Spacious Duplex in Lubbock,
3110 109th Street, Lubbock, TX 79423
New
MULTI_FAMILY - Lubbock, TX
Property size:
3,504 SFLot size:
0.17 AcresPrice / SF:
$117/SF- Added:
- May 25, 2026
- Days on Market:
- 5
- Last Refresh:
- May 29 at 6:06 pm
Property Features for 3110 109th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 4, Bedroom 3, Bathroom 5, Bathroom 2, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 4, Bathroom 8, Bedroom 5, Bedroom 1, Bathroom 7
- Parking features
- Garage
- Interior features
- Ceiling Fan(s), Open Floorplan
- Exterior features
- Private Yard
- Fireplace
- 1
- Appliances
- Dishwasher, Electric Range, Microwave
- Standard status
- Active
- APN
- R173575
- Size
- 3,504 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- Cooper Stone L 26
- Tax Annual Amount
- 6881
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2005
- Number of units
- 2
- Flooring type
- Carpet, Vinyl, Tile
- Building materials
- Brick
- Roof type
- Composition
Listing agent Jennifer McCormick License #0689235 (432) 955-4897
Listing office Home Grown Real Estate Co. 150 W FM 2306, Levelland, TX (432) 955-4897
Listing date May 25, 2026
MLS# 202607080
Listing URL
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.
HighLights
- Vacant unit (Side B) available 6/3, ideal for owner‑occupant.
- Strong income potential with long‑term tenant in Side A (lease expires 6/30).
- Each unit features a spacious, open floor plan and generously sized bedrooms.
- Numerous recent major updates, including a new 30‑year roof (2020), new windows, and new HVAC system (2021).
- Oversized primary closet in each unit.
- Each unit is approximately 1,752 sq ft.
Overview
This duplex in Lubbock, TX, presents an opportunity for both owner-occupants and investors. Each unit provides approximately 1,752 square feet of living space, featuring an open floor plan, generously sized bedrooms, and an oversized primary closet. One unit will be vacant starting in June, making it suitable for an owner-occupant. The other unit is currently occupied by a long-term tenant interested in renewing their lease. Numerous updates have been completed over the years. A new 30-year roof was installed in 2020, along with new aluminum windows, 29-gauge steel embossed fascia, aluminum porch ceilings, and updated garage door facings with 29-gauge steel wrap. Replacement fencing and gates were installed for one unit in 2019, while a new HVAC system was installed in 2021. New fencing with gates were added to the other unit in 2025. The property is situated on a lot of approximately 0.17 acres.
Local Financial Insights For Multifamily LT 5
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 | $48.4k | $13.80 |
| − Vacancy | −$3.1k | −$0.90 |
| EGI | $45.2k | $12.90 |
| − OpEx | −$13.6k | −$3.87 |
| NOI | $31.6k | $9.03 |
3,504 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$452.1K
$395.6K – $527.5K
NOI $31,648 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$406.0K
$355.2K – $473.6K
NOI $28,417 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$883.4K
$773.0K – $1.03M
NOI $61,836 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.882643
- Latitude
- 33.495565
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex with strong income potential and long-term value.
Where is this duplex located?
The property is located at 3110 109th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Vacant unit (Side B) available 6/3, ideal for owner‑occupant.; Strong income potential with long‑term tenant in Side A (lease expires 6/30).; Each unit features a spacious, open floor plan and generously sized bedrooms.
