Well-Maintained Duplex with
3205 66th Street Lubbock, TX 79413
New
For Sale
$289,000
Pending
MULTI_FAMILY - Lubbock, TX
Property Size3,111 SF
Lot Size0.26 Acres
Days on Market2
Property Features for 3205 66th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 2, Bathroom 1
- Parking features
- Open, Driveway
- Patio and Porch features
- Porch
- Fencing
- Fenced
- Fireplace
- 1
- Standard status
- Pending
- APN
- R129628
- Size
- 3,111 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Description
- Live Oak E40'of L 184 & W50'of 185
- Tax Annual Amount
- 4520
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1971
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
- Additional Structures
- Storage
Listing Agency:
Lubbock Select Realty
(806) 696-7700
Listed By:
Shelley Huffman · License #0741008
(806) 239-9874
Added: Jul 23
Last Checked: Jul 24 at 6:06PM
MLS# 202610235
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 well-maintained duplex includes two separate sides, each with its own two-car garage. Side B features 2 bedrooms and 2 bathrooms, with updated vinyl plank flooring in the kitchen, dining room, and laundry room, along with newer kitchen cabinets. Side A offers 3 bedrooms and 2 bathrooms, with updated vinyl plank flooring in the living room and hallway. Both sides have gas fireplaces.
Recent exterior and major mechanical updates include a roof replacement completed 3 years ago, with fascia repainted at that time, and a water heater replacement completed 2 years ago.
Both sides are currently occupied by long-term tenants on month-to-month leases.
Recent exterior and major mechanical updates include a roof replacement completed 3 years ago, with fascia repainted at that time, and a water heater replacement completed 2 years ago.
Both sides are currently occupied by long-term tenants on month-to-month leases.
Key Highlights
- Duplex in central Lubbock with both sides currently occupied by long‑term tenants on month‑to‑month leases
- Side A: 3 beds, 2 baths, 2‑car garage; updated vinyl plank flooring in the living room and hallway
- Side B: 2 beds, 2 baths, 2‑car garage
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 | $48.9k | $15.72 |
| − Vacancy | −$3.0k | −$0.97 |
| EGI | $45.9k | $14.75 |
| − OpEx | −$20.6k | −$6.64 |
| NOI | $25.2k | $8.11 |
3,111 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$401.4K
$351.2K – $468.3K
NOI $28,099 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$360.4K
$315.4K – $420.5K
NOI $25,230 @ 7.0% cap · market cap 8.73%
Theoretical Best
Office A
$784.3K
$686.3K – $915.0K
NOI $54,900 @ 7.0% cap · market cap 19.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two occupied units offer attached two-car garages, updated vinyl plank flooring, and gas fireplaces on each side.
Where is this duplex located?
The property is located at 3205 66th Street Lubbock, TX.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Duplex in central Lubbock with both sides currently occupied by long‑term tenants on month‑to‑month leases; Side A: 3 beds, 2 baths, 2‑car garage; updated vinyl plank flooring in the living room and hallway; Side B: 2 beds, 2 baths, 2‑car garage
