3821 133rd Street, Lubbock, TX 79423
MULTI_FAMILY - Lubbock, TX
- Added:
- Jan 26, 2026
- Days on Market:
- 163
- Last Refresh:
- Jul 8 at 11:06 pm
Property Features for 3821 133rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 3
- Parking features
- Garage
- Interior features
- Ceiling Fan(s)
- Appliances
- Dishwasher, Electric Oven, Electric Range, Microwave
- Standard status
- Active
- APN
- R324836
- Size
- 3,102 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- KELSEY PARK L 75
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2014
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
Listing agent Dennis Carrizales License #0738689 (806) 543-3939
Listing office Coldwell Banker Trusted Adviso 4924 S Loop 289, Lubbock, TX (806) 793-0677
Listing date Jan 26, 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
- 6‑bedroom, 4‑bath home with spacious room layout
- Brick construction with a 2014 build year
- Central heating with natural gas plus central air and electric cooling
- Kitchen appliances include dishwasher, electric oven, electric range, and microwave
- Includes garage parking
- Ceiling fans included
Overview
The seller’s remarks highlight South Lubbock living, with proximity to schools, shopping, restaurants, and parks. The broader package includes additional properties at 2123 143rd, 319 79th, 3817 133rd, 3819 133rd, 5504 110th, 5724 96th, and 7513 103rd.
For buyers seeking residential income housing, this asset offers a straightforward duplex format within the South Lubbock area. As the listing notes the ability to buy as part of a package or separately, it may be useful for investors or owner-operators comparing unit mix and location while keeping acquisitions aligned with their preferred ownership strategy. Please confirm all details directly with the listing broker, including current unit configuration and lease terms, as those specifics are not included in the provided information.
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 | $42.8k | $13.80 |
| − Vacancy | −$2.8k | −$0.90 |
| EGI | $40.0k | $12.90 |
| − OpEx | −$12.0k | −$3.87 |
| NOI | $28.0k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.899022
- Latitude
- 33.473701
