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

    402 39Th St Lubbock, TX 79404

    New
    For Sale
    $75,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    950 SF
    Lot size:
    0.15 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 402 39Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1
    Bedrooms
    3
    Bathrooms
    1
    APN
    R119782
    Parking features
    Driveway
    Size
    950 SF
    Lot size
    0.15 Acres

    Utilities

    Cooling system
    Multi Units

    Building Details

    Year built
    1950
    Roof type
    Composition

    Keller Williams Realty (806) 771-7710 [email protected]

    Listing agent Felicia Estrada (210) 274-1825 License #0673783

    Listing date Dec 3, 2025

    MLS# 202561970 Listing URL

    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

    Turn-Key Rental Portfolio in Lubbock

    This is an incredible opportunity to acquire a turn-key, remodeled 6-property rental portfolio, offering immediate cash flow and minimal future capital expenditure. Five of the homes are fully remodeled and tenant-occupied, featuring updated interiors, a solid rental history, and proven performance. One property is recently remodeled and move-in ready, suitable for lease-up or owner use. Each home includes updated flooring, modern kitchens and baths, fresh paint, and improved mechanical systems. The portfolio is ideal for out-of-state investors, 1031 exchange buyers, or anyone seeking stable, low-maintenance rentals from day one. The properties are located in Lubbock, Texas, specifically at 402 39th Street, 79404. The portfolio is available for purchase only as a package, with no individual sales. The lot size is 0.15 acres, and the property size is 950 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.838453
    Latitude
    33.558989

    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?
    Single family property - Remodeled 6-property rental portfolio with immediate cash flow.
    Where is this single family property located?
    The property is located at 402 39Th St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Turn-key 6-property rental portfolio for immediate cash flow.; - Five tenant-occupied, fully remodeled homes with solid rental history.; - Minimal future CapEx due to recent remodeling.
    (210) 274-1825
    Request Owner's contact information
    402 39Th St Lubbock, TX 79404
    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.
    402 39Th St
    Lubbock, TX 79404
    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
    402 39Th St Lubbock, TX 79404
    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.