5543 Itasca Street, Lubbock, TX 79416
MULTI_FAMILY - Lubbock, TX
- Added:
- Apr 30, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 17 at 4:06 pm
Property Features for 5543 Itasca Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Parking features
- On Street, Garage
- Interior features
- Ceiling Fan(s)
- Appliances
- Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
- Standard status
- Active
- APN
- R337343
- Size
- 3,054 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- Lincoln 16 L 146
- Tax Annual Amount
- 6461
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 2022
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing agent Han Li License #0739511 (864) 353-9731
Listing office Keller Williams Realty 10210 Quaker Ave, Lubbock, TX (806) 771-7710
Listing date Apr 30, 2026
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.
HighLights
- Built in 2022 duplex with brick construction and a composition roof
- Each unit includes central heat and central air conditioning, plus ceiling fans
- Appliances include dishwasher, disposal, electric cooktop, electric oven, and microwave
- Vinyl flooring throughout
- Parking features include a garage and on‑street parking
- Interior features include ceiling fan(s)
Overview
Local Financial Insights For Multifamily LT 5
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 | $42.1k | $13.80 |
| − Vacancy | −$2.7k | −$0.90 |
| EGI | $39.4k | $12.90 |
| − OpEx | −$11.8k | −$3.87 |
| NOI | $27.6k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.934988
- Latitude
- 33.610425
