3511 - 3519 35th Street Lubbock, TX 79413
MULTI_FAMILY - Lubbock, TX
- Added:
- Sep 15, 2025
- Days on Market:
- 303
- Last Refresh:
- Jul 14 at 9:06 am
Property Features for 3511 - 3519 35th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 20
- Bathrooms
- 10
- Rooms
- Bedroom 10, Bedroom 11, Bathroom 6, Bedroom 15, Bedroom 1, Bathroom 8, Bedroom 14, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 20, Bedroom 19, Bedroom 9, Bedroom 12, Bedroom 6, Bedroom 17, Bathroom 1, Bathroom 7, Bedroom 13, Bedroom 2, Bathroom 10, Bedroom 7, Bathroom 4, Bedroom 5, Bathroom 9, Bedroom 3, Bedroom 18, Bedroom 16, Bedroom 8
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Fencing
- Fenced
- Appliances
- Electric Oven, Gas Cooktop
- Standard status
- Active
- APN
- R91955
- Size
- 10,725 SF
- Lot size
- 0.90 Acres
Taxes and HOA fees
- Tax Description
- MORRIS TW BLK 2 L 1-5
- Tax Annual Amount
- 13869
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick Veneer
- Roof type
- Composition
Listing agent David Haymes License #0618395 (806) 789-7653
Listing office WestMark Companies 4105 84th Street, Lubbock, TX (806) 794-6000
Listing date Sep 15, 2025
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.
Key Highlights
- 5‑building duplex property with 10 total units in Lubbock, currently 100% occupied
- Built in 1959 with brick veneer construction
- Central heating and central air with ceiling fans
Local 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 | $168.6k | $15.72 |
| − Vacancy | −$10.5k | −$0.97 |
| EGI | $158.1k | $14.75 |
| − OpEx | −$71.2k | −$6.64 |
| NOI | $87.0k | $8.11 |
