Two-Story
For Sale
$249,500
4320 52nd Street, Lubbock, TX 79413
Residential Income, Lubbock, TX
Property Size2,726 SF
Lot Size0.17 Acres
Price / SF$91.53
Days on Market298
Property Features for 4320 52nd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Multi-Family
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 1, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 5
Parking features
Carport
Window features
Window Coverings
Interior features
Bar, Double Vanity, Formica Counters, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Storage, Walk-In Closet(s)
Exterior features
Balcony, Private Yard
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, Disposal, Electric Oven, Microwave, Stainless Steel Appliance(s)
Elementary school
Miller
Middle school
Evans
High school
Monterey
Elementary school district
Lubbock ISD
Middle school district
Lubbock ISD
High school district
Lubbock ISD
Subdivision
3
Standard status
Active
APN
R132770
Size
2,726 SF
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
DRURY PARK L 83 & W3.69'OF 84
Tax Annual Amount
2860
Legal Description
DRURY PARK L 83 & W3.69'OF 84
Utilities
Sewer type
Public Sewer
Heating system
Fireplace(s), Natural Gas, Central
Cooling system
Electric, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1972
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Wood Siding
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Buildings
1
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Karisa Langley · License #0698012
(806) 781-7054
Added: Jan 9
Changed: Oct 28
Last Checked: Nov 2 at 10:06PM
MLS# 202600434
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,726-square-foot duplex, built in 1972, contains two leased residences on a 0.17-acre lot. One unit has 2 bedrooms and 1.5 bathrooms; the other includes 3 bedrooms and 2 bathrooms. Both feature vinyl flooring and a fireplace. The larger residence has an open floor plan, with one bedroom on the main level and two upstairs. The other places all bedrooms on the second floor. Backyard areas serve both units, and one includes a storage unit. Carport parking is also provided.
The property is in Lubbock near Tech and within walking distance of bus routes.
The property is in Lubbock near Tech and within walking distance of bus routes.
Key Highlights
- Two leased units: one with 2 bedrooms and 1.5 bathrooms, the other with 3 bedrooms and 2 bathrooms
- 2,726 square feet on a 0.17‑acre lot
- Built in 1972; both units have fireplaces and vinyl flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,108
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,160
$442.2K
Cap Rate 7%
$315,829
$315.8K
Cap Rate 9%
$245,644
$245.6K
Market Conditions
NOI Build-Up for 2,726 SF
Gross rent
$42.9K $15.72/SF
− Vacancy
−$2.7K −$0.97/SF
EGI
$40.2K $14.75/SF
− OpEx
−$18.1K −$6.64/SF
NOI
$22.1K $8.11/SF
Area
Lubbock, TX
Vacancy
6.20%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,160
Cap Rate 7%
$315,829
Cap Rate 9%
$245,644
Alternative Uses
Best Use
Multifamily LT 5
$351.7K
$307.8K – $410.4K
NOI $24,622 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$315.8K
$276.4K – $368.5K
NOI $22,108 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$687.2K
$601.3K – $801.8K
NOI $48,106 @ 7.0% cap · market cap 19.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
Explore this area
Business Placement
Demographics for 79413, TX
20,962
Population
9,590
Households
2.2
Avg Household Size
35
Median Age
35%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
4,460
Density / Sq Mi
$67,062
Median Household Income
$38,004
Median Earnings
$1,325
Median Rent
$195,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both units are leased and offer distinct two- and three-bedroom floor plans with backyard areas.
Where is this duplex located?
The property is located at 4320 52nd Street Lubbock, TX.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: Two leased units: one with 2 bedrooms and 1.5 bathrooms, the other with 3 bedrooms and 2 bathrooms; 2,726 square feet on a 0.17‑acre lot; Built in 1972; both units have fireplaces and vinyl flooring
