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16-Unit Apartment Building

1107 52nd St, Lubbock, TX 79412

For Sale
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The unit mix combines one- and two-bedroom apartments with an efficiency unit.

Property SizeContact for details
Days on Market13

Property Features for 1107 52nd St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 7 x 1BR/1BA, 8 x 2BR/1BA, 1 x efficiency
Multifamily Units 16
Listing Agency: Rowan Properties
Listed By: Jaxton Hoelting · License TX 790742-SA
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 10 at 5:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rowan Properties

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Investment Insights

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This 16-unit apartment property includes seven one-bedroom, one-bath units, eight two-bedroom, one-bath units, and one efficiency. Eight apartments have received renovations and upgrades; the other eight remain available for renovation. The unit mix provides a range of apartment configurations within one property.

Located at 1107 52nd Street in Lubbock, the property sits in a predominantly residential area with nearby retail, dining, and essential services. Area employment centers named in the property information include Texas Tech University and its health sciences programs, Covenant Health System, University Medical Center, and Lubbock Independent School District.

Key Highlights

  • 16 apartments: seven one‑bedroom/one‑bath, eight two‑bedroom/one‑bath, and one efficiency
  • Eight units renovated; eight additional units available for renovation
  • Situated in a predominantly residential area near retail, dining, and essential services

Property Analytics

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Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby

Demographics for 79412, TX

14,834
Population
6,480
Households
2.3
Avg Household Size
34
Median Age
15%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
4,636
Density / Sq Mi
$47,306
Median Household Income
$29,233
Median Earnings
$964
Median Rent
$117,200
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Lubbock, TX

$94.64 Jul
$87.08 Aug
$93.05 Sep
$94.18 Oct

Properties on Market for Apartment buildings in Lubbock

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The unit mix combines one- and two-bedroom apartments with an efficiency unit.
Where is this apartment building located?
The property is located at 1107 52nd St Lubbock, TX.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 16 apartments: seven one‑bedroom/one‑bath, eight two‑bedroom/one‑bath, and one efficiency; Eight units renovated; eight additional units available for renovation; Situated in a predominantly residential area near retail, dining, and essential services
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