1107 N Englewood Avenue, Lubbock, TX 79416
MULTI_FAMILY - Other - Lubbock, TX
- Added:
- Sep 6, 2023
- Days on Market:
- 1019
- Last Refresh:
- Jun 20 at 4:06 pm
Property Features for 1107 N Englewood Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
- Parking features
- Garage
- Window features
- Low Emissivity Windows, Double Pane Windows
- Interior features
- Ceiling Fan(s)
- Appliances
- Dishwasher
- Standard status
- Active
- APN
- R340354
- Size
- 2,890 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- LINCOLN 16 L 217
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2021
- Number of units
- 2
- Building materials
- Brick, Wood Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Linda Day License #0331596 (806) 470-2499
Listing office Coldwell Banker Trusted Adviso 4924 S Loop 289, Lubbock, TX (806) 793-0677
Listing date Sep 6, 2023
Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- One‑story duplex built in 2021 with roomy layout on each side
- Each side features 3 bedrooms, 2 bathrooms, and 2‑car garage (3/2/2)
- Side A is vacant as of October 11, 2024
- Side B is leased on a month‑to‑month basis
- Interior features include ceiling fans and a dishwasher
- Central heating and central air, with electric backup systems listed
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.9k | $13.80 |
| − Vacancy | −$2.6k | −$0.90 |
| EGI | $37.3k | $12.90 |
| − OpEx | −$11.2k | −$3.87 |
| NOI | $26.1k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.936289
- Latitude
- 33.611923
