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129-Unit Garden-Style Apartment Community
For Sale
Contact for pricing

5301 11th St, Lubbock, TX 79416

Updated rental community with varied floorplans, full-size kitchens, and shared recreational and business amenities.

Property SizeContact for details
Days on Market143

Property Features for 5301 11th St

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 129

Amenities

swimming pool
sand volleyball court
on-site business center
high-speed internet access
laundry facilities
resident portal

Building Details

Year Built 1966
Construction garden-style
Listing Agency: Franklin Street
Listed By: Patrick Strake · License #692185
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 11:27PM

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 Franklin Street

Investment Insights

Based on property information with market context.

Somerset Apartments is a 129-unit garden-style community at 5301 11th St in Lubbock. Built in 1966 and updated in recent years, the property includes studio, one-bedroom, and two-bedroom residences ranging from 387 to 1,378 square feet. Apartments feature full-size kitchens, modern appliances, and air conditioning, while select homes add walk-in closets, fenced yards, patios, or balconies.

Community features include a swimming pool, sand volleyball court, business center, laundry facilities, high-speed internet access, and a resident portal for online payments and service requests. The property is located near Texas Tech University, the medical district, retail destinations, parks, restaurants, and shopping, with access to Loop 289 and major Lubbock thoroughfares.

Key Highlights

  • 129‑unit apartment community built in 1966 and updated in recent years
  • Studio, one‑bedroom, and two‑bedroom floorplans from 387 to 1,378 square feet
  • Full‑size kitchens, modern appliances, and air conditioning in the residences

Property Analytics

Current Use

Somerset Apartments Apartment Building Marketplace for fb Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Kitchen & Bath Showroom Nail Salon HVAC Service

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

129
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 79416, TX

36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value

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?
Apartment building - Updated rental community with varied floorplans, full-size kitchens, and shared recreational and business amenities.
Where is this apartment building located?
The property is located at 5301 11th St Lubbock, TX.
What are key features of this property?
This property features: 129‑unit apartment community built in 1966 and updated in recent years; Studio, one‑bedroom, and two‑bedroom floorplans from 387 to 1,378 square feet; Full‑size kitchens, modern appliances, and air conditioning in the residences
More about this property
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