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    1236 Wheelock St Lubbock, TX 79403

    Sponsored
    For Sale
    $181,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    1,370 SF
    Lot size:
    0.15 Acres
    Days on Market:
    46
    Last Refresh:
    Jan 9 at 8:06 am

    Property Features for 1236 Wheelock St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
    Bedrooms
    3
    Bathrooms
    2
    APN
    R313051
    Parking features
    Driveway, Garage
    Interior features
    Ceiling Fan(s)
    Fencing
    Fenced
    Appliances
    Dishwasher, Electric Oven, Microwave, Refrigerator, Washer/Dryer
    Size
    1,370 SF
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2014
    Floors in Building
    1
    Flooring type
    Tile, Carpet
    Building materials
    Brick Veneer
    Roof type
    Composition

    Aycock Realty Group, LLC (806) 778-5956

    Listing agent Karah Gunn License #0837092

    Listing date Nov 25, 2025

    MLS# 202563446 Listing URL

    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.

    Overview

    Income-Producing Multifamily Investment Opportunity

    This portfolio features income-producing properties, including single-family homes and duplexes, all currently leased and generating $6,700 per month in rental income. The properties include 4425 Jarvis St (valued at $165,000), 715 1&2 43rd St (valued at $162,000), and 717-719 43rd St (valued at $162,000). This turnkey investment offers immediate cash flow with tenants already in place. Professional property management is available for a smooth transition. One of the properties is currently renting at $1475 and is set to increase to $1525 at the beginning of April, with the lease expiring in 2027. The property at 1236 Wheelock Street, Lubbock, TX 79403 has a size of 1370 square feet and a lot size of 0.15 acres. Showings require advance scheduling with 24 hours notice for appointments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel Auto Parts Store Kitchen & Bath Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.850468
    Latitude
    33.623941

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    FAQs

    What type of property is this?
    Residential income property - Portfolio of leased properties generating monthly rental income.
    Where is this residential income property located?
    The property is located at 1236 Wheelock St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $181,000.
    What are key features of this property?
    This property features: - Portfolio of 6 income-producing properties (2 single family homes and 2 duplexes).; - Fully leased, generating $6,700 per month in rental income.; - Turnkey investment with immediate cash flow and strong tenants.
    (702) 575-8058
    Request Owner's contact information
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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
    1236 Wheelock St Lubbock, TX 79403
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