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    5502 Itasca St Lubbock, TX 79416

    Sponsored
    For Sale
    $390,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    2,842 SF
    Lot size:
    0.17 Acres
    Days on Market:
    54
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for 5502 Itasca St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 6
    Bedrooms
    6
    Bathrooms
    6
    APN
    R337364
    Parking features
    Garage
    Size
    2,842 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2021
    Number of units
    2
    Building materials
    Brick
    Roof type
    Composition

    Payne Family Realty (806) 368-8712

    Listing agent Amy Cox (806) 543-6095 License #0667992

    Listing date Nov 14, 2025

    MLS# 202563102 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.

    Overview

    Lubbock Duplex with Garages

    This multifamily property in Lubbock, Texas, features a duplex on a 0.17-acre lot. Each of the two units offers 3 bedrooms, 3 bathrooms, and a 2-car garage. The property provides an opportunity for generating income, with options to live in one unit and lease the other, or lease both units for cash flow. The property has a size of 2842 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.931397
    Latitude
    33.610847

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    FAQs

    What type of property is this?
    Duplex - Two income-generating units, each with 3 bedrooms and garage.
    Where is this duplex located?
    The property is located at 5502 Itasca St Lubbock, TX.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: - Two Income-Generating Units: Ideal for investors or owner-occupiers.; - Each Unit Features: **3 bedrooms and 3 bathrooms**, providing ample space and comfort.; - Two-Car Garage per Unit: Secure and convenient parking for residents.
    (806) 543-6095
    Request Owner's contact information
    5502 Itasca St Lubbock, TX 79416
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    Lubbock, TX 79416
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    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
    5502 Itasca St Lubbock, TX 79416
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