Six-Bedroom Duplex with
906 N Bangor Avenue, Lubbock, TX 79416
For Sale
$259,000
Pending
Residential Income, Lubbock, TX
Property Size2,732 SF
Lot Size0.19 Acres
Days on Market203
Property Features for 906 N Bangor Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Fencing
Appliances
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Amenities
washer/dryer hookups
fenced backyard
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Keller Williams Realty
(806) 771-7710
Listed By:
Cole Whisenhunt · License TX #0641534
(806) 438-7987
Added: Apr 22
Changed: Nov 1
Last Checked: Nov 10 at 10:06PM
MLS# 202605358
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 contains 2,732 square feet on a 0.19-acre lot, with three bedrooms and three bathrooms in each residence. Every bedroom has a dedicated full bathroom, while washer and dryer hookups support practical day-to-day living. The property was built in 2004 with brick construction, tile and carpet flooring, central air, electric heating, and garage parking. Interior features include laminate counters, a pantry, ceiling fans, and appliances including dishwashers, electric cooktops, and refrigerators. Each side also includes a small fenced backyard.
The property is in north Lubbock near the Loop, Texas Tech, and area hospitals. Both units are currently leased, and off-street parking is available through the shared driveway. The roof is noted as new as of June 2026.
The property is in north Lubbock near the Loop, Texas Tech, and area hospitals. Both units are currently leased, and off-street parking is available through the shared driveway. The roof is noted as new as of June 2026.
Key Highlights
- Duplex with 3 bedrooms and 3 bathrooms on each side
- 2,732 square feet on a 0.19‑acre lot
- Each bedroom includes its own full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,156
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,120
$443.1K
Cap Rate 7%
$316,514
$316.5K
Cap Rate 9%
$246,178
$246.2K
Market Conditions
NOI Build-Up for 2,732 SF
Gross rent
$42.9K $15.72/SF
− Vacancy
−$2.7K −$0.97/SF
EGI
$40.3K $14.75/SF
− OpEx
−$18.1K −$6.64/SF
NOI
$22.2K $8.11/SF
Area
Lubbock, TX
Vacancy
6.20%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,120
Cap Rate 7%
$316,514
Cap Rate 9%
$246,178
Alternative Uses
Best Use
Multifamily LT 5
$352.5K
$308.5K – $411.3K
NOI $24,676 @ 7.0% cap · market cap 9.53%
Second Best
Apartment 5plus
$316.5K
$277.0K – $369.3K
NOI $22,156 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$688.7K
$602.7K – $803.5K
NOI $48,212 @ 7.0% cap · market cap 18.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
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Business Placement
Demographics for 79416, TX
36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lubbock, TX
Properties on Market for Duplexes in Lubbock
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers private bathrooms, laundry hookups, and a small fenced backyard for low-maintenance living.
Where is this duplex located?
The property is located at 906 N Bangor Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Duplex with 3 bedrooms and 3 bathrooms on each side; 2,732 square feet on a 0.19‑acre lot; Each bedroom includes its own full bathroom
