Lubbock Multifamily Investment
1510 29th Place, Lubbock, TX 79411
MULTI_FAMILY - Lubbock, TX
Property size:
6,630 SFLot size:
0.48 AcresPrice / SF:
$79/SF- Added:
- Mar 9, 2026
- Days on Market:
- 85
- Last Refresh:
- Jun 1 at 10:06 pm
Property Features for 1510 29th Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bedroom 12, Bedroom 8, Bathroom 5, Bedroom 14, Bathroom 7, Bathroom 3, Bathroom 8, Bathroom 4, Bedroom 4, Bedroom 15, Bedroom 6, Bedroom 9, Bedroom 5, Bedroom 16, Bedroom 10, Bedroom 1, Bathroom 2, Bedroom 13, Bathroom 1, Bathroom 6, Bedroom 7, Bedroom 11, Bedroom 2
- Parking features
- Parking Lot, Driveway
- 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
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Roof type
- Composition
Listing agent Tomas Rodriguez License #0787075 (361) 816-3661
Listing office Southern Magnolia Real Estate 3204 140th St, Lubbock, TX (806) 773-4092
Listing date Mar 9, 2026
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.
HighLights
- 8‑unit multifamily property in a central Lubbock location.
- Value‑add opportunity to achieve market rents of $750-$875 per unit.
- Strong rental demand due to proximity to Texas Tech University, University Medical Center, and Leprino Foods.
- All units are 2‑bedroom, 1‑bath, a desirable floor plan.
- Potential gross monthly income of approximately $7,000 when fully optimized.
- Convenient access to major employers and education centers.
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.851715
- Latitude
- 33.56781
Nearby Similar for Sale
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 in a central Lubbock location.; Value‑add opportunity to achieve market rents of $750-$875 per unit.; Strong rental demand due to proximity to Texas Tech University, University Medical Center, and Leprino Foods.
