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Five-Unit Apartment Building
New
For Sale
$435,000

1801 38th Street, Lubbock, TX 79412

Residential Income, Lubbock, TX

Property Size5,443 SF
Lot Size0.13 Acres
Price / SF$79.92
Days on Market3

Property Features for 1801 38th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 15
Bathrooms 8
Full bathrooms 5
Half bathrooms 5
Rooms Bathroom 2, Bedroom 5, Bathroom 5, Bathroom 1, Bedroom 12, Bathroom 6, Bedroom 10, Bedroom 11, Bedroom 15, Bathroom 3, Bedroom 1, Bedroom 7, Bathroom 10, Bedroom 3, Bedroom 13, Bathroom 8, Bedroom 8, Bedroom 9, Bedroom 6, Bedroom 4, Bathroom 7, Bathroom 9, Bedroom 2, Bedroom 14, Bathroom 4
Parking features Carport
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Subdivision 2
Standard status Active
APN R313644
Size 5,443 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Description Southport Blk 1 L 5A
Legal Description Southport Blk 1 L 5A

Utilities

Heating system Central
Cooling system Central Air, Ceiling Fan(s)

Amenities

carports

Building Details

Year built 2006
Building materials Vinyl Siding
Roof type Composition
Architectural style Other
Listing Agency: Brick & Loft Realty
Listed By: Travis Turner · License #0660475
Added: Aug 31 Last Checked: Sep 2 at 12:06AM
MLS# 202612122

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 2006 apartment property contains five units across 5,443 square feet on a 0.13-acre parcel. The buildings feature vinyl siding, composition roofing, central heating, central air, ceiling fans, and carport parking. Interiors include open-plan layouts, tile or vinyl flooring, and carpeted bedrooms in some units.

Four of the five units are occupied, and professional management is provided by True Asset Property Management. The property is located at 1801 38th Street in Lubbock, Texas, with a configuration that includes 15 bedrooms and 10 bathrooms overall.

Key Highlights

  • Five‑unit apartment property with 5,443 square feet
  • Four of five units occupied
  • Built in 2006 on a 0.13‑acre parcel

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Parking Lot & Garage

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

Lease Details

5
Residential units
80%
Occupancy

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Five-unit rental property with carports, central climate control, and a mix of durable flooring and bedroom carpeting.
Where is this apartment building located?
The property is located at 1801 38th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Five‑unit apartment property with 5,443 square feet; Four of five units occupied; Built in 2006 on a 0.13‑acre parcel
More about this property
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