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    Lubbock, TX
    Apartment Building

    Lubbock, TX Apartment Buildings for Sale

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    Found 11 apartment building listings for sale in Lubbock, TX, averaging $98/sq ft. Use valuation data to compare deals faster.
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    5-Unit Apartment Building
    Updated: Oct 28
    5-Unit Apartment Building

    3404 25th Street, Lubbock, TX 79410

    $1,575,000
    11,170 sqft 0.37 AC lot
    Five‑unit apartment complex, built in 2018
    11,170 square feet on 0.37 acres
    Each unit has 4 bedrooms and 4.5 bathrooms
    Balconies and in‑unit washer/dryers and refrigerators
    Granite counters, recessed lighting, walk‑in closets, and storage
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    Seven-Unit Apartment Property
    Updated: Nov 11
    Seven-Unit Apartment Property

    2815 43rd Street, Lubbock, TX 79413

    $495,000
    7,654 sqft 0.53 AC lot
    Seven two‑bedroom, one‑bath units across two buildings
    7,654 square feet on 0.53 acres
    Six of seven units occupied
    Gross rent multiplier of 8.5 on current collections; 7.3 pro forma
    Tenants pay electricity and gas; water is owner‑paid with partial recovery on newer leases
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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    2123 15th Street, Lubbock, TX 79401

    $550,000
    7,768 sqft 0.15 AC lot

    Two-story multifamily property with varied unit layouts and a substantial first-floor shop.

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    See hot listings in Lubbock

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Townhome Community with Rear-Entry Garages
    Townhome Community with Rear-Entry Garages

    26202628 2620-2628 136th St, Lubbock, TX 79423

    $875,000
    6,688 sqft

    Five well-built townhomes include three 2BR/2BA and two 3BR/2BA end units, each with a rear-entry garage.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    1801 38th Street, Lubbock, TX 79412

    $435,000
    5,443 sqft 0.13 AC lot

    Five-unit rental property with carports, central climate control, and a mix of durable flooring and bedroom carpeting.

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    Apartment Building with Shared Kitchens
    Apartment Building with Shared Kitchens

    2310 Date Avenue, Lubbock, TX 79404

    $250,000
    3,720 sqft 0.16 AC lot

    Two-story multifamily property with private units, a manager’s suite, and month-to-month occupancy terms.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Five-Unit Townhome Apartment Building
    Five-Unit Townhome Apartment Building

    2534 137th Street, Lubbock, TX 79423

    $1,100,000
    8,215 sqft 0.32 AC lot

    Contemporary multifamily property with private garages, modern finishes, and access to additional street parking.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    1801 MAIN ST, Lubbock, TX 79401

    Contact for pricing
    9,680 sqft

    Built in 2023, the property combines leased residences with a shared fitness and yoga amenity near Texas Tech University.

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    124-Unit Apartment Community
    124-Unit Apartment Community

    4602 50th Street, Lubbock, TX 79414

    Contact for pricing

    124-unit apartment community in Lubbock, TX, currently about 79% occupied with renovated interiors for 79 units.

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    13-Unit Courtyard Apartment Community
    13-Unit Courtyard Apartment Community

    1610 45th Street, Lubbock, TX 79412

    Contact for pricing

    Updated one-bedroom homes feature ductless mini-split A/C and newer appliances.

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    Renovated Lubbock Apartments For Sale
    Renovated Lubbock Apartments For Sale

    3333 Toledo Ave, Lubbock, TX 79410

    Contact for pricing

    Apartment complex in Lubbock, TX, renovated in 2017.

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    11 active listings match your search: Apartment Building for sale in Lubbock, TX. Based on your search, we've also compiled 18 Potential Opportunities for your consideration: 4 properties in nearby cities and 14 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated 16-Unit Apartment Building
    Renovated 16-Unit Apartment Building

    1712 E 3rd, Big Spring, TX 79720

    $2,600,000
    18,356 sqft 0.89 AC lot

    Central heating and cooling serve a fully occupied multifamily property near Howard College.

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    16-Unit Apartment Building
    16-Unit Apartment Building

    1712 E 3rd, Big Spring, TX 79720

    $2,600,000
    18,356 sqft 0.89 AC lot

    Renovations were completed in 2023, and each apartment has its own air-conditioning and heating unit.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    1305 S 9th Street, Slaton, TX 79364

    $349,000
    3,140 sqft 0.48 AC lot

    Current tenancy is fully occupied, with lease expirations distributed across several years.

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    24-Unit Apartment Community
    24-Unit Apartment Community

    501 Plaza Drive, Slaton, TX 79364

    $1,200,000
    22,368 sqft 0.12 AC lot

    Twelve single-story duplexes provide two-bedroom layouts with washer and dryer connections in every unit.

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    Off-Market Properties in Lubbock, TX

    Consider similar Off-Market properties in Lubbock, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4501 Brownfield Dr
    Multifamily properties

    4501 Brownfield Dr, Lubbock, TX 79410

    Estimated value: by Request
    View details
    1610 45Th St
    Multifamily properties

    1610 45Th St, Lubbock, TX 79412

    Estimated value: by Request
    View details
    7303 Avenue X
    Multifamily properties

    7303 Avenue X, Lubbock, TX 79423

    Estimated value: by Request
    View details
    1301 Colton Ave
    Multifamily properties

    1301 Colton Ave, Lubbock, TX 79416

    Estimated value: by Request
    5,780 sqft
    View details
    1953 82Nd St
    Multifamily properties

    1953 82Nd St, Lubbock, TX 79423

    Estimated value: by Request
    3.82 AC lot
    View details
    9702 Avenue U
    Multifamily properties

    9702 Avenue U, Lubbock, TX 79423

    Estimated value: by Request
    7,587 sqft
    View details
    4602 50Th St
    Multifamily properties

    4602 50Th St, Lubbock, TX 79414

    Estimated value: by Request
    View details
    1101 Englewood Ave
    Multifamily properties

    1101 Englewood Ave, Lubbock, TX 79416

    Estimated value: by Request
    2,890 sqft
    View details
    5833 7Th St
    Multifamily properties

    5833 7Th St, Lubbock, TX 79416

    Estimated value: by Request
    18,400 sqft
    View details
    529 42Nd St
    Multifamily properties

    529 42Nd St, Lubbock, TX 79404

    Estimated value: by Request
    2,976 sqft
    View details
    6505 Avenue Q
    Multifamily properties

    6505 Avenue Q, Lubbock, TX 79412

    Estimated value: by Request
    7,955 sqft 0.41 AC lot
    View details
    5202 Kenosha Ave
    Multifamily properties

    5202 Kenosha Ave, Lubbock, TX 79413

    Estimated value: by Request
    View details
    5720 66Th St
    Multifamily properties

    5720 66Th St, Lubbock, TX 79424

    Estimated value: by Request
    3.41 AC lot
    View details

    Lubbock, TX Apartment Buildings Market Trends and Statistics

    Explore 25 apartment buildings for sale in Lubbock, TX, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 60,338 square feet of properties for sale, with an estimated market value of $5,280,000.

    Sale prices for apartment complexes in Lubbock, TX start at $250,000, averaging $754,285, and reaching up to $1,575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 286K
    Population Growth (5Y) +0.1%
    Median Household Income $66,110
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

    Identify Lubbock submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    79404 $250K
    79412 $435K
    79401 $550K
    79423 $1M
    79410 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Property Tax per SF $22.36 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lubbock County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lubbock County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Lubbock fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Browse Apartment buildings for Sale Near Lubbock, TX

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    Most Searched ZIP Codes in Lubbock, TX

    • 79401
    • 79410
    • 79412
    • 79423
    • 79404
    • 79413
    • 79414

    Featured Lubbock Real Estate Agencies

    Realmo connects you with licensed Lubbock CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    LMAX LP
    4703 S. Loop 289 Lubbock, TX 79424
    Phone: (806) 799-4200
    www.remaxlubbock.com
    Coldwell Banker Trusted Advisors
    4924 S Loop 289 Lubbock, TX 79414
    Phone: (806) 784-3222
    www.cblubbock.com
    McDougal, REALTORS
    5001 W. Loop 289 Lubbock, TX
    Phone: (806) 793-0703
    www.mcdougalrealtors.com
    Why this one?

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