Duplex with Private
For Sale
$365,000
2009 Corpus Avenue, Wolfforth, TX 79382
Residential Income, Wolfforth, TX
Property Size2,507 SF
Lot Size0.17 Acres
Price / SF$145.59
Days on Market393
Property Features for 2009 Corpus Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 1
Parking features
Driveway
Interior features
Ceiling Fan(s), Granite Counters, Pantry
Fencing
Fenced
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
R346329
Size
2,507 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
Harvest L 143
Tax Annual Amount
8630
Legal Description
Harvest L 143
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air, Ceiling Fan(s)
Amenities
garage
private yards
Building Details
Year built
2023
Number of units
2
Flooring type
Vinyl
Building materials
Brick
Roof type
Composition
Architectural style
Other
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 16 at 12:06AM
MLS# 202560789
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.
Built in 2023, this duplex contains two residential units with a combined property size of 2,507 square feet. Each unit offers 3 bedrooms, 2 bathrooms, an open floorplan, a garage, and a private fenced yard. Interior finishes include granite counters, vinyl flooring, ceiling fans, and pantry storage, while appliances include a dishwasher, electric range, and microwave. Central electric heating and cooling serve the units, and the exterior is finished in brick beneath a composition roof.
The property occupies 0.17 acres at 2009 Corpus Avenue in Wolfforth, Texas, within Frenship ISD. Driveway parking is provided, with fencing around the property.
The property occupies 0.17 acres at 2009 Corpus Avenue in Wolfforth, Texas, within Frenship ISD. Driveway parking is provided, with fencing around the property.
Key Highlights
- Duplex built in 2023
- Each unit includes 3 bedrooms and 2 bathrooms
- Combined property size of 2,507 square feet
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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Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two contemporary units in Frenship ISD feature three-bedroom layouts, attached garages, fenced yards, and open living areas.
Where is this duplex located?
The property is located at 2009 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: Duplex built in 2023; Each unit includes 3 bedrooms and 2 bathrooms; Combined property size of 2,507 square feet
