Two Single Family Homes
For Sale
$145,000
2444 E 30th Street, Lubbock, TX 79404
Residential Income, Lubbock, TX
Property Size1,420 SF
Lot Size0.15 Acres
Price / SF$102.11
Days on Market513
Property Features for 2444 E 30th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Single Family
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2
Parking features
Driveway, Carport
Window features
Wood Frames
Patio and Porch features
Porch
Fencing
Chain Link, Perimeter
Fireplace
1
Elementary school district
Lubbock ISD
Middle school district
Lubbock ISD
High school district
Lubbock ISD
Subdivision
2
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
Legal Description
Manhattan Hts L 219
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s), Ceiling Fan(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
(806) 438-1761
Listed By:
Sandra Davis · License #0697450
(806) 283-5785
Added: May 21, 2025
Changed: Oct 9
Last Checked: Oct 15 at 8:06PM
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.
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,516
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,320
$230.3K
Cap Rate 7%
$164,514
$164.5K
Cap Rate 9%
$127,956
$128.0K
Market Conditions
NOI Build-Up for 1,420 SF
Gross rent
$22.3K $15.72/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$20.9K $14.75/SF
− OpEx
−$9.4K −$6.64/SF
NOI
$11.5K $8.11/SF
Area
Lubbock, TX
Vacancy
6.20%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,320
Cap Rate 7%
$164,514
Cap Rate 9%
$127,956
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 79404, TX
9,956
Population
4,289
Households
2.3
Avg Household Size
38
Median Age
13%
College-Educated
73%
High-School Grad
28.5 sq mi
ZIP Area
349
Density / Sq Mi
$48,642
Median Household Income
$30,654
Median Earnings
$958
Median Rent
$86,300
Median Home Value
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Frequently Asked Questions
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
