3301 Avenue M, Lubbock, TX 79411
MULTI_FAMILY - Ranch - Lubbock, TX
- Added:
- May 8, 2026
- Days on Market:
- 33
- Last Refresh:
- Jun 9 at 6:06 pm
Property Features for 3301 Avenue M
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
- Parking features
- Driveway
- Window features
- Screens, Double Pane Windows
- Interior features
- Granite Counters
- Appliances
- Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Standard status
- Active
- APN
- R86527
- Size
- 1,761 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- Summer Hill Blk 6 L 7
- Tax Annual Amount
- 3150
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2022
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Wood Siding
- Roof type
- Composition
- Architectural style
- Ranch
Listing agent Jim Tidwell License #0559996 (806) 773-1304
Listing office Caprock Realty Group 2613 Ridge Road, Lubbock, TX (806) 773-1304
Listing date May 8, 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
- Newer duplex built in 2022 with ranch architectural style
- Granite counters and ceramic tile flooring throughout
- Appliances include stainless steel fridge, dishwasher, electric oven, microwave, and disposal
- Central heating and central A/C for year‑round comfort
- Wood siding exterior with composition shingle roof
- Driveway parking and public water service
Overview
The property is located at 3301 Avenue M in Lubbock, TX 79411. The site totals 0.16 acres, with 1,761 square feet of property size listed for the duplex.
For tenants, this layout provides two separate rental units within a duplex structure, with upgraded in-unit appliances and a finishes refresh already completed. For buyers, the combination of recent refurbishments, included appliances, ceramic tile flooring, and cold A/C can support straightforward leasing and ongoing upkeep planning. The metal fence is an additional exterior improvement that can help define the property boundary.
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 | $24.3k | $13.80 |
| − Vacancy | −$1.6k | −$0.90 |
| EGI | $22.7k | $12.90 |
| − OpEx | −$6.8k | −$3.87 |
| NOI | $15.9k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.849244
- Latitude
- 33.564167
