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Multifamily Value-Add Portfolio

312 E 34th Street, Lubbock, TX 79404

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Pending

$225,000

MULTI_FAMILY - Lubbock, TX

Property size:

10,568 SF

Lot size:

0.97 Acres

HighLights

Portfolio at 312 E 34th includes 5 individual 1‑bedroom houses, 1 duplex, and 1 large apartment building (18 doors total)
Large Sierra Trails apartment building totals 7,600+ sq ft and is part of the multi‑family package
Water available and public sewer connected
Heating is electric, with tile flooring reported
Driveway parking and chain link fencing included
Year built listed as 1955

We can help!

Listing Contact

Tomas Rodriguez

Pending

$225,000

MULTI_FAMILY - Lubbock, TX

Property size:

10,568 SF

Lot size:

0.97 Acres

Added:: Mar 9, 2026
Days on Market:: 104
Last Refresh:: Jun 20 at 12:06 pm

Property Features for 312 E 34th Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 23
Bathrooms: 10
Rooms: Bathroom 6, Bedroom 22, Bedroom 14, Bedroom 7, Bedroom 1, Bedroom 8, Bathroom 1, Bathroom 2, Bathroom 7, Bedroom 20, Bedroom 15, Bedroom 4, Bedroom 16, Bedroom 11, Bedroom 10, Bedroom 12, Bedroom 23, Bedroom 9, Bedroom 21, Bedroom 5, Bathroom 5, Bedroom 18, Bathroom 8, Bathroom 4, Bedroom 19, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 13, Bathroom 9, Bedroom 6, Bathroom 10, Bedroom 17
Parking features: Driveway
Fencing: Chain Link
Standard status: Pending
APN: R70294
Size: 10,568 SF
Lot size: 0.97 Acres

Taxes and HOA fees

Tax Description: Berry Blk 2 L 4-6
Tax Annual Amount: 3266

Utilities

Utilities: Water Available
Sewer type: Public Sewer
Heating system: Electric (Heating)

Building Details

Year built: 1955
Floors in Building: 2
Flooring type: Tile

We can help!

Listing Contact

Tomas Rodriguez

Listing agent Tomas Rodriguez License #0787075

Listing office Southern Magnolia Real Estate 3204 140th St, Lubbock, TX

Listing date Mar 9, 2026

MLS# 202603089 Listing URL

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

Portfolio at 312 E 34th includes 5 individual 1‑bedroom houses, 1 duplex, and 1 large apartment building (18 doors total)
Large Sierra Trails apartment building totals 7,600+ sq ft and is part of the multi‑family package
Water available and public sewer connected
Heating is electric, with tile flooring reported
Driveway parking and chain link fencing included
Year built listed as 1955

Overview

This multifamily value-add portfolio combines five standalone 1-bedroom houses, one duplex, and one larger apartment building. The five houses are nearly rent-ready, with minor finishing touches needed to move them toward leasing. The duplex is currently requiring rehab, creating an opportunity to restore the unit and expand the portfolio’s rentable inventory. The centerpiece is a large apartment building that requires a more comprehensive renovation; its scale supports higher-density rental income once brought back to performance.

The portfolio is offered at 312 E 34th Street in Lubbock, TX (79404). With a total of 18 doors across the assembled homes and building, the property is designed for investors who want a single ownership structure with multiple rental streams.

This is a practical fit for a buy-and-hold buyer seeking to stabilize near-rent-ready units while budgeting for upgrades, or for an investor planning a more active renovation strategy to drive long-term returns. Its configuration supports both quick-start leasing on portions of the package and a broader renovation plan for the duplex and the larger apartment building.

Property Profile Location Intelligence

Current Use by Public Records

Sierra Trails Apartment Building

Suggested Use

Location Insight

Map
Local Demand

City: Lubbock
County: Lubbock
State: Texas
Longitude: -101.832427
Latitude: 33.562715

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For sale
Apartment buildings
TX
Lubbock
79404
312 E 34th Street

What type of property is this?

Apartment building - Mixed residential rental inventory offers immediate leasing potential and scope for meaningful renovation-driven upside.

Where is this apartment building located?

The property is located at 312 E 34th Street Lubbock, TX.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: Portfolio at 312 E 34th includes 5 individual 1‑bedroom houses, 1 duplex, and 1 large apartment building (18 doors total); Large Sierra Trails apartment building totals 7,600+ sq ft and is part of the multi‑family package; Water available and public sewer connected

312 E 34th Street, Lubbock, TX 79404

MULTI_FAMILY - Lubbock, TX

Property Features for 312 E 34th Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Medical Office Building with 2025 Build

Lubbock Commercial Suites For Sale

Fully Leased Office Suite

Lubbock Commercial Opportunity on Upland

Versatile Commercial Space in Lubbock

Metal Flex Building with Fenced Yard

Lubbock Office Investment Opportunity

Well-Appointed Office Building in Lubbock

Climate-Controlled Warehouse with Offices

Storefront Building in Shopping Center

Multi-Office Building with Garage

Flex Warehouse with Office Buildout

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