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    7407 Avenue X Lubbock, TX 79423

    For Sale
    $360,000

    MULTI_FAMILY - Other - Lubbock, TX

    Property size:
    3,808 SF
    Lot size:
    0.25 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 7407 Avenue X

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 8, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 1
    Bedrooms
    8
    Bathrooms
    4
    APN
    R82702
    Parking features
    Carport
    Patio and Porch features
    Deck
    Interior features
    Formica Counters, Natural Woodwork, Pantry
    Exterior features
    Balcony, Lighting, Rain Gutters, Storage
    Fireplace
    1
    Appliances
    Dishwasher, Electric Range, Exhaust Fan, Refrigerator
    Size
    3,808 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1981
    Number of units
    4
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Storage

    Blu Realty, LLC (806) 781-2344 [email protected]

    Listing agent Keenon Ward (325) 436-1970 License #0754407

    Listing date Nov 13, 2025

    MLS# 202561954 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

    South Lubbock Quadplex Investment Opportunity

    Located in South Lubbock, this quadplex offers a secluded setting with convenient access to local amenities. The property features four units, each containing 2 bedrooms and 1 bathroom. The units are currently occupied by tenants. Market rents are approximately $800-$850 per month, with potential for increased rental income through cosmetic upgrades. The property provides an opportunity to add an income-generating asset to an investment portfolio in an accessible Lubbock location. The property is currently generating $3,070 per month in gross rent. The lot size is 0.25 acres. The property size is 3,808 square feet.
    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
    -101.866705
    Latitude
    33.526845

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    FAQs

    What type of property is this?
    Quadplex - Income-producing quadplex in a quiet Lubbock location.
    Where is this quadplex located?
    The property is located at 7407 Avenue X Lubbock, TX.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: - Income-producing quadplex generating $3,070/month gross rent.; - Located in a desirable South Lubbock location with quick access to amenities.; - Steady tenants in place with minimal complaints.
    (325) 436-1970
    Request Owner's contact information
    7407 Avenue X 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
    7407 Avenue X Lubbock, TX 79423
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