217 36th Street, Lubbock, TX 79404
MULTI_FAMILY - Other - Lubbock, TX
- Added:
- Jan 20, 2026
- Days on Market:
- 150
- Last Refresh:
- Jun 19 at 4:06 am
Property Features for 217 36th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2
- Security features
- Security System
- Window features
- Double Pane Windows, Blinds
- Interior features
- Ceiling Fan(s)
- Standard status
- Active
- APN
- R53807
- Size
- 1,500 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- Putty Ross BLK 1 L 3A
- Tax Annual Amount
- 1975
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2018
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Board & Batten Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Kyle Watts License #0505515 (806) 239-6441
Listing office Legendary Dreams Realty, Inc. 7207 N CR 1440, Shallowater, TX (806) 239-6441
Listing date Jan 20, 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
- Units A & B are currently rented for $950/mo
- Can be purchased as a package deal with the seller’s other units at 215 36th A&B and 326 37th A&B
- Built in 2018 with board‑and‑batten siding
- Central electric heating and central air conditioning with ceiling fans
- Laminate flooring throughout
- Public water and public sewer; composition roof
Overview
The property is located at 217 36th Street in Lubbock, Texas (79404). The listing also indicates it may be purchased together with two additional units owned by the same seller: 215 36th A&B and 326 37th A&B. Those additional addresses are offered as a package deal when applicable.
For tenants seeking a rental duplex, the current configuration supports two separate households under one ownership structure. For buyers or investors, the property is being marketed specifically as a residential income holding with existing in-place rents for both units. The option to acquire this duplex alongside the seller’s two other unit sets may appeal to buyers looking to expand a small residential rental portfolio through a single transaction.
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
- -101.837789
- Latitude
- 33.561639
