Duplex with Two-Car Rear-Entry
912 N Bangor Avenue Lubbock, TX 79416
912 N Bangor Avenue, Lubbock, TX, 79416
$265,000
For Sale
$265,000
MULTI_FAMILY - Other - Lubbock, TX
Property Size2,732 SF
Lot Size0.19 Acres
Price / SF$96
Days on Market9
Property Features for 912 N Bangor Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 3
- Parking features
- Open
- Fencing
- Fenced
- Appliances
- Dishwasher, Electric Range, Refrigerator
- Standard status
- Active
- APN
- R303567
- Size
- 2,732 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- Lynnwood L 71
- Tax Annual Amount
- 4454
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2004
- Flooring type
- Tile, Carpet
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
United Realty, LLC
(432) 230-3000
3208 N Grimes, Hobbs, TX
Listed by
LaDonna Sanchez · License #0841544
(575) 408-1525
Added: Jul 10 Checked: Jul 18 at 9:06 am
MLS# 202609470
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two separate residential units, each laid out with three bedrooms and three full bathrooms. Both units include a two-car rear-entry garage and a private fenced backyard, supporting comfortable day-to-day living and tenant privacy.
The property is located in North Lubbock near Texas Tech University, Lubbock Christian University, and area hospitals. It sits on a 0.19-acre lot and totals 2,732 square feet.
Unit A is currently leased at $1,225 per month, with a scheduled move-in date of July 17, 2026. Unit B is leased at $1,199 per month, with a scheduled move-in date of July 15, 2026. Both units are vacant until those dates, providing defined occupancy timelines for the new owner.
The property is located in North Lubbock near Texas Tech University, Lubbock Christian University, and area hospitals. It sits on a 0.19-acre lot and totals 2,732 square feet.
Unit A is currently leased at $1,225 per month, with a scheduled move-in date of July 17, 2026. Unit B is leased at $1,199 per month, with a scheduled move-in date of July 15, 2026. Both units are vacant until those dates, providing defined occupancy timelines for the new owner.
Key Highlights
- Lynnwood duplex built in 2004 with brick construction and a composition roof
- Each unit has 3 bedrooms and 3 full bathrooms
- 2‑car rear‑entry garage plus a private fenced backyard for each unit
Local Financial Insights For Apartment 5plus
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 | $42.9k | $15.72 |
| − Vacancy | −$2.7k | −$0.97 |
| EGI | $40.3k | $14.75 |
| − OpEx | −$18.1k | −$6.64 |
| NOI | $22.2k | $8.11 |
2,732 SF · lease $15.72/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$352.5K
$308.5K – $411.3K
NOI $24,676 @ 7.0% cap · market cap 9.31%
Second Best
Apartment 5plus
$316.5K
$277.0K – $369.3K
NOI $22,156 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$688.7K
$602.7K – $803.5K
NOI $48,212 @ 7.0% cap · market cap 18.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Each unit features three bedrooms, three full baths, and a rear-entry two-car garage with a private fenced backyard.
Where is this duplex located?
The property is located at 912 N Bangor Avenue Lubbock, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Lynnwood duplex built in 2004 with brick construction and a composition roof; Each unit has 3 bedrooms and 3 full bathrooms; 2‑car rear‑entry garage plus a private fenced backyard for each unit
