Turnkey Duplex Investment
9801 Uvalde Avenue Lubbock, TX 79423
9801 Uvalde Avenue, Lubbock, TX, 79423
$377,250
For Sale
$377,250
MULTI_FAMILY - Lubbock, TX
Property Size2,949 SF
Lot Size0.18 Acres
Price / SF$127.92
Days on Market106
Property Features for 9801 Uvalde Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4
- Parking features
- Garage
- Standard status
- Active
- APN
- R328172
- Size
- 2,949 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- Fox Ridge L 344
- Tax Annual Amount
- 7635
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2016
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Southern Magnolia Real Estate
(806) 773-4092
3204 140th St, Lubbock, TX
Listed by
Tomas Rodriguez · License #0787075
(361) 816-3661
Added: Apr 3 Checked: Jul 17 at 1:06 pm
MLS# 202604968
Listing URL
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.
Located on a quiet cul-de-sac block, this turnkey duplex presents an exceptional investment opportunity. The well-maintained property is ideal for investors seeking immediate cash flow, with both units currently occupied by tenants. Unit A features 2 bedrooms, 2 bathrooms, and a 2-car garage. Unit B offers 3 bedrooms, 2 bathrooms, and a 2-car garage. The property includes spacious layouts with functional floor plans and attached garages for each unit. Situated on a low-traffic cul-de-sac, the property offers privacy and appeal to tenants. This is an opportunity to acquire a stable, income-producing property with built-in tenant retention. The property size is 2949 square feet and the lot size is 0.18 acres.
Key Highlights
- Turnkey duplex investment with both units currently occupied by tenants
- Unit A offers 2 bedrooms, 2 bathrooms, and a 2‑car garage
- Unit B offers 3 bedrooms, 2 bathrooms, and a 2‑car garage
Local 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 | $40.7k | $13.80 |
| − Vacancy | −$2.6k | −$0.90 |
| EGI | $38.1k | $12.90 |
| − OpEx | −$11.4k | −$3.87 |
| NOI | $26.6k | $9.03 |
2,949 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.5K
$333.0K – $443.9K
NOI $26,636 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$341.7K
$299.0K – $398.6K
NOI $23,916 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$743.5K
$650.5K – $867.4K
NOI $52,042 @ 7.0% cap · market cap 13.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex perfect for investors seeking immediate cash flow.
Where is this duplex located?
The property is located at 9801 Uvalde Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $377,250.
What are key features of this property?
This property features: Turnkey duplex investment with both units currently occupied by tenants; Unit A offers 2 bedrooms, 2 bathrooms, and a 2‑car garage; Unit B offers 3 bedrooms, 2 bathrooms, and a 2‑car garage
