Lubbock Duplex with Immediate
6319 7th Street Lubbock, TX 79416
6319 7th Street, Lubbock, TX, 79416
$245,000
For Sale
$245,000
MULTI_FAMILY - Lubbock, TX
Property Size2,357 SF
Lot Size0.15 Acres
Price / SF$103.95
Days on Market126
Property Features for 6319 7th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 4
- Parking features
- Off Street, Driveway, On Street, Garage
- Exterior features
- Private Yard
- Fireplace
- 1
- Standard status
- Active
- APN
- R172827
- Size
- 2,357 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- WESTCHESTER PARK L 760
- Tax Annual Amount
- 3746
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing agency
Brick & Loft Realty
(806) 999-0722
Listed by
Travis Turner · License #0660475
(806) 577-2508
Added: Mar 18 Updated: Jul 18 at 8:35AM Checked: Jul 21 at 9:06PM
MLS# 202603573
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 duplex in Lubbock, Texas, offers immediate income potential, making it suitable for investors or those interested in house hacking. The property features a functional layout, with each side including 2 bedrooms, 2 bathrooms, and a 1-car garage. Situated on a 0.15-acre lot, the building has a total area of 2357 square feet. Both sides of the duplex are currently leased under long-term contracts. The property is located in Lubbock County, with the postal code 79416.
Key Highlights
- Duplex built in 2003 with brick exterior and composition roof
- Each side offers 2 bedrooms and 2 bathrooms, plus a 1‑car garage
- Both sides are currently leased on long‑term contracts
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 | $32.5k | $13.80 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $30.4k | $12.90 |
| − OpEx | −$9.1k | −$3.87 |
| NOI | $21.3k | $9.03 |
2,357 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$304.1K
$266.1K – $354.8K
NOI $21,289 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$273.1K
$238.9K – $318.6K
NOI $19,115 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$594.2K
$519.9K – $693.2K
NOI $41,594 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex in good condition, currently leased, great for investors.
Where is this duplex located?
The property is located at 6319 7th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Duplex built in 2003 with brick exterior and composition roof; Each side offers 2 bedrooms and 2 bathrooms, plus a 1‑car garage; Both sides are currently leased on long‑term contracts
