Mixed-Use Property with Rental
400 Phelps Avenue, Littlefield, TX 79339
For Sale
$198,000
Commercial Sale, Littlefield, TX
Property Size1,375 SF
Lot Size0.07 Acres
Price / SF$144
Days on Market189
Property Features for 400 Phelps Avenue
General Information
Property type
Property subtype
Lot features
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Site & Location
Corner Location
Mixed-Use Components
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Listing Agency:
Exit Realty of Lubbock
(806) 771-3900
Listed By:
Kristal Saenz · License TX #0669452
(806) 787-4526
Added: May 6
Changed: Nov 4
Last Checked: Nov 10 at 6:06PM
MLS# 202606082
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.
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Investment Insights
Based on property information with market context.
This mixed-use property contains 1,375 square feet on a 0.07-acre corner parcel. The front building is suited to retail, office, or service-oriented use, while two residential rental units occupy the rear. Both residential units are currently leased to long-term tenants.
Positioned along a main thoroughfare in Littlefield, the property benefits from a corner setting with direct exposure and accessibility. Its combination of commercial space and occupied residential units supports multiple use components within one compact asset at 400 Phelps Avenue.
Positioned along a main thoroughfare in Littlefield, the property benefits from a corner setting with direct exposure and accessibility. Its combination of commercial space and occupied residential units supports multiple use components within one compact asset at 400 Phelps Avenue.
Key Highlights
- 1,375‑square‑foot mixed‑use property on a 0.07‑acre parcel
- Front building supports retail, office, or service use
- Two residential rental units positioned at the rear
Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
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Business Placement
Demographics for 79339, TX
6,744
Population
3,081
Households
2.2
Avg Household Size
38
Median Age
17%
College-Educated
78%
High-School Grad
334.8 sq mi
ZIP Area
20
Density / Sq Mi
$57,035
Median Household Income
$35,350
Median Earnings
$1,019
Median Rent
$76,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Front commercial space is paired with two occupied residential rental units.
Where is this mixed-use property located?
The property is located at 400 Phelps Avenue Littlefield, TX.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: 1,375‑square‑foot mixed‑use property on a 0.07‑acre parcel; Front building supports retail, office, or service use; Two residential rental units positioned at the rear
