Duplex with Ceramic Tile
For Sale
$169,900
3301 Avenue M, Lubbock, TX 79411
Residential Income, Lubbock, TX
Property Size1,761 SF
Lot Size0.16 Acres
Price / SF$96.48
Days on Market167
Property Features for 3301 Avenue M
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 6, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3
Parking features
Driveway
Window features
Double Pane Windows, Screens
Interior features
Granite Counters
Appliances
Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
Lot features
Back Yard
Elementary school district
Lubbock ISD
Middle school district
Lubbock ISD
High school district
Lubbock ISD
Subdivision
2
Standard status
Active
APN
R86527
Size
1,761 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
Summer Hill Blk 6 L 7
Tax Annual Amount
3150
Legal Description
Summer Hill Blk 6 L 7
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
ceramic tile floors
metal fence
cold A/C
new fridge
dishwasher
stove
microwave
Building Details
Year built
2022
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Wood Siding
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Caprock Realty
Listed By:
Jim Tidwell · License #0559996
(806) 773-1304
Added: May 8
Changed: Oct 21
Last Checked: Oct 21 at 5:06PM
MLS# 202606140
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2022, this 1,761-square-foot duplex has six bedrooms and four bathrooms. Ceramic tile flooring, granite counters, and central heating and air conditioning are among its interior features. The appliance package includes a refrigerator, dishwasher, disposal, electric oven, and microwave, with stainless steel appliances also noted.
The property occupies a 0.16-acre lot and includes driveway parking, a metal fence, wood siding, and a composition roof. Public water serves the site.
The property occupies a 0.16-acre lot and includes driveway parking, a metal fence, wood siding, and a composition roof. Public water serves the site.
Key Highlights
- 1,761 square feet of building area
- 0.16‑acre lot
- Built in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,282
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,640
$285.6K
Cap Rate 7%
$204,029
$204.0K
Cap Rate 9%
$158,689
$158.7K
Market Conditions
NOI Build-Up for 1,761 SF
Gross rent
$27.7K $15.72/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$26.0K $14.75/SF
− OpEx
−$11.7K −$6.64/SF
NOI
$14.3K $8.11/SF
Area
Lubbock, TX
Vacancy
6.20%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,640
Cap Rate 7%
$204,029
Cap Rate 9%
$158,689
Alternative Uses
Best Use
Multifamily LT 5
$227.2K
$198.8K – $265.1K
NOI $15,906 @ 7.0% cap · market cap 9.36%
Second Best
Apartment 5plus
$204.0K
$178.5K – $238.0K
NOI $14,282 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$444.0K
$388.5K – $518.0K
NOI $31,077 @ 7.0% cap · market cap 18.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 79411, TX
7,297
Population
3,474
Households
2.1
Avg Household Size
31
Median Age
22%
College-Educated
72%
High-School Grad
1.5 sq mi
ZIP Area
4,865
Density / Sq Mi
$44,866
Median Household Income
$24,493
Median Earnings
$942
Median Rent
$85,000
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
Frequently Asked Questions
What type of property is this?
Duplex - Central heating and air conditioning serve a six-bedroom, four-bathroom property with granite counters.
Where is this duplex located?
The property is located at 3301 Avenue M Lubbock, TX.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 1,761 square feet of building area; 0.16‑acre lot; Built in 2022
