9804 Avenue V, Lubbock, TX 79423
- Added:
- May 1, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 18 at 2:06 am
Property Features for 9804 Avenue V
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1
- Parking features
- Garage
- Interior features
- Granite Counters
- Standard status
- Pending
- APN
- R318519
- Size
- 3,007 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- Fox Ridge L 181A
- Tax Annual Amount
- 7047
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2014
- Floors in Building
- 1
- Building materials
- Brick
Listing agent Lauren Egert License #0776312 (214) 287-9631
Listing office Reside Real Estate Co. 6901 Quaker Ave, Ste 100, Lubbock, TX (806) 646-6423
Listing date May 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.
HighLights
- Fully leased duplex in Cooper ISD with immediate in‑place rental income
- 2 units total; each side features 3 bedrooms and 2 bathrooms
- 2‑car garage for each side
- Currently leased at $1,450 per side ($2,900/month total)
- Built in 2014 with brick construction
- Interior includes granite counters; central heating and central air
Overview
Local 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 | $41.5k | $13.80 |
| − Vacancy | −$2.7k | −$0.90 |
| EGI | $38.8k | $12.90 |
| − OpEx | −$11.6k | −$3.87 |
| NOI | $27.2k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.863992
- Latitude
- 33.504832