912 N Bangor Avenue Lubbock, TX 79416
MULTI_FAMILY - Other - Lubbock, TX
- Added:
- Jul 10, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 10 at 11:06 pm
Property Features for 912 N Bangor Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 2
- Parking features
- Open
- Fencing
- Fenced
- Appliances
- Dishwasher, Electric Range, Refrigerator
- Standard status
- Active
- APN
- R303567
- Size
- 2,732 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- Lynnwood L 71
- Tax Annual Amount
- 4454
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2004
- Flooring type
- Tile, Carpet
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent LaDonna Sanchez License #0841544 (575) 408-1525
Listing office United Realty, LLC 3208 N Grimes, Hobbs, TX (432) 230-3000
Listing date Jul 10, 2026
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.
The property is located in North Lubbock near Texas Tech University, Lubbock Christian University, and area hospitals. It sits on a 0.19-acre lot and totals 2,732 square feet.
Unit A is currently leased at $1,225 per month, with a scheduled move-in date of July 17, 2026. Unit B is leased at $1,199 per month, with a scheduled move-in date of July 15, 2026. Both units are vacant until those dates, providing defined occupancy timelines for the new owner.
Key Highlights
- Lynnwood duplex built in 2004 with brick construction and a composition roof
- Each unit has 3 bedrooms and 3 full bathrooms
- 2‑car rear‑entry garage plus a private fenced backyard for each unit
Local Financial Insights For Apartment 5plus
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 | $42.9k | $15.72 |
| − Vacancy | −$2.7k | −$0.97 |
| EGI | $40.3k | $14.75 |
| − OpEx | −$18.1k | −$6.64 |
| NOI | $22.2k | $8.11 |
