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    7401 Avenue X Lubbock, TX 79423

    For Sale
    $315,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    3,102 SF
    Lot size:
    0.25 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 7401 Avenue X

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    R82786
    Parking features
    Parking Lot
    Interior features
    Ceiling Fan(s)
    Fencing
    Fenced
    Fireplace
    1
    Size
    3,102 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Multi Units, Electric, Ceiling Fan(s)

    Building Details

    Year built
    1981
    Floors in Building
    1
    Building materials
    Stucco
    Roof type
    Composition

    Williams & Company Real Estate (806) 777-1310

    Listing agent Cameron Seale (806) 773-0821 License #0688378

    Listing date Nov 17, 2025

    MLS# 202562470 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

    Lubbock Quadplex Investment Opportunity

    This quadplex in Lubbock, Texas, presents a turnkey investment opportunity. The property is fully occupied and professionally managed, generating $2,625 per month in rents. Each of the four units features two bedrooms and one bathroom, with some updates present throughout the building. Situated just off University Avenue and near South Loop 289, the location provides convenient access to major roads, Texas Tech University, and various restaurants and shopping destinations. The property is located in a consistently leased area, making it a solid, income-producing asset. The property size is 3,102 square feet and the lot size is 0.25 acres.
    Location Intelligence

    Current Use by Public Records

    Slim Baby Creative Graphic Designer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.866764
    Latitude
    33.526818

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    FAQs

    What type of property is this?
    Quadplex - Fully occupied quadplex near Texas Tech, generating $2,625 monthly income.
    Where is this quadplex located?
    The property is located at 7401 Avenue X Lubbock, TX.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Turnkey investment opportunity with existing $2,625/month rental income.; - Located in South Lubbock, near University Avenue and South Loop 289, providing quick access to major roads, Texas Tech, restaurants, and shopping.; - Fully occupied and professionally managed.
    (806) 773-0821
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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
    7401 Avenue X Lubbock, TX 79423
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