Two-Unit Residential
New
For Sale
$154,900
1711 66th Street, Lubbock, TX 79412
Residential Income, Lubbock, TX
Property Size1,672 SF
Lot Size0.14 Acres
Price / SF$92.64
Days on Market6
Property Features for 1711 66th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking features
Driveway, Off Street
Window features
Blinds
Interior features
Ceiling Fan(s), Formica Counters, Walk-In Closet(s)
Exterior features
Private Yard
Fencing
Fenced
Appliances
Electric Oven, Refrigerator
Lot features
Near Public Transit
Elementary school
Bayless
Middle school
Atkins
High school
Monterey
Elementary school district
Lubbock ISD
Middle school district
Lubbock ISD
High school district
Lubbock ISD
Subdivision
2
Standard status
Active
APN
R136749
Size
1,672 SF
Lot size
0.14 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
Tarrytown E5' Of L 425 & W50' Of 426
Tax Annual Amount
2626
Legal Description
Tarrytown E5' Of L 425 & W50' Of 426
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1968
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Brick
Roof type
Composition
Buildings
1
Listing Agency:
Duncan Real Estate Co.
(214) 476-8157
Listed By:
Emma De Vries · License #0801368
(806) 999-5737
Added: Nov 1
Changed: Nov 5
Last Checked: Nov 6 at 6:06AM
MLS# 202614863
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.
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Investment Insights
Based on property information with market context.
This 1,672-square-foot brick duplex was built in 1968 on a 0.14-acre lot. It contains two residences, each configured with two bedrooms and one bathroom. Both units are occupied under leases extending through 2027. One side has a fenced private yard, and the property offers driveway and off-street parking.
The property is in Lubbock, approximately 10 minutes from Texas Tech University. A bus route passes by, with shopping, dining, and grocery stores among the nearby services.
The property is in Lubbock, approximately 10 minutes from Texas Tech University. A bus route passes by, with shopping, dining, and grocery stores among the nearby services.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,672 square feet on a 0.14‑acre lot
- Both units occupied under leases through 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,560
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,200
$271.2K
Cap Rate 7%
$193,714
$193.7K
Cap Rate 9%
$150,667
$150.7K
Market Conditions
NOI Build-Up for 1,672 SF
Gross rent
$26.3K $15.72/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$24.7K $14.75/SF
− OpEx
−$11.1K −$6.64/SF
NOI
$13.6K $8.11/SF
Area
Lubbock, TX
Vacancy
6.20%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,200
Cap Rate 7%
$193,714
Cap Rate 9%
$150,667
Alternative Uses
Best Use
Multifamily LT 5
$215.7K
$188.8K – $251.7K
NOI $15,102 @ 7.0% cap · market cap 9.75%
Second Best
Apartment 5plus
$193.7K
$169.5K – $226.0K
NOI $13,560 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$421.5K
$368.8K – $491.8K
NOI $29,506 @ 7.0% cap · market cap 19.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased through 2027, with a fenced yard serving one unit.
Where is this duplex located?
The property is located at 1711 66th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,672 square feet on a 0.14‑acre lot; Both units occupied under leases through 2027
