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    2123 15Th St Lubbock, TX 79401

    For Sale
    $700,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    7,768 SF
    Lot size:
    0.15 Acres
    Days on Market:
    79
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 2123 15Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    R40279
    Parking features
    On Street, Driveway
    Size
    7,768 SF
    Lot size
    0.15 Acres

    Utilities

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

    Building Details

    Year built
    1950
    Floors in Building
    2
    Flooring type
    Vinyl, Carpet
    Building materials
    Brick, Wood Siding

    eXp Realty, LLC (512) 777-9581 [email protected]

    Listing agent Benjamin Hargrove (806) 786-5838 License #0672833

    Listing date Sep 19, 2025

    Copyright © 2025 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

    Multifamily Property Near Texas Tech

    The Apartments offer a unique living experience suitable for students, families, and short-term rentals. The property contains 7,768 square feet and is situated on a 0.15-acre lot. The top floor features six one-bedroom units. The bottom floor includes two renovated units currently utilized as short-term rentals. One of these units features a living area with four separate bedrooms, each with a full bathroom. The other bottom unit is a two-bedroom, two-bath unit with a living area and kitchenette. The bottom units will be furnished. The property is located within walking distance of Texas Tech, restaurants, and shopping in Lubbock, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Clark Apartments Furnished Apartment Building

    Suggested Use

    Realty agency Spa & Massage Restaurant Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -101.863923
    Latitude
    33.581434

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property near Texas Tech, suitable for students and short-term rentals.
    Where is this apartment building located?
    The property is located at 2123 15Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Excellent location within walking distance to Texas Tech, restaurants, and shopping.; - Two bottom-floor units are renovated and currently used as short-term rentals, providing immediate income potential.; - One bottom unit features a LARGE living area with 4 separate bedrooms, each with a full bathroom.
    (806) 786-5838
    Request Owner's contact information
    2123 15Th St Lubbock, TX 79401
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    Lubbock, TX 79401
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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
    2123 15Th St Lubbock, TX 79401
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