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    Package Property Lubbock, TX 79411

    For Sale
    $650,000

    MULTI_FAMILY - Lubbock, TX

    Days on Market:
    67
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for Package Property

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 4, Bathroom 8, Bedroom 6, Bedroom 8, Bedroom 15, Bathroom 2, Bedroom 11, Bedroom 5, Bedroom 12, Bedroom 3, Bathroom 1, Bathroom 6, Bedroom 7, Bathroom 9, Bathroom 5, Bedroom 13, Bedroom 14, Bedroom 10, Bathroom 4, Bedroom 2, Bathroom 3, Bathroom 7, Bedroom 9
    Bedrooms
    15
    Bathrooms
    9
    APN
    R115605
    Parking features
    Driveway, Carport
    Patio and Porch features
    Porch, Patio
    Fencing
    Chain Link, Fenced
    Fireplace
    1

    Utilities

    Heating system
    Fireplace(s), Wall Furnace, Central
    Cooling system
    Window Unit(s), Ceiling Fan(s), Wall/Window Unit(s), Central Air

    Building Details

    Year built
    1929
    Number of units
    4
    Flooring type
    Hardwood, Combination
    Roof type
    Composition
    Additional Structures
    Storage

    Keller Williams Realty (806) 771-7710 [email protected]

    Listing agent Rex Andrews (806) 777-6556 License #0663823

    Listing date Sep 30, 2025

    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

    Multifamily Investment Near Texas Tech

    This real estate package includes four properties near Texas Tech University, suitable for investors and homeowners. The properties can be purchased individually or as a package. 1914 15th St features two bedrooms and one bathroom and is currently under a month-to-month rental agreement. 1924 14th St includes three bedrooms and one bathroom and is leased through 2027. 2320 21st St is a duplex with a total of five bedrooms and three bathrooms. The front duplex has two bedrooms and one bathroom, the side duplex has two bedrooms and one bathroom, and the back house has one bedroom and one bathroom; this property is not currently leased. 2323 20th St contains five bedrooms and three bathrooms, with four bedrooms and two bathrooms in the front house and one bedroom and one bathroom in the garage apartment. This property sits on lots 10, 11, and 12. All properties have fully equipped kitchens and are located within a short distance of Texas Tech University, making them suitable for student housing or rental investments. The properties are being sold as is.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.859676
    Latitude
    33.568144

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    FAQs

    What type of property is this?
    Multifamily property - Four properties near Texas Tech, offering diverse rental opportunities.
    Where is this multifamily property located?
    The property is located at Package Property Lubbock, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Package of four properties near Texas Tech University, ideal for investors or homeowners.; - Diverse rental opportunities: long-term lease, month-to-month, and vacant units.; - A total of 15 bedrooms and 9 bathrooms across all properties.
    (806) 777-6556
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    Package Property Lubbock, TX 79411
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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
    Package Property Lubbock, TX 79411
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