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13510 Indiana Ave, Lubbock, TX 79423

Brand-new 204-unit complex built in 2023, featuring one- and two-story brick and stucco buildings and in-unit laundry.

Property SizeContact for details
Days on Market124

Property Features for 13510 Indiana Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Coldwell Banker Commercial Capital Advisors
Listed By: Chase Tucker · License #631170
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 7:08AM

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 Coldwell Banker Commercial Capital Advisors

Investment Insights

Based on property information with market context.

Aura Modern Living Apartments is a 204-unit apartment community built in 2023. The property features one- and two-story brick and stucco buildings and offers units with spacious kitchens, granite countertops, dishwasher and disposal, vinyl flooring, and in-unit washer/dryer, along with yard space. Community amenities include a fitness center, pet play area, and a pool.

The community is located in south Lubbock, Texas and sits on 11.27 acres. The property is currently in the lease-up phase, with 84 units remaining for certificate of occupancy (CO); the seller will have the CO on all 204 units within a couple months from now, and the completed product will be delivered by closing.

This is a completed, brand-new multifamily offering with 204 units across a single community configuration of one- and two-story buildings.

Key Highlights

  • 204‑unit modern apartment community in south Lubbock, TX, built in 2023 on 11.27 acres
  • Brick and stucco buildings with one- and two‑story floor plans
  • In‑unit amenities include washer/dryer, dishwasher and disposal, granite countertops, and vinyl flooring

Property Analytics

Current Use

135Indiana Apartment Building Aura Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Shopping Center & Mall Dental Office Car Rental Facility Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,233
Businesses Nearby

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brand-new 204-unit complex built in 2023, featuring one- and two-story brick and stucco buildings and in-unit laundry.
Where is this apartment building located?
The property is located at 13510 Indiana Ave Lubbock, TX.
What are key features of this property?
This property features: 204‑unit modern apartment community in south Lubbock, TX, built in 2023 on 11.27 acres; Brick and stucco buildings with one- and two‑story floor plans; In‑unit amenities include washer/dryer, dishwasher and disposal, granite countertops, and vinyl flooring
(806) 470-4988 Call to check price and availability
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