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Newly Built Duplex with Private Yards
For Sale
$365,000

2010 Corpus Avenue, Wolfforth, TX 79382

Residential Income, Wolfforth, TX

Property Size2,507 SF
Lot Size0.18 Acres
Price / SF$145.59
Days on Market392

Property Features for 2010 Corpus Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 4
Parking features Garage
Interior features Ceiling Fan(s), Granite Counters, Pantry
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 R346320
Size 2,507 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description Harvest L 134
Tax Annual Amount 8630
Legal Description Harvest L 134

Utilities

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

Building Details

Year built 2023
Number of units 2
Flooring type Vinyl
Building materials Brick
Listing Agency: AMRR Realty
Listed By: Jennifer Busbea · License #0614398
Added: Sep 19, 2025 Changed: Oct 9 Last Checked: Oct 15 at 11:06PM
MLS# 202560790

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.

Completed in 2023, this duplex contains two modern residential units totaling 2,507 square feet. Each unit features three bedrooms, two bathrooms, an open floor plan, a garage, and a private yard. Interior finishes include granite counters, vinyl flooring, ceiling fans, and pantry storage, with central electric heating and cooling. Kitchens are equipped with a dishwasher, electric range, and microwave, while brick construction provides a durable exterior finish.

The property is located in Wolfforth, Texas, within Frenship ISD and Lubbock County. Its residential configuration, separate private yards, and garage parking support a two-unit rental format.

Key Highlights

  • Two‑unit duplex with 2,507 square feet
  • Each unit has 3 bedrooms and 2 bathrooms
  • Built in 2023

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 (±1% cap)
NOI $22,643 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$290.5K
$254.2K – $338.9K (±1% cap)
NOI $20,332 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$632.0K
$553.0K – $737.4K (±1% cap)
NOI $44,242 @ 7.0% cap · market cap 12.12%
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 Real Estate Agency HVAC Service Auto Parts Store Electrical Service Storage Facility Hair Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

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

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

Frequently Asked Questions

What type of property is this?
Duplex - Modern two-unit property with garages, open layouts, and private outdoor areas in Frenship ISD.
Where is this duplex located?
The property is located at 2010 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: Two‑unit duplex with 2,507 square feet; Each unit has 3 bedrooms and 2 bathrooms; Built in 2023
More about this property
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