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2021 Duplex with Private Yards
For Sale
$350,000

1915 Langford Avenue, Lubbock, TX 79407

Residential Income, Lubbock, TX

Property Size3,008 SF
Lot Size0.16 Acres
Price / SF$116.36
Days on Market49

Property Features for 1915 Langford Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Multi-Family
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 3, Bedroom 1, Bedroom 6
Parking features Garage, Driveway
Interior features Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Exterior features Private Yard
Appliances Dishwasher, Disposal, Electric Range, Microwave
Lot features City Lot
Elementary school Willow Bend
Middle school Terra Vista
High school Frenship
Elementary school district Frenship ISD
Middle school district Frenship ISD
High school district Frenship ISD
Subdivision 7
Standard status Active
APN R341155
Size 3,008 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description 19th & Mackey L 18
Tax Annual Amount 7208
Legal Description 19th & Mackey L 18

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Amenities

zero-scape landscaping
private backyard

Building Details

Year built 2021
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Brick, Stone
Listing Agency: Keller Williams Realty
Listed By: Dianna L Romans · License #0595636
Added: Sep 10 Changed: Oct 27 Last Checked: Oct 28 at 8:06PM
MLS# 202612605

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2021, this duplex contains 3,008 square feet across two residences. Each side offers 3 bedrooms, 2 bathrooms, open-concept living areas, an eat-in kitchen with granite counters, a kitchen island, pantry, and walk-in closets. Both units also include a 1-car garage, central air, electric heating, and private backyard space with low-maintenance landscaping. Brick and stone construction, vinyl flooring, ceiling fans, and included appliances complete the interiors.

The property is located in Lubbock near Oakridge Elementary, Terra Vista Middle School, and Frenship High School. Unit A is leased for a year, while Unit B is occupied under a month-to-month arrangement. Public water and sewer serve the property, and the 0.16-acre site includes driveway parking and private yards for both residences.

Key Highlights

  • Duplex built in 2021 with 3,008 square feet
  • Each residence includes 3 bedrooms, 2 bathrooms, and a 1‑car garage
  • Unit A has a year‑long lease; Unit B is leased month‑to‑month

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,169
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,380 $543.4K
Cap Rate 7%
$388,129 $388.1K
Cap Rate 9%
$301,878 $301.9K
Market Conditions
NOI Build-Up for 3,008 SF
Gross rent
$41.5K $13.80/SF
− Vacancy
−$2.7K −$0.90/SF
EGI
$38.8K $12.90/SF
− OpEx
−$11.6K −$3.87/SF
NOI
$27.2K $9.03/SF
Area
Lubbock, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,380
Cap Rate 7%
$388,129
Cap Rate 9%
$301,878

Alternative Uses

Best Use
Multifamily LT 5
$388.1K
$339.6K – $452.8K (±1% cap)
NOI $27,169 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$348.5K
$304.9K – $406.6K (±1% cap)
NOI $24,395 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$758.3K
$663.5K – $884.7K (±1% cap)
NOI $53,083 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Storage Facility Garden Center Pet Grooming Service Grocery & Convenience Store Kitchen & Bath Showroom

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 79407, TX

23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two recently built residences offer open-plan interiors, private yards, and individual garages near local schools.
Where is this duplex located?
The property is located at 1915 Langford Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex built in 2021 with 3,008 square feet; Each residence includes 3 bedrooms, 2 bathrooms, and a 1‑car garage; Unit A has a year‑long lease; Unit B is leased month‑to‑month
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