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    1727 E 2Nd Pl Lubbock, TX 79403

    Sponsored
    For Sale
    $2,035,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    35,812 SF
    Lot size:
    0.82 Acres
    Days on Market:
    43
    Last Refresh:
    Jan 7 at 2:06 am

    Property Features for 1727 E 2Nd Pl

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2
    Bedrooms
    3
    Bathrooms
    2
    APN
    R130604
    Size
    35,812 SF
    Lot size
    0.82 Acres

    Utilities

    Heating system
    Varies by Unit (Heating)
    Cooling system
    Varies by Unit

    Building Details

    Year built
    1960

    Southern Magnolia Real Estate (806) 773-4092

    Listing agent Tomas Rodriguez (361) 816-3661 License #0787075

    Listing date Nov 26, 2025

    MLS# 202562383 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

    Lubbock Multifamily Investment Opportunity

    This offering presents an investor special: a 32-unit package in Lubbock, Texas, comprised of 28 single-family homes and 2 duplexes. The properties, situated on a lot of 0.82 acres, total 35,812 square feet. Most of the units are currently rented. The properties can be purchased individually, in small packages, or as a whole. The owner is willing to carry up to $1,000,000 of the purchase price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.816093
    Latitude
    33.595832

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    FAQs

    What type of property is this?
    Single family property - 32-unit package with potential owner financing and equity.
    Where is this single family property located?
    The property is located at 1727 E 2Nd Pl Lubbock, TX.
    What is the asking price?
    The asking price for this property is $2,035,000.
    What are key features of this property?
    This property features: - Owner financing available (up to $1,000,000); - 32-unit investment package; - Potential equity of approximately $300,000
    (361) 816-3661
    Request Owner's contact information
    1727 E 2Nd Pl Lubbock, TX 79403
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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
    1727 E 2Nd Pl Lubbock, TX 79403
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