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    3-Bedroom Duplex with Leased Unit Title is generated by Realmo AI

    211 36th Street, Lubbock, TX 79404

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    Claim this Listing
    For Sale
    $155,000

    MULTI_FAMILY - Other - Lubbock, TX

    Property size:
    1,500 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $103/SF
    Added:
    Jun 19, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 28 at 1:06 am

    Property Features for 211 36th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 2
    Parking features
    Parking Lot
    Window features
    Blinds
    Patio and Porch features
    Porch, Patio
    Interior features
    Ceiling Fan(s), Formica Counters
    Appliances
    Electric Oven, Refrigerator
    Standard status
    Active
    APN
    R53754
    Size
    1,500 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Description
    PUTTY ROSS BLK 1 L 2B1
    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

    We can help!

    Contact an agent
    Karisa Langley
    Karisa Langley

    Listing agent Karisa Langley License #0698012

    Listing office eXp Realty LLC 5605 N MacArthur Blvd 10th Flr, Austin, TX

    Listing date Jun 19, 2026

    MLS# 202608434 Listing URL

    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 public water and public sewer
    • Each unit features 3 bedrooms and 1 bathroom with an open kitchen/living floor plan
    • One unit is currently leased by a tenant
    • Central heating and central air, plus vinyl flooring and Formica counters
    • Wood siding and a composition roof
    • Includes a porch and patio, with parking lot parking

    Overview

    This duplex includes two separate units, and each side features three bedrooms and one bathroom. Both units offer an open kitchen and living area layout, creating a straightforward, functional floor plan. One of the units is currently leased, providing in-place tenancy at the time of purchase.

    The property is located at 211 36th Street in Lubbock, Texas 79404, sitting on a 0.14-acre lot. The building size is listed as 1,500 square feet, offering a compact configuration suited to investors or landlords looking to manage a small multifamily asset.

    From an ownership perspective, the leased unit can help support rental income from day one, while the second unit provides an additional avenue for occupancy within the same duplex structure. The listing also notes that the property may be purchased separately or as part of a package deal with 209 36th St, which may appeal to buyers seeking to consolidate acquisitions within the same market footprint.

    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
    1,500 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $193.5K
    $169.4K – $225.8K (±1% cap)
    NOI $13,548 @ 7.0% cap · market cap 8.74%
    Second Best
    Apartment 5plus
    $173.8K
    $152.1K – $202.8K (±1% cap)
    NOI $12,165 @ 7.0% cap · market cap 7.85%
    Theoretical Best
    Office A
    $378.2K
    $330.9K – $441.2K (±1% cap)
    NOI $26,471 @ 7.0% cap · market cap 17.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.834671
    Latitude
    33.561411

    FAQs

    What type of property is this?
    Duplex - Two 3BR/1BA units with an open kitchen-living layout, one currently leased for immediate rental occupancy.
    Where is this duplex located?
    The property is located at 211 36th Street Lubbock, TX.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: Duplex built in 2018 with public water and public sewer; Each unit features 3 bedrooms and 1 bathroom with an open kitchen/living floor plan; One unit is currently leased by a tenant
    More about this property
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