4212 FM179, Lubbock, TX 79407
- Added:
- Apr 17, 2026
- Days on Market:
- 68
- Last Refresh:
- Jun 23 at 9:06 pm
Property Features for 4212 FM179
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Driveway
- Fencing
- Fenced
- Standard status
- Active
- APN
- R49324
- Size
- 2,344 SF
- Lot size
- 1.90 Acres
Taxes and HOA fees
- Tax Description
- BLK D6 SEC 7 AB 105 TR 2 SE/4 AC: 1.9
Utilities
- Utilities
- Water Available
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1956
- Flooring type
- Tile, Hardwood, Carpet
- Roof type
- Composition
Listing agent Cameron Seale License #0688378 (806) 773-0821
Listing office Williams & Company Real Estate 918 Ave J, Lubbock, TX (806) 860-6945
Listing date Apr 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
- 1.9‑acre tract with frontage along FM 179
- Currently improved with a 2,344 SF 3‑bedroom, 2‑bath home
- Located outside of city limits; near the future Loop 88 interchange at 50th St (about 1 mile east)
- Utilities include water available; home on well and septic
- Year built 1956 with central heating (natural gas) and central air conditioning
- Roof is composition; flooring includes tile, hardwood, and carpet
Overview
Local Financial Insights For Mixed Use
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 | $54.8k | $23.40 |
| − Vacancy | −$5.5k | −$2.34 |
| EGI | $49.4k | $21.06 |
| − OpEx | −$18.5k | −$7.90 |
| NOI | $30.9k | $13.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -102.009562
- Latitude
- 33.555071