Two-Unit Duplex With
New
For Sale
$249,000
9607 Avenue X, Lubbock, TX 79423
Residential Income, Lubbock, TX
Property Size2,178 SF
Lot Size0.23 Acres
Price / SF$114.33
Days on Market2
Property Features for 9607 Avenue X
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 3
Parking features
Garage, Driveway, On Street
Interior features
Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Storage, Walk-In Closet(s)
Exterior features
Private Yard
Fencing
Gate, Fenced
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, Natural Gas, Fireplace(s)
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
Vinyl, Tile, Carpet
Building materials
Brick
Roof type
Composition
Additional Structures
Storage
Listing Agency:
Keller Williams Realty
(806) 771-7710
Listed By:
Whitney Pendergrass · License #0750583
(806) 549-0015
Added: Oct 12
Last Checked: Oct 13 at 3:06PM
MLS# 202614054
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.
Built in 1995, this brick duplex contains 2,178 square feet across two residences. Each unit offers two bedrooms, two bathrooms, and a two-car garage. One side has updated flooring, and both backyards have new fencing. The property also includes a 0.23-acre lot, central heating and air conditioning, and fireplaces.
One unit is occupied by a long-term tenant who has expressed interest in staying. Public water and sewer serve the property.
One unit is occupied by a long-term tenant who has expressed interest in staying. Public water and sewer serve the property.
Key Highlights
- Two units, each with 2 bedrooms, 2 bathrooms, and a 2‑car garage
- 2,178 square feet on a 0.23‑acre lot
- One unit has updated flooring; both backyards have new fencing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,672
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,440
$393.4K
Cap Rate 7%
$281,029
$281.0K
Cap Rate 9%
$218,578
$218.6K
Market Conditions
NOI Build-Up for 2,178 SF
Gross rent
$30.1K $13.80/SF
− Vacancy
−$2.0K −$0.90/SF
EGI
$28.1K $12.90/SF
− OpEx
−$8.4K −$3.87/SF
NOI
$19.7K $9.03/SF
Area
Lubbock, TX
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,440
Cap Rate 7%
$281,029
Cap Rate 9%
$218,578
Alternative Uses
Best Use
Multifamily LT 5
$281.0K
$245.9K – $327.9K
NOI $19,672 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$252.3K
$220.8K – $294.4K
NOI $17,663 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$549.1K
$480.5K – $640.6K
NOI $38,436 @ 7.0% cap · market cap 15.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, two bathrooms, and a private two-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 $249,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms, 2 bathrooms, and a 2‑car garage; 2,178 square feet on a 0.23‑acre lot; One unit has updated flooring; both backyards have new fencing
