215 36th Street, Lubbock, TX 79404
MULTI_FAMILY - Other - Lubbock, TX
- Added:
- Jan 20, 2026
- Days on Market:
- 140
- Last Refresh:
- Jun 9 at 11:06 am
Property Features for 215 36th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1
- Security features
- Security System
- Window features
- Double Pane Windows, Blinds
- Interior features
- Ceiling Fan(s)
- Standard status
- Active
- APN
- R53781
- Size
- 1,500 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- Putty Ross BLK 1 L 2C1
- Tax Annual Amount
- 1975
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2018
- Flooring type
- Laminate
- Building materials
- Board & Batten Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Kyle Watts License #0505515 (806) 239-6441
Listing office Legendary Dreams Realty, Inc. 7207 N CR 1440, Shallowater, TX (806) 239-6441
Listing date Jan 20, 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
- Duplex with Units A & B; Unit A rented for $1,000/mo and Unit B rented for $950/mo
- Built in 2018 with composition shingle roof
- Central heating and central air with electric cooling and ceiling fans
- Public utilities include public water and public sewer; cable available
- Laminate flooring and board & batten siding
Overview
The duplex is located at 215 36th Street in Lubbock, Texas 79404, in Lubbock County. The listing notes that the sale is tied to additional properties owned by the same seller, requiring the buyer to purchase two other units along with this duplex.
For buyers looking for a residential income setup, this duplex offers an operational two-unit structure with existing tenants in place. Because the sale must be bundled with the seller’s other units (217 36th A&B and 326 37th A&B), it may suit investors seeking to add multiple rental units through a single transaction. Contact the listing agent for additional details on the leases and package requirements.
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 | $20.7k | $13.80 |
| − Vacancy | −$1.3k | −$0.90 |
| EGI | $19.4k | $12.90 |
| − OpEx | −$5.8k | −$3.87 |
| NOI | $13.5k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.837643
- Latitude
- 33.561639
