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Five-Unit Apartment Building

3404 25th Street Lubbock, TX 79410

3404 25th Street, Lubbock, TX, 79410
$1,575,000
For Sale
Claim this Listing
$1,575,000

MULTI_FAMILY - Lubbock, TX

Property Size11,170 SF
Lot Size0.37 Acres
Price / SF$141
AddedJul 1
Days on Market14
Last RefreshJul 14 at 12:06 pm

Property Features for 3404 25th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
5
Rooms
Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 5, Bedroom 4, Bedroom 3
Window features
Window Coverings, Double Pane Windows
Interior features
Ceiling Fan(s), Granite Counters, Recessed Lighting, Storage, Walk-In Closet(s)
Exterior features
Balcony, Lighting, Rain Gutters
Appliances
Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer
Standard status
Active
APN
R98750
Size
11,170 SF
Lot size
0.37 Acres

Taxes and HOA fees

Tax Description
Tyler Square Blk 1 L 18-19 & W5'of 20
Tax Annual Amount
17977

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public

Building Details

Year built
2018
Flooring type
Vinyl
Building materials
Stone, Wood Siding
Roof type
Composition
Additional Structures
Storage

Listing agent Stacey Rogers License #0588927

Listing office Keller Williams Realty 10210 Quaker Ave, Lubbock, TX

Listing date Jul 1, 2026

MLS# 202608945 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.


Investment Insights

Based on property information with market context.

This five-unit apartment complex is configured as separate, large-format residences, with each unit featuring four bedrooms and 4.5 bathrooms. The layout in every unit is described as open-concept, and each unit includes its own balcony. Practical everyday conveniences are built in, with a washer/dryer and a refrigerator included in every unit.

The property is located at 3404 25th Street in Lubbock, Texas, and the listing notes it is just minutes from Texas Tech University. It is also positioned close to campus and within reach of shopping, dining, and entertainment.

For tenants, the unit mix supports households that need multiple bedrooms and a meaningful amount of private space, with balconies adding outdoor access for each unit. For owners, the property offers a straightforward multi-unit setup where key in-unit appliances are already provided, supporting day-to-day livability from move-in onward. As a residential income asset, it may appeal to buyers looking for a small, clearly defined portfolio addition in a campus-adjacent area.

Key Highlights

  • 2018‑built 5‑unit complex with each unit featuring 4 bedrooms and 4.5 bathrooms.
  • Each unit includes a refrigerator and washer/dryer.
  • Balconies in each unit, plus rain gutters and exterior lighting.

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 $175.6k $15.72
− Vacancy −$10.9k −$0.97
EGI $164.7k $14.75
− OpEx −$74.1k −$6.64
NOI $90.6k $8.11
11,170 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,588 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.82M
$2.46M – $3.29M (±1% cap)
NOI $197,119 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency HVAC Service Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five-unit apartment building with in-unit washer/dryer and balconies near Texas Tech University and surrounding shopping and dining.
Where is this apartment building located?
The property is located at 3404 25th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 2018‑built 5‑unit complex with each unit featuring 4 bedrooms and 4.5 bathrooms.; Each unit includes a refrigerator and washer/dryer.; Balconies in each unit, plus rain gutters and exterior lighting.
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More about this property
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