Lubbock Multifamily Investment
Package Property 3 Lubbock, TX 79415
For Sale
$446,000
MULTI_FAMILY - Other - Lubbock, TX
Property Size5,443 SF
Lot Size0.82 Acres
Price / SF$81.94
Days on Market516
Property Features for Package Property 3
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 15
- Bathrooms
- 8
- Rooms
- Bedroom 7, Bedroom 3, Bedroom 1, Bedroom 12, Bedroom 5, Bathroom 2, Bedroom 8, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 13, Bedroom 10, Bedroom 11, Bathroom 7, Bathroom 10, Bedroom 6, Bathroom 6, Bathroom 5, Bedroom 14, Bedroom 4, Bathroom 8, Bathroom 9, Bedroom 9, Bathroom 1, Bedroom 15
- Parking
- 2
- Parking features
- Carport
- Standard status
- Active
- APN
- R77785, R29059, R89652, R31717, R38567
- Size
- 5,443 SF
- Lot size
- 0.82 Acres
Taxes and HOA fees
- Tax Description
- MADDOX BLK 4 L 19 & 20 WOOD E M BLK 1 L 12 SCALES BLK 1A W45'OF L 4 & E10'OF 5 ELLISTON C D BLK 1 L 13 NELSON HTS BLK 5
- Tax Annual Amount
- 7087
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 2012
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Architectural style
- Other
Listing Agency:
Brick & Loft Realty
(806) 999-0722
Listed By:
Collen Melton · License #0774198
(806) 999-5353
Added: Feb 24, 2025
Changed: Jul 11
Last Checked: Jul 25 at 12:06AM
MLS# 202550908
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 multifamily property in Lubbock, Texas, encompasses a total area of 5443 square feet and is situated on a 0.82-acre lot. Currently, 3 out of 5 units are rented. The pro-forma cap rate is based on 100% occupancy.
Key Highlights
- 3 of 5 units are currently rented
- Pro‑forma cap rate is based on 100% occupancy
- 2012 construction with composition roof and vinyl siding
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Multifamily property in Lubbock, TX with rental income potential.
Where is this apartment building located?
The property is located at Package Property 3 Lubbock, TX.
What is the asking price?
The asking price for this property is $446,000.
What are key features of this property?
This property features: 3 of 5 units are currently rented; Pro‑forma cap rate is based on 100% occupancy; 2012 construction with composition roof and vinyl siding
