1810 Avenue R, Lubbock, TX 79401
MULTI_FAMILY - Lubbock, TX
- Added:
- Feb 2, 2026
- Days on Market:
- 145
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 1810 Avenue R
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
- Parking features
- Carport, On Street, Off Street, Driveway
- Patio and Porch features
- Porch
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- R138289
- Size
- 1,485 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- Overton Blk 18 L 4 & N2'of 5
- Tax Annual Amount
- 2652
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1922
- Flooring type
- Tile, Hardwood, Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing agent Doug Duncan License #0563978 (806) 577-5595
Listing office Real Broker, LLC 5820 66th Street, #401, Lubbock, TX (806) 577-5595
Listing date Feb 2, 2026
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
- Recently renovated triplex in the Overton neighborhood adjacent to Texas Tech University
- Fully leased triplex generating $1,675/mo
- Built in 1922 with brick construction and a composition roof
- Bedrooms and bathrooms: 3 bedrooms and 3 bathrooms total
- Public utilities: public water and public sewer
- Flooring includes tile, hardwood, and vinyl; includes a refrigerator
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 | $20.5k | $13.80 |
| − Vacancy | −$1.3k | −$0.90 |
| EGI | $19.2k | $12.90 |
| − OpEx | −$5.7k | −$3.87 |
| NOI | $13.4k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.856685
- Latitude
- 33.578445
