Updated Duplex Investment
7914 Aberdeen Avenue Lubbock, TX 79424
For Sale
$285,000
Pending
MULTI_FAMILY - Ranch - Lubbock, TX
Property Size2,899 SF
Lot Size0.23 Acres
Days on Market51
Property Features for 7914 Aberdeen Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 5
Parking features
Garage
Window features
Window Coverings
Interior features
Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Formica Counters, Laminate Counters, Walk-In Closet(s)
Fireplace
1
Appliances
Dishwasher, Electric Range
Standard status
Pending
APN
R60195
Size
2,899 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
Farrar Estates L 5 & N5'of 4
Tax Annual Amount
5761
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1976
Floors in Building
1
Number of units
2
Flooring type
Carpet, Plank, Laminate
Building materials
Brick
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Keller Williams Realty
(806) 771-7710
Listed By:
Nancy Garrett · License #0466808
(806) 438-0181
Added: Jun 10
Changed: Jul 29
Last Checked: Jul 30 at 6:06AM
MLS# 202607926
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.
Investment Insights
Based on property information with market context.
This updated duplex includes recent improvements with vinyl plank flooring and fresh paint, and it has been maintained in good condition. The property is offered as a duplex with approximately 2,899 square feet of building area on a 0.23-acre lot. Both sides are occupied, so advance notice is required for showings.
Located in Lubbock, the home is described as being just off 82nd and Slide, providing convenient access to the surrounding area. The listing notes the property’s excellent location and emphasizes its overall upkeep.
For investors seeking an add-to-portfolio rental property, this duplex offers a straightforward structure with two occupied units and documented recent updates. For prospective buyers, the key operational consideration is that the units are currently tenant-occupied, so scheduling and notice requirements will apply prior to any interior access.
Located in Lubbock, the home is described as being just off 82nd and Slide, providing convenient access to the surrounding area. The listing notes the property’s excellent location and emphasizes its overall upkeep.
For investors seeking an add-to-portfolio rental property, this duplex offers a straightforward structure with two occupied units and documented recent updates. For prospective buyers, the key operational consideration is that the units are currently tenant-occupied, so scheduling and notice requirements will apply prior to any interior access.
Key Highlights
- 5‑bedroom, 4‑bath layout with Bedroom 1–5 and Bathroom 1–4
- Brick ranch home built in 1976 with composition roof
- Central heating and cooling with natural gas heating and central air
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 | $40.0k | $13.80 |
| − Vacancy | −$2.6k | −$0.90 |
| EGI | $37.4k | $12.90 |
| − OpEx | −$11.2k | −$3.87 |
| NOI | $26.2k | $9.03 |
2,899 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$374.1K
$327.3K – $436.4K
NOI $26,184 @ 7.0% cap · market cap 9.19%
Second Best
Apartment 5plus
$335.9K
$293.9K – $391.9K
NOI $23,511 @ 7.0% cap · market cap 8.25%
Theoretical Best
Office A
$730.8K
$639.5K – $852.7K
NOI $51,159 @ 7.0% cap · market cap 17.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with recent vinyl plank and paint, currently fully occupied with notice required to show.
Where is this duplex located?
The property is located at 7914 Aberdeen Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 5‑bedroom, 4‑bath layout with Bedroom 1–5 and Bathroom 1–4; Brick ranch home built in 1976 with composition roof; Central heating and cooling with natural gas heating and central air
