Two Single Family Homes
2444 E 30th Street Lubbock, TX 79404
2444 E 30th Street, Lubbock, TX, 79404
$145,000
For Sale
$145,000
MULTI_FAMILY - Other - Lubbock, TX
Property Size1,420 SF
Lot Size0.15 Acres
Price / SF$102.11
Days on Market428
Property Features for 2444 E 30th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
- Parking features
- Driveway, Carport
- Window features
- Wood Frames
- Patio and Porch features
- Porch
- Fencing
- Perimeter, Chain Link
- Fireplace
- 1
- Standard status
- Active
- APN
- R90557
- Size
- 1,420 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- Manhattan Hts L 219
- Tax Annual Amount
- 1129
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Ceiling Fan(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Flooring type
- Laminate, Tile
- Building materials
- Vinyl Siding
- Architectural style
- Other
Listing agency
Our Texas Real Estate Group
(512) 375-2380
Listed by
Sandra Davis · License #0697450
(806) 283-5785
Added: May 21, 2025 Updated: Jul 11 at 1:37PM Checked: Jul 22 at 6:06PM
MLS# 202555339
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 package property deal features two single-family homes, offering a lucrative investment opportunity in a growing real estate market. The combined price for both homes is $167,999. The properties are situated in quiet and coveted areas within their community, presenting an unbeatable offer with limitless potential. One possible use is a mother-in-law suite or home. The property at 2444 E 30th Street, Lubbock, TX 79404, has a property size of 1420 square feet and a lot size of 0.15 acres.
Key Highlights
- Built in 1962 with vinyl siding
- Features 3 bedrooms and 2 bathrooms
- Multiple flooring types including laminate and tile
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 | $22.3k | $15.72 |
| − Vacancy | −$1.4k | −$0.97 |
| EGI | $20.9k | $14.75 |
| − OpEx | −$9.4k | −$6.64 |
| NOI | $11.5k | $8.11 |
1,420 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$164.5K
$144.0K – $191.9K
NOI $11,516 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$358.0K
$313.2K – $417.7K
NOI $25,059 @ 7.0% cap · market cap 17.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Two single-family homes for sale in Lubbock, Texas.
Where is this single family property located?
The property is located at 2444 E 30th 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: Built in 1962 with vinyl siding; Features 3 bedrooms and 2 bathrooms; Multiple flooring types including laminate and tile
