Brick Veneer Duplex with
For Sale
$215,000
7801 Avenue X, Lubbock, TX 79423
Residential Income, Lubbock, TX
Property Size1,810 SF
Lot Size0.16 Acres
Price / SF$118.78
Days on Market94
Property Features for 7801 Avenue X
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 4
Parking features
Garage, Driveway
Fireplace
1
Lot features
City Lot, Cul-De-Sac
Elementary school
Roberts
Middle school
Atkins
High school
Monterey
Elementary school district
Lubbock ISD
Middle school district
Lubbock ISD
High school district
Lubbock ISD
Subdivision
6
Standard status
Active
APN
R50333
Size
1,810 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
Oak Park L 156
Tax Annual Amount
2155
Legal Description
Oak Park L 156
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
private backyard
Building Details
Year built
1978
Floors in Building
1
Building materials
Brick Veneer
Architectural style
Other
Listing Agency:
Reside Real Estate Co.
(806) 646-6423
Listed By:
Daniel Hernandez · License #0809570
(806) 500-4003
Added: Jul 15
Changed: Oct 9
Last Checked: Oct 16 at 10:06AM
MLS# 202609713
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.
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Investment Insights
Based on property information with market context.
This duplex offers 1,810 square feet of residential space on a 0.16-acre lot. Built in 1978 with brick veneer construction, the property features central heating and central air, vinyl plank flooring, and an open connection between the kitchen and living area. A fireplace adds another defined feature to the interior.
Each unit includes a one-car garage and a private backyard, with additional driveway parking available. The property is positioned near dining and retail options and provides quick access to South Loop 289. Located in Lubbock, the duplex presents a two-door residential income configuration with practical on-site parking and outdoor space.
Each unit includes a one-car garage and a private backyard, with additional driveway parking available. The property is positioned near dining and retail options and provides quick access to South Loop 289. Located in Lubbock, the duplex presents a two-door residential income configuration with practical on-site parking and outdoor space.
Key Highlights
- Duplex with 1,810 square feet on a 0.16‑acre lot
- Two‑bedroom, two‑bath configuration
- One‑car garage for each unit with driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,348
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,960
$327.0K
Cap Rate 7%
$233,543
$233.5K
Cap Rate 9%
$181,644
$181.6K
Market Conditions
NOI Build-Up for 1,810 SF
Gross rent
$25.0K $13.80/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$23.4K $12.90/SF
− OpEx
−$7.0K −$3.87/SF
NOI
$16.3K $9.03/SF
Area
Lubbock, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,960
Cap Rate 7%
$233,543
Cap Rate 9%
$181,644
Alternative Uses
Best Use
Multifamily LT 5
$233.5K
$204.4K – $272.5K
NOI $16,348 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$209.7K
$183.5K – $244.7K
NOI $14,679 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$456.3K
$399.3K – $532.4K
NOI $31,941 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
671
Businesses Nearby
Explore this area
Business Placement
Demographics for 79423, TX
42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom, two-bath rental property with private outdoor space and convenient access to dining, retail, and South Loop 289.
Where is this duplex located?
The property is located at 7801 Avenue X Lubbock, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Duplex with 1,810 square feet on a 0.16‑acre lot; Two‑bedroom, two‑bath configuration; One‑car garage for each unit with driveway parking
