Leased Duplex with 3BR
211 36th Street Lubbock, TX 79404
211 36th Street, Lubbock, TX, 79404
$145,000
For Sale
$145,000
MULTI_FAMILY - Other - Lubbock, TX
Property Size1,500 SF
Lot Size0.14 Acres
Price / SF$96.67
Days on Market30
Property Features for 211 36th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4
- 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
- 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
Listing Agency
eXp Realty LLC
(888) 519-7431
5605 N MacArthur Blvd 10th Flr, Austin, TX
Listed by
Karisa Langley · License #0698012
(806) 781-7054
Added: Jun 19 Checked: Jul 18 at 9:06 am
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.
Investment Insights
Based on property information with market context.
This for-sale duplex features two separate residential units, with both units currently leased. Each unit includes three bedrooms and one bathroom, plus an open floor plan kitchen and living area. The property is positioned as an income-producing option for buyers seeking an immediately occupied structure.
The duplex is located at 211 36th Street in Lubbock, TX 79404. The lot size is listed at 0.14 acres, and the total property size is identified as 1,500 square feet.
From a tenant or operator standpoint, the configuration supports consistent unit layouts across both sides, with the same three-bedroom, one-bath plan and an open kitchen/living arrangement. For buyers evaluating acquisition strategies, the listing notes the property can be purchased separately or as part of a package deal that includes 209 36th St. Interested parties should verify all details, including unit conditions and lease terms, during due diligence.
The duplex is located at 211 36th Street in Lubbock, TX 79404. The lot size is listed at 0.14 acres, and the total property size is identified as 1,500 square feet.
From a tenant or operator standpoint, the configuration supports consistent unit layouts across both sides, with the same three-bedroom, one-bath plan and an open kitchen/living arrangement. For buyers evaluating acquisition strategies, the listing notes the property can be purchased separately or as part of a package deal that includes 209 36th St. Interested parties should verify all details, including unit conditions and lease terms, during due diligence.
Key Highlights
- Duplex built in 2018 with both units currently leased
- Each unit features 3 bedrooms and 1 bathroom with an open floor plan kitchen/living area
- Central heating and central air conditioning
Local Financial Insights For Apartment 5plus
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 | $23.6k | $15.72 |
| − Vacancy | −$1.5k | −$0.97 |
| EGI | $22.1k | $14.75 |
| − OpEx | −$10.0k | −$6.64 |
| NOI | $12.2k | $8.11 |
1,500 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$193.5K
$169.4K – $225.8K
NOI $13,548 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$173.8K
$152.1K – $202.8K
NOI $12,165 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$378.2K
$330.9K – $441.2K
NOI $26,471 @ 7.0% cap · market cap 18.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two leased units, each offering three bedrooms and an open kitchen/living layout.
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 $145,000.
What are key features of this property?
This property features: Duplex built in 2018 with both units currently leased; Each unit features 3 bedrooms and 1 bathroom with an open floor plan kitchen/living area; Central heating and central air conditioning
