2620-2628 136th Street Lubbock, TX 79423
MULTI_FAMILY - Lubbock, TX
Property Features for 2620-2628 136th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 12
- Bathrooms
- 10
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 10, Bedroom 6, Bedroom 1, Bathroom 7, Bedroom 8, Bathroom 4, Bedroom 7, Bedroom 9, Bathroom 10, Bedroom 3, Bathroom 8, Bedroom 11, Bathroom 3, Bedroom 5, Bedroom 12, Bathroom 5, Bathroom 9, Bathroom 6, Bathroom 1, Bathroom 2
- Parking features
- Alley, Open, Garage
- Window features
- Blinds, Screens
- Patio and Porch features
- Patio, Porch
- Interior features
- Ceiling Fan(s), Double Vanity, Granite Counters, Open Floorplan, Pantry
- Exterior features
- Private Entrance, Private Yard
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator
- Standard status
- Active
- APN
- R339788, R339789, R339790, R339791, R339792
- Size
- 6,688 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Description
- Viridian L 178, L 179, L 180, L 181, L 182
- Tax Annual Amount
- 3886
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 5
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Brick
- Roof type
- Composition
Listing agent Beth Wylie License #0777416 (405) 435-1534
Listing office Aycock Realty Group, LLC 3911 98th Street, Ste 200, Lubbock, TX (806) 778-5956
Listing date Jun 26, 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.
Investment Insights
Based on property information with market context.
The property is located across from Lubbock Cooper East Elementary, which includes a park and playground. The homes are described as very well-managed and are positioned to remain leased, with several tenants having lived there for more than two years.
Key Highlights
- Brick townhome community built in 2022 with private yards and private entrances
- Unit mix: three 2‑bed/2‑bath units and two 3‑bed/2‑bath end units
- All units have rear‑entry garages and are designed with an open floorplan
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 | $105.1k | $15.72 |
| − Vacancy | −$6.5k | −$0.97 |
| EGI | $98.6k | $14.75 |
| − OpEx | −$44.4k | −$6.64 |
| NOI | $54.2k | $8.11 |
