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Updated Brick Duplex
For Sale
$150,000

2131 S Loop 289, Lubbock, TX 79423

Two separate two-bedroom units each include a garage, with one currently vacant and the other occupied by a month-to-month tenant.

Property Size1,905 SF
Price / SF$78.74
Days on Market10

Property Features for 2131 S Loop 289

General Information

Standard status Active
Size 1,905 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Building Details

Year Built 1959
Buildings 1
Construction brick
Listing Agency: Keller Williams Realty
Listed By: Steadfast Realty
Source: Steadfast-realty
Added: Oct 24 Changed: Nov 1 Last Checked: Nov 1 at 5:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Rey
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Investment Insights

Based on property information with market context.

This 1,905-square-foot brick duplex, built in 1959, contains two separate units, each with two bedrooms, one bathroom, and its own garage. Both units have new mini-split heating and cooling systems. The roof was recently assessed and is in good condition.

One unit is vacant and has hardwood floors, fresh paint, updated lighting, a refreshed kitchen, and a renovated bathroom. The other is occupied by a long-term, month-to-month tenant and features an updated bathroom. Original hardwood flooring remains beneath its carpet, and cosmetic improvements are possible.

Key Highlights

  • Two 2‑bedroom, 1‑bath units, each with its own garage
  • 1,905 square feet; built in 1959
  • New mini‑split heating and cooling systems in both units

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two separate two-bedroom units each include a garage, with one currently vacant and the other occupied by a month-to-month tenant.
Where is this duplex located?
The property is located at 2131 S Loop 289 Lubbock, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units, each with its own garage; 1,905 square feet; built in 1959; New mini‑split heating and cooling systems in both units
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