring one- and two-story brick and stucco buildings and in-unit laundry.

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16-Unit Duplex Portfolio

2009 Bryan Ave, Wolfforth, TX 79382

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16 duplex units feature 3-bedroom, 2-bath layouts with granite countertops and vinyl plank flooring throughout.

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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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129-Unit Garden-Style Apartment Community

5301 11th St, Lubbock, TX 79416

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Updated rental community with varied floorplans, full-size kitchens, and shared recreational and business amenities.

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Lubbock County, TX Apartment Buildings Market Trends and Statistics

Explore 45 apartment buildings for sale in Lubbock County, TX, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 179,158 square feet of properties for sale, with an estimated market value of $12,610,915.

Sale prices for two-family homes in Lubbock County, TX start at $250,000, averaging $840,727, and reaching up to $2,165,915 — 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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