Listing Agency: Madewell Real Estate Company j***@madewellrec.com Show Phone

Listed By: Jacoby Madewell · License #TX

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:20PM

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Investment Insights

Based on property information with market context.

This multifamily property at 3410 97th St in Lubbock, Texas, includes tenant occupancy and a roof replacement completed in 2023. The asset is offered for sale as a residential income property.

Key Highlights

• Roof replacement completed in 2023
• Tenant occupancy is in place
• Located at 3410 97th St, Lubbock, TX 79423

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

242

Businesses Nearby

Explore this area Business Placement

Demographics for 79423, TX

42,311

Population

18,463

Households

2.3

Avg Household Size

35

Median Age

38%

College-Educated

94%

High-School Grad

64.2 sq mi

ZIP Area

659

Density / Sq Mi

$82,906

Median Household Income

$45,520

Median Earnings

$1,284

Median Rent

$222,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Roof improvements were completed in 2023, and tenant occupancy is in place.

Where is this multifamily property located?

The property is located at 3410 97th St Lubbock, TX.

What are key features of this property?

This property features: Roof replacement completed in 2023; Tenant occupancy is in place; Located at 3410 97th St, Lubbock, TX 79423