209 36th Street, Lubbock, TX 79404
MULTI_FAMILY - Other - Lubbock, TX
- Added:
- Jun 19, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 28 at 1:06 am
Property Features for 209 36th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 1, Bathroom 2
- Parking features
- Parking Lot
- Window features
- Blinds
- Patio and Porch features
- Patio, Porch
- Interior features
- Ceiling Fan(s), Formica Counters
- Appliances
- Electric Oven, Refrigerator
- Standard status
- Active
- APN
- R53705
- Size
- 1,500 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- PUTTY ROSS BLK 1 L 2A1
- Tax Annual Amount
- 3384
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2018
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Wood Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Karisa Langley License #0698012 (806) 781-7054
Listing office eXp Realty LLC 5605 N MacArthur Blvd 10th Flr, Austin, TX (888) 519-7431
Listing date Jun 19, 2026
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.
HighLights
- Duplex built in 2018 with both units featuring 3 bedrooms and 1 bathroom
- One unit is currently leased by a long‑term tenant
- Open floor plan kitchen/living area in each unit
- Central heating and central air for the property
- Public water and public sewer connected
- Parking lot plus patio and porch
Overview
The property is located at 209 36th Street in Lubbock, TX 79404. The listed offering notes the opportunity to acquire this duplex either as a standalone purchase or as part of a package deal that includes 211 36th St.
For investors seeking a residential income property with existing rental coverage, this duplex offers a simple two-unit structure and consistent unit mix across the building. For owner-occupants or buyers planning to manage the units after closing, the matching 3-bedroom, 1-bath design can make operations more uniform while retaining flexibility around how both sides of the duplex are occupied over time.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.7k | $13.80 |
| − Vacancy | −$1.3k | −$0.90 |
| EGI | $19.4k | $12.90 |
| − OpEx | −$5.8k | −$3.87 |
| NOI | $13.5k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.837221
- Latitude
- 33.56161
