918 N Bangor Avenue Lubbock, TX 79416
MULTI_FAMILY - Other - Lubbock, TX
- Added:
- Jul 1, 2026
- Days on Market:
- 14
- Last Refresh:
- Jul 14 at 6:06 am
Property Features for 918 N Bangor Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 2, Bathroom 5, Bedroom 4, Bathroom 6
- Parking features
- Garage, Open
- Window features
- Window Coverings
- Patio and Porch features
- Porch
- Interior features
- Walk-In Closet(s)
- Exterior features
- Courtyard
- Fencing
- Fenced
- Appliances
- Dishwasher, Electric Oven, Microwave
- Standard status
- Pending
- APN
- R303570
- Size
- 2,732 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- Lynnwood L 74
- Tax Annual Amount
- 4097
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent Dianna Romans License #0595636 (806) 789-0899
Listing office Keller Williams Realty 10210 Quaker Ave, Lubbock, TX (806) 771-7710
Listing date Jul 1, 2026
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.
Located in north Lubbock, the property is positioned just minutes from Texas Tech, LCU, and local hospitals, making it convenient for tenants with ties to area employment and healthcare.
For buyers, the duplex configuration offers flexible occupancy scenarios: continue as a two-unit rental with Unit A producing income while Unit B turns over, or occupy one side while the neighboring unit remains a separate rental. If the property is not under contract soon, the seller indicates Unit B may be re-rented, so interested parties are encouraged to coordinate showings accordingly.
Key Highlights
- Lynnwood duplex built in 2004 with two units, each featuring 3 bedrooms and 3 full bathrooms
- Unit A rented at $1,200/month; Unit B will be available to show with 24 hour notice and will be vacant on 8/1
- Each unit includes its own private fenced backyard and a 2‑car rear‑entry garage
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 |
