6304 Quaker Avenue, Lubbock, TX 79413
MULTI_FAMILY - Other - Lubbock, TX
- Added:
- Oct 30, 2025
- Days on Market:
- 232
- Last Refresh:
- Jun 18 at 7:06 am
Property Features for 6304 Quaker Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 1
- Parking features
- Alley, Open, Garage, Driveway
- Window features
- Blinds
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s), Walk-In Closet(s)
- Exterior features
- Private Yard
- Fireplace
- 1
- Appliances
- Dishwasher, Electric Range, Microwave, Range Hood, Refrigerator
- Standard status
- Active
- APN
- R56720
- Size
- 2,663 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Description
- Quail Ridge L 17 Less Ne/Pt
- Tax Annual Amount
- 4828
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Carpet
- Building materials
- Brick Veneer
- Roof type
- Composition
- Architectural style
- Other
Listing agent Tracie Nelson License #0645141 (432) 413-2821
Listing office Sincerity Real Estate LLC PO Box 9235, Midland, TX (432) 413-2821
Listing date Oct 30, 2025
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.
HighLights
- Turn‑key investment property with two units.
- Unit B is a spacious 3br/2bath (approx 1400sf).
- Unit A is a 2br/1.5bath (approx 1200sf).
- Both units feature updated laminate flooring and walk‑in closets.
- Each unit has a wood‑burning fireplace with gas starter.
- Property is located off a side street, reducing traffic noise and improving access.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.7k | $13.80 |
| − Vacancy | −$2.4k | −$0.90 |
| EGI | $34.4k | $12.90 |
| − OpEx | −$10.3k | −$3.87 |
| NOI | $24.1k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.905652
- Latitude
- 33.537241