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    Luxury Duplex in Frenship School Title is generated by Realmo AI

    704 Hillshire Avenue, Wolfforth, TX 79382

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    Claim this Listing
    For Sale
    $359,000

    MULTI_FAMILY - Other - Wolfforth, TX

    Property size:
    3,091 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $116/SF
    Added:
    Aug 12, 2025
    Days on Market:
    330
    Last Refresh:
    Jul 7 at 9:06 am

    Property Features for 704 Hillshire Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 1
    Parking features
    Garage, Open
    Patio and Porch features
    Porch
    Interior features
    Breakfast Bar, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Pantry, Quartz Counters, Walk-In Closet(s)
    Exterior features
    Private Entrance, Private Yard
    Fencing
    Fenced
    Appliances
    Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
    Standard status
    Active
    APN
    R325496
    Size
    3,091 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Description
    Preston Trails L 43
    Tax Annual Amount
    7749

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2019
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl, Tile, Carpet
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Contact an agent
    Dan Williams
    Dan Williams

    Listing agent Dan Williams License #0550528

    Listing office Williams & Company Real Estate 918 Ave J, Lubbock, TX

    Listing date Aug 12, 2025

    MLS# 202559108 Listing URL

    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

    • 2019‑built brick duplex with composition roof
    • Each side features a 3‑bedroom, 2‑bath layout with open design
    • 2‑car garage on each side plus open parking
    • Quartz counters, eat‑in kitchen with pantry, and double vanity in the bathrooms
    • Side A and Side B are leased through mid‑2026 at $1,400 per side (marketed rent)
    • Central air and natural gas heat, with fenced private yard and private entrances

    Overview

    This property is a luxury duplex located in Wolfforth, within the Frenship School district. Each side of the duplex features 3 bedrooms, 2 bathrooms, and a 2-car garage. The units have open layouts and are finished with granite countertops and luxury vinyl plank flooring. The property includes low-maintenance landscaping. Both Side A and Side B are currently leased through mid-2026. The marketed rent is $1400 per side. The property is situated on a lot of 0.17 acres and has a total size of 3091 square feet. This property presents an opportunity for those interested in investing.

    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 $42.7k $13.80
    − Vacancy −$2.8k −$0.90
    EGI $39.9k $12.90
    − OpEx −$12.0k −$3.87
    NOI $27.9k $9.03
    3,091 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $398.8K
    $349.0K – $465.3K (±1% cap)
    NOI $27,918 @ 7.0% cap · market cap 7.78%
    Second Best
    Apartment 5plus
    $358.1K
    $313.4K – $417.8K (±1% cap)
    NOI $25,068 @ 7.0% cap · market cap 6.98%
    Theoretical Best
    Office A
    $779.2K
    $681.8K – $909.1K (±1% cap)
    NOI $54,547 @ 7.0% cap · market cap 15.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Wolfforth
    County
    Lubbock
    State
    Texas
    Longitude
    -101.9943
    Latitude
    33.527782

    FAQs

    What type of property is this?
    Duplex - Luxury duplex in Wolfforth, leased through mid-2026, great investment.
    Where is this duplex located?
    The property is located at 704 Hillshire Avenue Wolfforth, TX.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: 2019‑built brick duplex with composition roof; Each side features a 3‑bedroom, 2‑bath layout with open design; 2‑car garage on each side plus open parking
    More about this property
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