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 10:06AM
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
