Building Details

Year built 1966

Floors in Building 1

Roof type Composition

Listing Agency: Keller Williams Realty a***@gmail.com Show Phone

Listed By: Greg Brownd · License #0596497 Show Phone

Added: Jun 16 Changed: Oct 9 Last Checked: Oct 13 at 7:06PM

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MLS# 202608218

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.

At 501 Plaza Drive in Slaton, this 22,368-square-foot apartment property contains 24 units arranged across 12 one-story duplexes. Each apartment has two bedrooms, one bathroom, and washer and dryer connections. The buildings were constructed in 1966 and have composition roofs.

Key Highlights

• 24 apartments across 12 one‑story duplexes
• Each unit has 2 bedrooms, 1 bathroom, and washer/dryer connections
• 22,368 square feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Parking Lot & Garage

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

24

Residential units

Location Intelligence

Trade Area within ½ mile

101

Businesses Nearby

Explore this area Business Placement

Demographics for 79364, TX

7,985

Population

2,949

Households

2.7

Avg Household Size

40

Median Age

16%

College-Educated

85%

High-School Grad

210.5 sq mi

ZIP Area

38

Density / Sq Mi

$55,221

Median Household Income

$39,774

Median Earnings

$1,018

Median Rent

$89,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Twelve single-story duplexes provide two-bedroom layouts with washer and dryer connections in every unit.

Where is this apartment building located?

The property is located at 501 Plaza Drive Slaton, TX.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 24 apartments across 12 one‑story duplexes; Each unit has 2 bedrooms, 1 bathroom, and washer/dryer connections; 22,368 square feet