1621 133rd Street Lubbock, TX 79423
MULTI_FAMILY - Other - Lubbock, TX
- Added:
- Feb 6, 2026
- Days on Market:
- 158
- Last Refresh:
- Jul 14 at 7:06 am
Property Features for 1621 133rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 1
- Parking features
- Garage
- Window features
- Double Pane Windows
- Interior features
- Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s)
- Exterior features
- Private Entrance, Private Yard
- Fencing
- Fenced
- Appliances
- Dishwasher, Disposal, Electric Range, Exhaust Fan, Microwave
- Standard status
- Active
- APN
- R337733
- Size
- 3,052 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- Bell Farms L 1126
- Tax Annual Amount
- 7768
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Attic Fan, Electric
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick, Stone Veneer
- Roof type
- Composition
- Architectural style
- Other
Listing agent Kristi Sherrard License #0746574 (806) 441-3613
Listing office WestMark Companies 4105 84th Street, Lubbock, TX (806) 794-6000
Listing date Feb 6, 2026
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.
Key Highlights
- Modern duplex built in 2021 with 3 bedrooms, 2 bathrooms, and a one‑car garage on each side
- Granite counters, high ceilings, recessed lighting, open floorplan, pantry, and walk‑in closets
- Each unit includes a private entrance and a private fenced yard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.1k | $13.80 |
| − Vacancy | −$2.7k | −$0.90 |
| EGI | $39.4k | $12.90 |
| − OpEx | −$11.8k | −$3.87 |
| NOI | $27.6k | $9.03 |
