Newly Built Duplex with Private
For Sale
$365,000
2005 Corpus Avenue, Wolfforth, TX 79382
Residential Income, Wolfforth, TX
Property Size2,720 SF
Lot Size0.17 Acres
Price / SF$134.19
Days on Market392
Property Features for 2005 Corpus Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 5
Parking features
Driveway
Interior features
Ceiling Fan(s), Granite Counters
Exterior features
Private Yard
Appliances
Dishwasher, Electric Range, Microwave
Elementary school
Upland Heights
Middle school
Frenship
High school
Frenship
Elementary school district
Frenship ISD
Middle school district
Frenship ISD
High school district
Frenship ISD
Subdivision
7
Standard status
Active
APN
R346327
Size
2,720 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
Harvest L 141
Tax Annual Amount
8030
Legal Description
Harvest L 141
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric, Ceiling Fan(s)
Amenities
garage
private yards
Building Details
Year built
2023
Number of units
2
Flooring type
Vinyl
Building materials
Brick
Listing Agency:
AMRR Realty
(806) 642-6488
Listed By:
Jennifer Busbea · License #0614398
(806) 577-7228
Added: Sep 19, 2025
Changed: Oct 2
Last Checked: Oct 15 at 11:06PM
MLS# 202560792
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2023, this duplex contains 2,720 square feet across two residential units on a 0.17-acre lot. Each unit offers three bedrooms, two bathrooms, a garage, an open floor plan, and a private yard. Brick construction, vinyl flooring, granite counters, ceiling fans, and central electric heating and cooling contribute to the property's contemporary design.
The kitchens are equipped with dishwashers, electric ranges, and microwaves. Driveway parking is provided, while each unit's private yard adds dedicated outdoor space. The property is located in Wolfforth and is served by Frenship ISD.
The kitchens are equipped with dishwashers, electric ranges, and microwaves. Driveway parking is provided, while each unit's private yard adds dedicated outdoor space. The property is located in Wolfforth and is served by Frenship ISD.
Key Highlights
- 2,720 square feet across two duplex units
- Built in 2023 on a 0.17‑acre lot
- Each unit has 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,567
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,340
$491.3K
Cap Rate 7%
$350,957
$351.0K
Cap Rate 9%
$272,967
$273.0K
Market Conditions
NOI Build-Up for 2,720 SF
Gross rent
$37.5K $13.80/SF
− Vacancy
−$2.4K −$0.90/SF
EGI
$35.1K $12.90/SF
− OpEx
−$10.5K −$3.87/SF
NOI
$24.6K $9.03/SF
Area
Lubbock County, 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%
$491,340
Cap Rate 7%
$350,957
Cap Rate 9%
$272,967
Alternative Uses
Best Use
Multifamily LT 5
$351.0K
$307.1K – $409.5K
NOI $24,567 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$315.1K
$275.7K – $367.7K
NOI $22,059 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$685.7K
$600.0K – $800.0K
NOI $48,000 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 79382, TX
8,449
Population
3,649
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
92%
High-School Grad
51.1 sq mi
ZIP Area
165
Density / Sq Mi
$80,625
Median Household Income
$47,419
Median Earnings
$1,349
Median Rent
$245,100
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
Frequently Asked Questions
What type of property is this?
Duplex - Modern duplex with open layouts, garages, private outdoor space, and finishes including granite counters and vinyl flooring.
Where is this duplex located?
The property is located at 2005 Corpus Avenue Wolfforth, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 2,720 square feet across two duplex units; Built in 2023 on a 0.17‑acre lot; Each unit has 3 bedrooms and 2 bathrooms
