Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3520 150Th St Lubbock, TX 79423

    New
    Pending
    For Sale
    $1,300,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    7,876 SF
    Lot size:
    1.09 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 3520 150Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Basement
    APN
    R36980
    Parking features
    Driveway
    Fireplace
    1
    Size
    7,876 SF
    Lot size
    1.09 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Fireplace(s), Central, Ductless (Heating), Natural Gas
    Cooling system
    Central Air, Ductless, Multi Units, Electric
    Water source
    Private, Well

    Building Details

    Year built
    1985
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Brick, Frame
    Roof type
    Composition

    HouseChaser (806) 702-4443

    Listing agent Chase Marberry (806) 773-7050 License #0551393

    Listing date Dec 3, 2025

    Copyright © 2025 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.

    Overview

    Remodeled Senior Living Home

    Located in Southwest Lubbock, this remodeled senior living home features 16 bedrooms and 10 bathrooms and is situated on a 1-acre lot with mature trees. The property is designed to support a memory care or group living facility, with flexible use across various residential care models. Each of the 15 spacious bedrooms includes an individual mini-split HVAC unit. The 10 ADA-compliant bathrooms feature roll-in tile showers with grab bars, easy-access sinks, and sliding barn doors. The large kitchen is equipped with double ovens, double dishwashers, expansive counters, and custom cabinetry. Multiple common areas feature warm finishes, brick fireplaces, vaulted ceilings, and large windows. An electronic access control system ensures safety and privacy, and a full fire suppression system is professionally installed. The attic is fully spray foam insulated. The property includes two nurses' stations, a dedicated salon room, and an oversized laundry room designed for three washers and three dryers. There is also a large basement storage area, multiple storage closets, and private office spaces. Two spacious living rooms, one with skylights and a wall of windows, provide natural light. The property is fully ADA compliant, with ramps, bathrooms, and hallways designed for accessibility. Located in the Indiana South neighborhood, the property is zoned outside city limits and is ideal for group living or residential care. The property size is 7876 square feet. The seller is willing to complete the remaining final touches to meet the buyer's vision or facility requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Skin Care Clinic Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.891715
    Latitude
    33.458474

    Nearby Similar for Sale

    • $650,000

      Multifamily Investment Near Texas Tech

      Four properties near Texas Tech, offering diverse rental opportunities.
      Package Property, Lubbock, TX 79411
      View Details
    • $700,000
      7,768 SF

      Multifamily Property Near Texas Tech

      Multifamily property near Texas Tech, suitable for students and short-term rentals.
      2123 15Th St, Lubbock, TX 79401
      View Details
    • $333,000
      2,832 SF

      Historic Multifamily Property Near Texas Tech

      Six-bedroom property near Texas Tech, featuring unique historic details.
      2323 20Th St, Lubbock, TX 79411
      View Details
    • $415,000

      Lubbock Income-Generating Package Property

      Fully leased properties with strong rental history in desirable Lubbock locations.
      Package Property, Lubbock, TX 79410
      View Details
    • New
      $35,000
      Pending

      Lubbock Duplex Near Texas Tech

      Duplex in Lubbock near Texas Tech, great rental opportunity.
      1512 18Th St, Lubbock, TX 79401
      View Details
    • New
      $385,000
      4,868 SF

      Spacious Duplex with Atriums

      Two units, each with private atrium and two-car garage.
      3313 74Th St, Lubbock, TX 79423
      View Details

    FAQs

    What type of property is this?
    Senior housing facility - Fully remodeled 16-bedroom senior living home on a 1-acre lot.
    Where is this senior housing facility located?
    The property is located at 3520 150Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Fully remodeled 16-bedroom senior living home, ideal for memory care or group living, with flexible use across various residential care models.; - ADA-compliant with 10 bathrooms featuring roll-in tile showers, grab bars, easy-access sinks, and sliding barn doors, plus ramps and accessible hallways throughout.; - Equipped commercial kitchen with double ovens, double dishwashers, expansive counters, and custom cabinetry.
    (806) 773-7050
    Request Owner's contact information
    3520 150Th St Lubbock, TX 79423
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3520 150Th St
    Lubbock, TX 79423
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3520 150Th St Lubbock, TX 79423
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.