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Duplex With Updated Interiors
For Sale
$130,000

529 42nd Street, Lubbock, TX 79404

Residential Income, Lubbock, TX

Property Size1,488 SF
Lot Size0.15 Acres
Price / SF$87.37
Days on Market57

Property Features for 529 42nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking features Carport
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Subdivision 2
Standard status Active
APN R105411
Size 1,488 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description Pharr H L Blk 1 L 5
Tax Annual Amount 1815
Legal Description Pharr H L Blk 1 L 5

Utilities

Heating system Wall Furnace
Cooling system Ceiling Fan(s), Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1954
Number of units 2
Flooring type Vinyl
Roof type Composition
Listing Agency: Thrive Real Estate
Listed By: Paul Zapata · License #0852934
Added: Jul 28 Changed: Sep 17 Last Checked: Sep 22 at 6:06AM
MLS# 202610491

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 1,488-square-foot duplex contains four bedrooms and two bathrooms, with one residence leased and the other undergoing turnover. Interior improvements completed before the current ownership include refreshed paint, vinyl flooring, updated cabinetry, and remodeled bathrooms. The property also has carport parking, composition roofing, wall-furnace heating, and window or wall/window cooling supplemented by ceiling fans.

Set on a 0.15-acre lot in Lubbock, the property is positioned near schools, shopping, and major roadways. Built in 1954, it offers a two-unit configuration with one occupied residence and a second unit being prepared for a new tenant.

Key Highlights

  • 1,488‑square‑foot duplex on a 0.15‑acre lot
  • One unit is leased; the second is in turnover
  • Updated paint, vinyl flooring, cabinetry, and bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Spa & Massage Center Gym & Fitness Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby

Demographics for 79404, TX

9,956
Population
4,289
Households
2.3
Avg Household Size
38
Median Age
13%
College-Educated
73%
High-School Grad
28.5 sq mi
ZIP Area
349
Density / Sq Mi
$48,642
Median Household Income
$30,654
Median Earnings
$958
Median Rent
$86,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with one leased residence and a second unit being prepared for occupancy.
Where is this duplex located?
The property is located at 529 42nd Street Lubbock, TX.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 1,488‑square‑foot duplex on a 0.15‑acre lot; One unit is leased; the second is in turnover; Updated paint, vinyl flooring, cabinetry, and bathrooms
More about this property
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