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Renovated Duplex with Tenants
New
For Sale
$160,000

3002 1st Place, Lubbock, TX 79415

Residential Income, Lubbock, TX

Property Size1,975 SF
Lot Size0.15 Acres
Price / SF$81.01
Days on Market2

Property Features for 3002 1st Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 3
Parking features On Street
Interior features Open Floorplan
Elementary school Mcwhorter
Middle school Cavazos
High school Lubbock
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Directions Google maps will get you there.
Subdivision 4
Standard status Active
APN R50348
Size 1,975 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description Maddox Blk 18 L 10 & 11
Tax Annual Amount 2522
Legal Description Maddox Blk 18 L 10 & 11

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1938
Building materials Adobe
Roof type Composition
Listing Agency: Sutherland, REALTORS
Listed By: Madison Sutherland · License #0853397
Added: Sep 22 Last Checked: Sep 23 at 12:06AM
MLS# 202613080

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 duplex contains 1,975 square feet within a 0.15-acre parcel and has recently undergone renovation. Improvements include a replacement composition roof, new HVAC systems, central heating and central air, along with updated interiors and an open floorplan. Adobe construction dates to 1938, while the current improvements provide refreshed building systems for both sides of the property.

Both units are occupied by established tenants, providing in-place rental operations. The property includes four bathrooms and six bedrooms, with parking available on the street. Its location is 3002 1st Place in Lubbock, Texas 79415.

Key Highlights

  • Duplex with 1,975 square feet on a 0.15‑acre lot
  • Recently renovated with updated interiors and an open floorplan
  • New roof and HVAC systems

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,042
Businesses Nearby

Demographics for 79415, TX

17,499
Population
7,225
Households
2.4
Avg Household Size
30
Median Age
26%
College-Educated
77%
High-School Grad
67.8 sq mi
ZIP Area
258
Density / Sq Mi
$37,101
Median Household Income
$25,506
Median Earnings
$956
Median Rent
$94,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately occupied units offer updated interiors, central climate control, and on-street parking.
Where is this duplex located?
The property is located at 3002 1st Place Lubbock, TX.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Duplex with 1,975 square feet on a 0.15‑acre lot; Recently renovated with updated interiors and an open floorplan; New roof and HVAC systems
More about this property
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