Lubbock Multifamily Investment
3508 E Colgate Street Lubbock, TX 79403
For Sale
$465,000
MULTI_FAMILY - Lubbock, TX
Property Size5,406 SF
Lot Size0.88 Acres
Price / SF$86.02
Days on Market515
Property Features for 3508 E Colgate Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 15
- Bathrooms
- 8
- Rooms
- Bedroom 10, Bathroom 8, Bedroom 1, Bedroom 7, Bathroom 10, Bedroom 15, Bathroom 9, Bathroom 3, Bathroom 2, Bedroom 8, Bedroom 13, Bedroom 12, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 9, Bathroom 6, Bedroom 5, Bathroom 7, Bedroom 14, Bedroom 11, Bathroom 1, Bedroom 6, Bathroom 5
- Parking
- 2
- Parking features
- Carport
- Standard status
- Active
- APN
- R133682, R133630, R133554, R133874, R77785
- Size
- 5,406 SF
- Lot size
- 0.88 Acres
Taxes and HOA fees
- Tax Description
- CHERRY POINT L 451, CHERRY POINT L 449, CHERRY POINT L 446, CHERRY POINT L 458, SUBURBAN HOMES BLK 5 L 10
- Tax Annual Amount
- 7708
Utilities
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 2008
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing Agency:
Brick & Loft Realty
(806) 999-0722
Listed By:
Collen Melton · License #0774198
(806) 999-5353
Added: Feb 25, 2025
Changed: Jul 11
Last Checked: Jul 25 at 12:06AM
MLS# 202550925
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 multifamily property is located in Lubbock, Texas. The property contains 5406 square feet and is situated on a 0.88-acre lot. Currently, 5 out of 5 units are occupied, resulting in a cap rate of 7.62%.
Key Highlights
- 5 out of 5 units are occupied, with a stated cap rate of 7.62%
- Built in 2008 with vinyl siding exterior
- Central heating and central air conditioning, plus ceiling fans
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Multifamily property in Lubbock, TX with high occupancy.
Where is this apartment building located?
The property is located at 3508 E Colgate Street Lubbock, TX.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 5 out of 5 units are occupied, with a stated cap rate of 7.62%; Built in 2008 with vinyl siding exterior; Central heating and central air conditioning, plus ceiling fans
