7903 Aberdeen Avenue, Lubbock, TX 79424
- Added:
- Sep 17, 2025
- Days on Market:
- 267
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 7903 Aberdeen Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Parking features
- Garage, Off Street
- Interior features
- Bookcases, Ceiling Fan(s), Walk-In Closet(s)
- Exterior features
- Rain Gutters
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Refrigerator, Washer/Dryer
- Standard status
- Pending
- APN
- R82670
- Size
- 2,842 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- Farrar Estates L 735
- Tax Annual Amount
- 4554
Utilities
- Utilities
- Electricity Available
- Heating system
- Electric (Heating), Natural Gas, Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
Listing agent Andrea Sturdivant License #0574534 (806) 790-5772
Listing office L3 Brokers 6510 70th Street, Lubbock, TX (806) 790-5772
Listing date Sep 17, 2025
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 with Unit A (2 bed, 1.5 bath) and Unit B (3 bed, 2 bath)
- Both units currently vacant and ready to be leased
- Each unit includes a 2‑car garage and the property has a shared circle drive
- Brick construction with a composition roof and fenced exterior
- Interior features include walk‑in closets, ceiling fans, and bookcases
- Utilities and comfort: electricity available; heating includes central, electric, and natural gas; cooling includes central air and electric
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 | $39.2k | $13.80 |
| − Vacancy | −$2.5k | −$0.90 |
| EGI | $36.7k | $12.90 |
| − OpEx | −$11.0k | −$3.87 |
| NOI | $25.7k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.925344
- Latitude
- 33.521918
