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Updated Duplex Near Texas Tech

4320 52nd Street Lubbock, TX 79413

Claim this Listing
For Sale
$260,000

MULTI_FAMILY - Other - Lubbock, TX

Property size:
2,726 SF
Lot size:
0.17 Acres
Price / SF:
$95.38/SF
Added:
Jan 9, 2026
Days on Market:
186
Last Refresh:
Jul 14 at 10:06 am

Property Features for 4320 52nd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 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)
Standard status
Active
APN
R132770
Size
2,726 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Description
DRURY PARK L 83 & W3.69'OF 84
Tax Annual Amount
2860

Utilities

Sewer type
Public Sewer
Heating system
Fireplace(s), Natural Gas, Central
Cooling system
Ceiling Fan(s), Electric
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

Listing agent Karisa Langley License #0698012

Listing office eXp Realty LLC 5605 N MacArthur Blvd 10th Flr, Austin, TX

Listing date Jan 9, 2026

MLS# 202600434 Listing URL

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.

This updated two-story duplex is located close to Texas Tech University and within walking distance of bus routes. Side A is currently leased and features a 2-bedroom, 1.5-bathroom layout with updated vinyl flooring and a living room with a fireplace. All bedrooms are located upstairs. Side A also includes a backyard suitable for pets or outdoor living. Side B is a 3-bedroom, 2-bathroom unit with updated vinyl flooring, a fireplace, and an open-concept space. One bedroom is downstairs, while the other two are upstairs. Side B also includes a backyard with a storage unit. The property is suitable for investors or for an owner to live in one side and lease out the other for additional income. The property size is 2726 square feet and the lot size is 0.17 acres.

Key Highlights

  • Updated two‑story duplex built in 1972 with public water and public sewer
  • Side A leased 2/1.5 with updated vinyl flooring, living room fireplace, and all bedrooms upstairs
  • Side B offers 3/2 layout with one bedroom downstairs, two upstairs, and updated vinyl flooring

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 $42.9k $15.72
− Vacancy −$2.7k −$0.97
EGI $40.2k $14.75
− OpEx −$18.1k −$6.64
NOI $22.1k $8.11
2,726 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$351.7K
$307.8K – $410.4K (±1% cap)
NOI $24,622 @ 7.0% cap · market cap 9.47%
Second Best
Apartment 5plus
$315.8K
$276.4K – $368.5K (±1% cap)
NOI $22,108 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$687.2K
$601.3K – $801.8K (±1% cap)
NOI $48,106 @ 7.0% cap · market cap 18.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency HVAC Service Bakery Gym & Fitness Center Furniture & Home Goods Grocery & Convenience Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated duplex near Texas Tech, ideal for investors or owner-occupants.
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 $260,000.
What are key features of this property?
This property features: Updated two‑story duplex built in 1972 with public water and public sewer; Side A leased 2/1.5 with updated vinyl flooring, living room fireplace, and all bedrooms upstairs; Side B offers 3/2 layout with one bedroom downstairs, two upstairs, and updated vinyl flooring
Contact an agent
More about this property
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