2620-2628 136th Street, Lubbock, TX 79423
MULTI_FAMILY - Ranch - Lubbock, TX
- Added:
- May 27, 2025
- Days on Market:
- 379
- Last Refresh:
- Jun 9 at 11:06 am
Property Features for 2620-2628 136th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 13
- Bathrooms
- 10
- Rooms
- Bathroom 10, Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 2, Bedroom 5, Bedroom 3, Bathroom 8, Bedroom 6, Bedroom 9, Bedroom 4, Bathroom 9, Bathroom 1, Bedroom 13, Bedroom 10, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 7, Bathroom 7, Bedroom 8, Bedroom 12, Bedroom 11
- Parking features
- Garage, Driveway, Alley, Open
- Window features
- Blinds
- Patio and Porch features
- Patio, Porch
- Interior features
- Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Exterior features
- Lighting, Private Entrance, Private Yard
- Appliances
- Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
- Standard status
- Active
- APN
- R339788, R339789, R339790, R339791, R339792
- Size
- 6,688 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Description
- Viridian L 178, L 179, L 180, L 181, l 182
- Tax Annual Amount
- 17871
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2022
- Number of units
- 5
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Ranch
Listing agent Beth Wylie License #0777416 (405) 435-1534
Listing office Aycock Realty Group, LLC 3911 98th Street, Ste 200, Lubbock, TX (806) 778-5956
Listing date May 27, 2025
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
- 5‑plex built in 2022 with ranch‑style units
- Unit mix: three 3‑bedroom/2‑bath homes and two 2‑bedroom/2‑bath homes
- Ceramic tile flooring with open‑concept floorplans
- Central heating and central air with ceiling fans in units
- Kitchen features include granite counters, pantry, and stainless appliances (dishwasher, disposal, microwave, electric range/oven, refrigerator)
- Public sewer and public water; composition roof; driveway and garage parking with paved rear‑entry garages
Overview
Local Financial Insights For Apartment 5plus
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 | $105.1k | $15.72 |
| − Vacancy | −$6.5k | −$0.97 |
| EGI | $98.6k | $14.75 |
| − OpEx | −$44.4k | −$6.64 |
| NOI | $54.2k | $8.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.872511
- Latitude
- 33.47111
