Duplex with Private
7801 Avenue X Lubbock, TX 79423
For Sale
$220,000
MULTI_FAMILY - Other - Lubbock, TX
Property Size1,810 SF
Lot Size0.16 Acres
Price / SF$121.55
Days on Market10
Property Features for 7801 Avenue X
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 4
- Parking features
- Driveway, Garage
- Fireplace
- 1
- Standard status
- Active
- APN
- R50333
- Size
- 1,810 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- Oak Park L 156
- Tax Annual Amount
- 2155
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Building materials
- Brick Veneer
- Architectural style
- Other
Listing Agency:
Reside Real Estate Co.
(806) 646-6423
Listed By:
Daniel Hernandez · License #0809570
(806) 500-4003
Added: Jul 15
Changed: Jul 22
Last Checked: Jul 24 at 6:06AM
MLS# 202609713
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 offers two 2-bedroom, 2-bath units with vinyl plank flooring throughout and an open flow from the kitchen into the living room. The property includes a one-car garage and a private backyard.
One side is currently rented for $850 per month. The duplex is described as having convenient access to South Loop 289 and is located near dining and retail options.
The overall property size is listed as 1,810 square feet on a 0.16-acre lot, with the address provided as 7801 Avenue X, Lubbock, TX 79423.
One side is currently rented for $850 per month. The duplex is described as having convenient access to South Loop 289 and is located near dining and retail options.
The overall property size is listed as 1,810 square feet on a 0.16-acre lot, with the address provided as 7801 Avenue X, Lubbock, TX 79423.
Key Highlights
- 1978‑built duplex with brick veneer exterior
- Live‑in or rental setup: one side rented for $850/month
- 2BR/2BA duplex layout
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 | $25.0k | $13.80 |
| − Vacancy | −$1.6k | −$0.90 |
| EGI | $23.4k | $12.90 |
| − OpEx | −$7.0k | −$3.87 |
| NOI | $16.3k | $9.03 |
1,810 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.5K
$204.4K – $272.5K
NOI $16,348 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$209.7K
$183.5K – $244.7K
NOI $14,679 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$456.3K
$399.3K – $532.4K
NOI $31,941 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Each 2-bedroom, 2-bath unit offers an open kitchen-to-living layout, vinyl plank flooring, and a private backyard.
Where is this duplex located?
The property is located at 7801 Avenue X Lubbock, TX.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 1978‑built duplex with brick veneer exterior; Live‑in or rental setup: one side rented for $850/month; 2BR/2BA duplex layout
