Lubbock Duplex: Investment
2120 Langford Avenue Lubbock, TX 79407
For Sale
$370,000
MULTI_FAMILY - Lubbock, TX
Property Size3,008 SF
Lot Size0.16 Acres
Price / SF$123.01
Days on Market113
Property Features for 2120 Langford Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2
- Parking features
- Garage
- Interior features
- Ceiling Fan(s), Granite Counters, Kitchen Island, Pantry, Walk-In Closet(s)
- Appliances
- Dishwasher, Electric Oven, Electric Range, Refrigerator
- Standard status
- Active
- APN
- R341222
- Size
- 3,008 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- 19th & Mackey L 85
- Tax Annual Amount
- 7345
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
Building Details
- Year built
- 2023
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing Agency:
AMRR Realty
(806) 642-6488
Listed By:
Jennifer Busbea · License #0614398
(806) 577-7228
Added: Apr 6
Changed: Jul 18
Last Checked: Jul 27 at 9:06AM
MLS# 202604465
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex in Lubbock, Texas, presents a versatile opportunity with cash flow potential and convenience. Each unit features a functional layout with comfortable living spaces, spacious bedrooms, and practical kitchens suitable for everyday living. The property is ideal for expanding a rental portfolio or for owner-occupancy with rental income. Both units offer private entrances, ample parking, and layouts designed for tenant privacy and independence. Situated on a 0.16-acre lot, the property provides easy access to local amenities, shopping, dining, and major roadways, making it attractive to renters. The property has a total size of 3,008 square feet. With strong income potential and a desirable location in Lubbock, this duplex represents a strategic investment with long-term upside.
Key Highlights
- Well‑maintained 2023‑built duplex constructed with brick and roofed with composition shingles
- Each unit includes private entrance and practical kitchen features such as granite counters, kitchen island, and pantry
- Unit interior amenities include walk‑in closets, ceiling fans, and vinyl flooring
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 | $41.5k | $13.80 |
| − Vacancy | −$2.7k | −$0.90 |
| EGI | $38.8k | $12.90 |
| − OpEx | −$11.6k | −$3.87 |
| NOI | $27.2k | $9.03 |
3,008 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$388.1K
$339.6K – $452.8K
NOI $27,169 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$348.5K
$304.9K – $406.6K
NOI $24,395 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$758.3K
$663.5K – $884.7K
NOI $53,083 @ 7.0% cap · market cap 14.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with income potential in a desirable Lubbock location.
Where is this duplex located?
The property is located at 2120 Langford Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Well‑maintained 2023‑built duplex constructed with brick and roofed with composition shingles; Each unit includes private entrance and practical kitchen features such as granite counters, kitchen island, and pantry; Unit interior amenities include walk‑in closets, ceiling fans, and vinyl flooring
