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    7405 Waco Ave Lubbock, TX 79423

    For Sale
    $315,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    3,048 SF
    Lot size:
    0.24 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 7405 Waco Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 2, Bathroom 8, Bedroom 9, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 5, Bedroom 10, Bathroom 6, Bathroom 7, Bathroom 3, Bedroom 1
    Bedrooms
    10
    Bathrooms
    8
    APN
    R82493
    Parking features
    Parking Lot
    Interior features
    Ceiling Fan(s)
    Exterior features
    Balcony
    Fireplace
    1
    Size
    3,048 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Multi Units, Electric

    Building Details

    Year built
    1983
    Floors in Building
    2
    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# 202562469 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: Investor Special

    This quadplex, located in South Lubbock, presents an investment opportunity. The property is 75% occupied and professionally managed. Situated just off University Avenue and near South Loop 289, it offers convenient access to major roads, Texas Tech University, and various restaurants and shopping venues. The property contains 3,048 square feet of space and is positioned on a 0.24-acre lot. This income-producing asset is located in a consistently leased area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.865746
    Latitude
    33.526352

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    FAQs

    What type of property is this?
    Quadplex - Quadplex in South Lubbock, 75% occupied, near Texas Tech.
    Where is this quadplex located?
    The property is located at 7405 Waco Ave 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 quadplex investment opportunity.; - 75% occupied and professionally managed.; - Located in South Lubbock near University Avenue and South Loop 289.
    (806) 773-0821
    Request Owner's contact information
    7405 Waco Ave Lubbock, TX 79423
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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
    7405 Waco Ave Lubbock, TX 79423
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