6320 7th Street, Lubbock, TX 79416
- Added:
- Mar 18, 2026
- Days on Market:
- 103
- Last Refresh:
- Jun 28 at 2:06 am
Property Features for 6320 7th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 2
- Parking features
- Off Street, Garage, On Street, Driveway
- Exterior features
- Private Yard
- Fireplace
- 1
- Standard status
- Pending
- APN
- R172820
- Size
- 2,357 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- Westchester Park L 753
- Tax Annual Amount
- 3746
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing agent Travis Turner License #0660475 (806) 577-2508
Listing office Brick & Loft Realty 9607 Milwaukee Ave, Lubbock, TX (806) 999-0722
Listing date Mar 18, 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
- Duplex built in 2003 with both sides currently leased on long‑term contracts
- 2 beds and 2 baths on each side of the duplex
- Each unit includes a 1‑car garage
- Brick exterior with composition roof
- Central heating (natural gas) and central air; ceiling fans included
- Fireplace in the home; private yard and vinyl flooring
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 | $32.5k | $13.80 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $30.4k | $12.90 |
| − OpEx | −$9.1k | −$3.87 |
| NOI | $21.3k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.956221
- Latitude
- 33.589827
