3417 & 3419 Hyden, Lubbock, TX 79407
MULTI_FAMILY - Lubbock, TX
- Added:
- Jun 17, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 27 at 7:06 am
Property Features for 3417 & 3419 Hyden
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3
- Interior features
- Ceiling Fan(s)
- Fencing
- Fenced
- Fireplace
- 1
- Standard status
- Active
- APN
- R98251
- Size
- 1,670 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- Park Lorraine Tr C-27 &Pt C-52 & TR C-28 &PT C-52
- Tax Annual Amount
- 2718
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1985
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
Listing agent Joy Daniel License #0525754 (806) 535-1206
Listing office WestMark Companies 4105 84th Street, Lubbock, TX (806) 794-6000
Listing date Jun 17, 2026
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
- Fully leased duplex (each side identical) with 2 bedrooms and 2 bathrooms per unit
- Brick construction built in 1985 with composition roof and central air plus electric cooling
- Living area includes a fireplace, vaulted ceiling, and laminate flooring
- Each unit offers a covered patio, a small fenced yard, and washer/dryer connections
- Kitchen includes dishwasher and range, with refrigerator included
- New roof scheduled for 2026
Overview
The duplex is located in Lubbock, Texas at 3417 and 3419 Hyden (79407). The site is tucked away on a cul-de-sac with quick access to Loop 289. It sits across from Costco and the West End Shopping Center.
For buyers seeking a residential income property, the identical unit configuration and fully leased status can simplify management and planning. The combination of front parking, covered outdoor space, and in-unit kitchen appliances supports strong everyday livability for tenants, while the new roof in 2026 addresses a key long-term exterior need.
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 | $23.0k | $13.80 |
| − Vacancy | −$1.5k | −$0.90 |
| EGI | $21.5k | $12.90 |
| − OpEx | −$6.5k | −$3.87 |
| NOI | $15.1k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.947904
- Latitude
- 33.562463
