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    1209 N Essex Ave Lubbock, TX 79416

    For Sale
    $231,500

    MULTI_FAMILY - Lubbock, TX

    Property size:
    1,729 SF
    Lot size:
    0.09 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 1209 N Essex Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    R337397
    Parking features
    Garage
    Interior features
    Breakfast Bar, Ceiling Fan(s), Granite Counters, Kitchen Island, Walk-In Closet(s)
    Size
    1,729 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2020
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Composition

    Blu Realty, LLC (806) 781-2344 [email protected]

    Listing agent Antonio Herbert (806) 999-0555 License #0742035

    Listing date Nov 21, 2025

    MLS# 202563254 Listing URL

    Copyright © 2025 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.

    Overview

    Three-Unit Investment Package in Lubbock

    This is a rare opportunity to acquire a three-unit investment package located in North Lubbock's Lincoln 16 community. Constructed in 2021, the properties are in exceptional condition. Each home features open living spaces, granite countertops, gas cooktops, luxury vinyl plank flooring, and private yards. The total property size is 1729 square feet on a lot of 0.09 acres. Two units are leased through mid-2026 with strong, consistent occupancy. One unit is owner-occupied with potential for leaseback. The original owner oversaw construction, ensuring quality and long-term durability. All three homes are individually deeded, offering portfolio flexibility and stability. The location provides excellent access to the Loop, Texas Tech, the Medical District, and dining and retail options. This turnkey investment is offered together as one cohesive sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Skin Care Clinic Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.937293
    Latitude
    33.612569

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    FAQs

    What type of property is this?
    Triplex - Three modern homes in Lubbock with reliable income potential.
    Where is this triplex located?
    The property is located at 1209 N Essex Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $231,500.
    What are key features of this property?
    This property features: - Three individually deeded units offer portfolio flexibility and stability.; - Built in 2021, ensuring modern construction and exceptional condition.; - Two units leased through mid-2026 with strong occupancy, providing reliable income.
    (806) 999-0555
    Request Owner's contact information
    1209 N Essex Ave Lubbock, TX 79416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1209 N Essex Ave Lubbock, TX 79416
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