Five-Unit Multifamily
New
For Sale
$435,000
3508 E Colgate Street, Lubbock, TX 79403
Residential Income, Lubbock, TX
Property Size5,406 SF
Lot Size0.88 Acres
Price / SF$80.47
Days on Market1
Property Features for 3508 E Colgate Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
15
Bathrooms
8
Full bathrooms
5
Half bathrooms
5
Rooms
Bathroom 2, Bedroom 5, Bathroom 10, Bedroom 6, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 14, Bathroom 4, Bedroom 12, Bedroom 7, Bathroom 9, Bathroom 5, Bathroom 8, Bathroom 7, Bedroom 4, Bedroom 15, Bedroom 8, Bedroom 3, Bedroom 9, Bedroom 13, Bathroom 6, Bedroom 2, Bedroom 10, Bedroom 11
Parking features
Carport
Elementary school district
Lubbock ISD
Middle school district
Lubbock ISD
High school district
Lubbock ISD
Subdivision
1
Standard status
Active
APN
R133682
Size
5,406 SF
Lot size
0.88 Acres
Taxes and HOA fees
Tax Description
CHERRY POINT L 451
Legal Description
CHERRY POINT L 451
Utilities
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Amenities
carports
Building Details
Year built
2008
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Brick & Loft Realty
(806) 999-0722
Listed By:
Travis Turner · License #0660475
(806) 577-2508
Added: Aug 31
Last Checked: Aug 31 at 11:06PM
MLS# 202612118
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 5,406-square-foot multifamily property was built in 2008 on a 0.88-acre lot. The five-unit configuration includes open floor plan layouts, with tile or vinyl flooring in living areas and carpet in some bedrooms. Vinyl siding, a composition roof, central heating, central air, and ceiling fans serve the property. Carports provide covered parking for residents.
All 5 of 5 units are occupied, and the property is professionally managed by True Asset Property Management. The address is 3508 E Colgate Street in Lubbock, Texas, 79403. The combination of unit occupancy, on-site carports, and established building systems provides a clear overview of the property's existing residential income configuration.
All 5 of 5 units are occupied, and the property is professionally managed by True Asset Property Management. The address is 3508 E Colgate Street in Lubbock, Texas, 79403. The combination of unit occupancy, on-site carports, and established building systems provides a clear overview of the property's existing residential income configuration.
Key Highlights
- 5 of 5 units occupied
- 5,406 square feet on 0.88 acres
- Built in 2008
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 79403, TX
15,604
Population
6,530
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
76%
High-School Grad
131.3 sq mi
ZIP Area
119
Density / Sq Mi
$45,343
Median Household Income
$27,431
Median Earnings
$946
Median Rent
$83,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Professionally managed multifamily asset with all five units occupied.
Where is this multifamily property located?
The property is located at 3508 E Colgate Street Lubbock, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 5 of 5 units occupied; 5,406 square feet on 0.88 acres; Built in 2008
