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Duplex with Attached Garages
New
For Sale
$265,000

4424 75th Drive, Lubbock, TX 79424

Residential Income, Lubbock, TX

Property Size2,317 SF
Lot Size0.18 Acres
Price / SF$114.37
Days on Market4

Property Features for 4424 75th Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 3
Parking features Garage, Driveway, Open
Window features Blinds
Patio and Porch features Porch
Interior features Beamed Ceilings, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Natural Woodwork, Vaulted Ceiling(s)
Exterior features Lighting, Private Yard
Fireplace 1
Appliances Dishwasher, Disposal, Electric Range, Microwave
Lot features City Lot
Elementary school Whiteside
Middle school Irons
High school Coronado
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Subdivision 7
Standard status Active
APN R59212
Size 2,317 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description Quaker Heights L 12
Tax Annual Amount 4452
HOA Fee $150 Annually
Legal Description Quaker Heights L 12

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Electric, Central Air
Water source Public

Amenities

swimming pool
tennis courts

Building Details

Year built 1973
Number of units 2
Flooring type Vinyl, Carpet
Building materials Brick
Roof type Composition
Architectural style Other
Listing Agency: WestMark Companies
Listed By: Denise Stout · License #0450642
Added: Oct 7 Last Checked: Oct 10 at 4:06AM
MLS# 202613815

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 2,317-square-foot duplex, built in 1973, sits on a 0.18-acre lot. Both residences include two bedrooms, two bathrooms, a one-car garage, and a fireplace. Beamed ceilings and arched doorways add architectural detail; one side also has a built-in desk. Side A is vacant, while Side B is occupied by family and may be vacant by closing. The air-conditioning units on both sides were replaced a year ago, and the roof, water heaters, and fences have been updated.

The property is in Lubbock’s Quaker Heights neighborhood. The HOA provides access to a swimming pool and tennis courts, with shopping and restaurants nearby.

Key Highlights

  • Two‑unit property with 2,317 square feet on a 0.18‑acre lot
  • Each side has 2 bedrooms, 2 bathrooms, and a 1‑car garage
  • Fireplaces and beamed ceilings in the living rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,927
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,540 $418.5K
Cap Rate 7%
$298,957 $299.0K
Cap Rate 9%
$232,522 $232.5K
Market Conditions
NOI Build-Up for 2,317 SF
Gross rent
$32.0K $13.80/SF
− Vacancy
−$2.1K −$0.90/SF
EGI
$29.9K $12.90/SF
− OpEx
−$9.0K −$3.87/SF
NOI
$20.9K $9.03/SF
Area
Lubbock, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,540
Cap Rate 7%
$298,957
Cap Rate 9%
$232,522

Alternative Uses

Best Use
Multifamily LT 5
$299.0K
$261.6K – $348.8K (±1% cap)
NOI $20,927 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$268.4K
$234.9K – $313.2K (±1% cap)
NOI $18,791 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$584.1K
$511.1K – $681.5K (±1% cap)
NOI $40,889 @ 7.0% cap · market cap 15.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Locksmith Garden Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,311
Businesses Nearby

Demographics for 79424, TX

53,479
Population
22,800
Households
2.3
Avg Household Size
38
Median Age
47%
College-Educated
95%
High-School Grad
41.6 sq mi
ZIP Area
1,286
Density / Sq Mi
$94,703
Median Household Income
$52,417
Median Earnings
$1,151
Median Rent
$279,600
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, two bathrooms, a fireplace, and a one-car garage.
Where is this duplex located?
The property is located at 4424 75th Drive Lubbock, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two‑unit property with 2,317 square feet on a 0.18‑acre lot; Each side has 2 bedrooms, 2 bathrooms, and a 1‑car garage; Fireplaces and beamed ceilings in the living rooms
More about this property
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