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Updated Two-Unit Duplex
For Sale
$130,000

529 42nd St, Lubbock, TX 79404

One residence is leased, while the other is being prepared for a new occupant.

Property Size1,488 SF
Price / SF$87.37
Days on Market34

Property Features for 529 42nd St

General Information

Standard status Active
Size 1,488 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,815
Listing Agency: Thrive Real Estate
Listed By: Paul Zapata · License #0852934
Source: Exprealty
Added: Jul 28 Changed: Aug 21 Last Checked: Aug 29 at 3:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thrive Real Estate

Investment Insights

Based on property information with market context.

This 1,488-square-foot duplex at 529 42nd St. includes two residential units. One unit is currently leased, and the second is undergoing turnover. Interior improvements completed before the current ownership include fresh paint, vinyl flooring, revised cabinetry, and remodeled bathrooms.

The property is located in Lubbock, Texas, within an established neighborhood with access to schools, shopping, and major roadways. Its two-unit configuration and updated interior elements provide a straightforward multifamily layout for continued residential occupancy.

Key Highlights

  • 1,488‑square‑foot duplex with two residential units
  • One unit is currently leased
  • Second unit is in the turnover process

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Spa & Massage Center Gym & Fitness Center Locksmith

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

533
Businesses Nearby

Demographics for 79404, TX

9,956
Population
4,289
Households
2.3
Avg Household Size
38
Median Age
13%
College-Educated
73%
High-School Grad
28.5 sq mi
ZIP Area
349
Density / Sq Mi
$48,642
Median Household Income
$30,654
Median Earnings
$958
Median Rent
$86,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - One residence is leased, while the other is being prepared for a new occupant.
Where is this duplex located?
The property is located at 529 42nd St Lubbock, TX.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 1,488‑square‑foot duplex with two residential units; One unit is currently leased; Second unit is in the turnover process
More about this property
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