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Duplex with Long-Term Tenant
New
For Sale
$275,000

9607 Avenue X, Lubbock, TX 79423

MULTI_FAMILY - Lubbock, TX

Property Size2,178 SF
Lot Size0.23 Acres
Price / SF$126.26
Days on Market5

Property Features for 9607 Avenue X

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1
Parking features On Street, Driveway, Garage
Interior features Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Storage, Walk-In Closet(s)
Exterior features Private Yard
Fencing Fenced, Gate
Fireplace 1
Elementary school district Lubbock ISD
Middle school district Lubbock ISD
High school district Lubbock ISD
Subdivision 6
Standard status Active
APN R90261
Size 2,178 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description Bicentennial Est L 120
Tax Annual Amount 3625
Legal Description Bicentennial Est L 120

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Fireplace(s), Natural Gas
Cooling system Central Air, Ceiling Fan(s), Gas (Cooling)
Water source Public

Building Details

Year built 1995
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl, Tile
Building materials Brick
Roof type Composition
Additional Structures Storage
Listing Agency: Keller Williams Realty
Listed By: Whitney Pendergrass · License #0750583
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 31 at 9:06PM
MLS# 202610578

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 at 9607 Avenue X in Lubbock, this south Lubbock duplex sits on a 0.23-acre lot and totals 2,178 square feet. Built in 1995 with brick construction and a composition roof, the property is designed as two separate units, each with two bedrooms, two bathrooms, and a 2-car garage. Interior features include an eat-in kitchen with a breakfast bar, ceiling fans, storage, and walk-in closets. Comfort is supported by central HVAC, natural gas heating, and fireplace(s) (per the property features). A private yard and fenced backyard with gate access are included.

Recent improvements include new backyard fencing for both units, and one side has new flooring. One unit is currently occupied by a long-term tenant who would love to stay.

Utilities are consistent with residential use, including public water and public sewer, with cable available. Parking is provided via on-street access, a driveway, and garage parking.

Key Highlights

  • 0.23‑acre lot with 2,178 total SF duplex built in 1995
  • Two units with 2 bedrooms, 2 bathrooms, and 2‑car garages
  • One side updated with new flooring

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 $30.1k $13.80
− Vacancy −$2.0k −$0.90
EGI $28.1k $12.90
− OpEx −$8.4k −$3.87
NOI $19.7k $9.03
2,178 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$281.0K
$245.9K – $327.9K (±1% cap)
NOI $19,672 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$252.3K
$220.8K – $294.4K (±1% cap)
NOI $17,663 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$549.1K
$480.5K – $640.6K (±1% cap)
NOI $38,436 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Nail Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby

Demographics for 79423, TX

42,311
Population
18,463
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
659
Density / Sq Mi
$82,906
Median Household Income
$45,520
Median Earnings
$1,284
Median Rent
$222,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - South Lubbock duplex with two 2-bedroom, 2-bath units, each featuring a 2-car garage.
Where is this duplex located?
The property is located at 9607 Avenue X Lubbock, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 0.23‑acre lot with 2,178 total SF duplex built in 1995; Two units with 2 bedrooms, 2 bathrooms, and 2‑car garages; One side updated with new flooring
More about this property
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