2114 N Avenue K, Lubbock, TX 79403
MULTI_FAMILY - Lubbock, TX
- Added:
- Jan 21, 2026
- Days on Market:
- 154
- Last Refresh:
- Jun 24 at 8:06 am
Property Features for 2114 N Avenue K
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 1
- Parking features
- Driveway, Garage
- Interior features
- Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry
- Appliances
- Dishwasher, Electric Range, Microwave
- Standard status
- Active
- APN
- R341864
- Size
- 2,708 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- Cypress Grove L 198
- Tax Annual Amount
- 6032
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2022
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing agent Collen Melton License #0774198 (806) 999-5353
Listing office Brick & Loft Realty 9607 Milwaukee Ave, Lubbock, TX (806) 999-0722
Listing date Jan 21, 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
- Multi‑family home built in 2022 with brick exterior
- 6 bedrooms and 4 full bathrooms with approximately 2,708 sq ft of living space
- Central heating and central air conditioning
- Open floor plan with granite counters, pantry, and high ceilings
- Includes dishwasher, electric range, and microwave
- Attached garage plus driveway parking; public water and public sewer
Overview
Located in North Lubbock within the 79403 area, the property is positioned in an established part of town and described as being minutes from local shopping, dining, schools, and major roadways. The combination of modern construction and low-maintenance exterior is intended to support day-to-day ease for residents and operators.
For tenants, the unit configuration emphasizes multiple bedrooms and full baths to accommodate different household setups. For buyers, the property’s size and bedroom/bath count provide a straightforward platform for rental or shared living use. With the attached garage and durable brick exterior, the home is designed for practical utility while remaining adaptable to changing occupancy needs.
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 | $37.4k | $13.80 |
| − Vacancy | −$2.4k | −$0.90 |
| EGI | $34.9k | $12.90 |
| − OpEx | −$10.5k | −$3.87 |
| NOI | $24.5k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.848092
- Latitude
- 33.622198
