Newly Built Duplex with Private
2006 Corpus Avenue, Wolfforth, TX 79382
For Sale
$365,000
Residential Income, Wolfforth, TX
Property Size2,507 SF
Lot Size0.19 Acres
Price / SF$145.59
Days on Market418
Property Features for 2006 Corpus Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Exterior features
Fencing
Appliances
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Flooring type
Building materials
Listing Agency:
AMRR Realty
(806) 642-6488
Listed By:
Jennifer Busbea · License TX #0614398
(806) 577-7228
Added: Sep 19, 2025
Changed: Oct 30
Last Checked: Nov 10 at 10:06PM
MLS# 202560791
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 2,507-square-foot duplex, built in 2023, includes two residential units with a consistent three-bedroom, two-bathroom configuration. Each unit has an open floorplan, garage, fenced private yard, granite counters, ceiling fans, vinyl flooring, and brick construction. Kitchens are equipped with a dishwasher, electric range, and microwave, while central electric heating and central air provide climate control.
The property occupies 0.19 acres at 2006 Corpus Avenue in Wolfforth, Texas, within Frenship ISD. Driveway parking is provided, and each residence includes three bedrooms and two bathrooms for a total of six bedrooms and four bathrooms across the duplex.
The property occupies 0.19 acres at 2006 Corpus Avenue in Wolfforth, Texas, within Frenship ISD. Driveway parking is provided, and each residence includes three bedrooms and two bathrooms for a total of six bedrooms and four bathrooms across the duplex.
Key Highlights
- 2,507‑square‑foot duplex on 0.19 acres
- Built in 2023
- Each unit has 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,643
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,860
$452.9K
Cap Rate 7%
$323,471
$323.5K
Cap Rate 9%
$251,589
$251.6K
Market Conditions
NOI Build-Up for 2,507 SF
Gross rent
$34.6K $13.80/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$32.3K $12.90/SF
− OpEx
−$9.7K −$3.87/SF
NOI
$22.6K $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%
$452,860
Cap Rate 7%
$323,471
Cap Rate 9%
$251,589
Alternative Uses
Best Use
Multifamily LT 5
$323.5K
$283.0K – $377.4K
NOI $22,643 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$290.5K
$254.2K – $338.9K
NOI $20,332 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$632.0K
$553.0K – $737.4K
NOI $44,242 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with authorities.
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Trade Area within ½ mile
20
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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
$245,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Wolfforth, TX
Properties on Market for Duplexes in Wolfforth
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property in Frenship ISD with open layouts, private yards, and garages.
Where is this duplex located?
The property is located at 2006 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: 2,507‑square‑foot duplex on 0.19 acres; Built in 2023; Each unit has 3 bedrooms and 2 bathrooms
