Lubbock Multifamily Investment
1510 29th Place Lubbock, TX 79411
1510 29th Place, Lubbock, TX, 79411
$525,000
For Sale
$525,000
MULTI_FAMILY - Lubbock, TX
Property Size6,630 SF
Lot Size0.48 Acres
Price / SF$79.19
Days on Market131
Property Features for 1510 29th Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 8
- Rooms
- Bedroom 9, Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 15, Bedroom 10, Bedroom 16, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 7, Bathroom 2, Bedroom 12, Bedroom 8, Bedroom 6, Bedroom 3, Bedroom 13, Bedroom 14, Bathroom 8, Bathroom 1, Bathroom 6, Bedroom 11, Bathroom 7, Bedroom 4
- Parking features
- Driveway, Parking Lot
- Standard status
- Active
- APN
- R57890
- Size
- 6,630 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Description
- ROBINSON JIM BLK 8 L 20 & 21
- Tax Annual Amount
- 2760
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
Building Details
- Year built
- 1960
- Floors in Building
- 1
- 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: Mar 9 Checked: Jul 17 at 11:06 am
MLS# 202603063
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.
This 8-unit multifamily community is located in a centrally located Lubbock neighborhood near 34th Street & Avenue Q. Each unit features a 2-bedroom, 1-bath floor plan. The property is located minutes from major employment and education centers, including Texas Tech University (6 minutes), University Medical Center (10 minutes), and Leprino Foods Company (10 minutes). The property has value-add potential through capital improvements. The property is an excellent opportunity to acquire an 8-unit multifamily community. The property is situated on a lot of 0.48 acres and the building size is 6,630 square feet. The property is intended for use as a residential income property.
Key Highlights
- 8‑unit multifamily property; each unit has a 2‑bedroom, 1‑bath floor plan
- Market rents for similar 2BR/1BA units reported at $750–$875 per month
- Potential fully optimized gross income of approximately $7,000/month
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 8-unit multifamily property in central Lubbock near major employers.
Where is this apartment building located?
The property is located at 1510 29th Place Lubbock, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 8‑unit multifamily property; each unit has a 2‑bedroom, 1‑bath floor plan; Market rents for similar 2BR/1BA units reported at $750–$875 per month; Potential fully optimized gross income of approximately $7,000/month
