For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lubbock Duplex in Cooper ISD Title is generated by Realmo AI

    9804 Avenue V, Lubbock, TX 79423

    View on Map
    Claim this Listing
    Pending
    $330,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    3,007 SF
    Lot size:
    0.19 Acres
    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

    We can help!

    Listing Contact
    Lauren Egert

    Listing agent Lauren Egert License #0776312

    Listing office Reside Real Estate Co. 6901 Quaker Ave, Ste 100, Lubbock, TX

    Listing date May 1, 2026

    MLS# 202605824 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.

    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

    This fully leased duplex is located within the highly sought-after Cooper Independent School District. Each side of the duplex includes 3 bedrooms, 2 bathrooms, and a 2-car garage. The property is currently leased at $1,450 per side, generating a total monthly income of $2,900. Situated in a desirable area of South Lubbock, the property benefits from consistent rental demand. The property size is 3007 square feet and the lot size is 0.19 acres.

    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
    3,007 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $388.0K
    $339.5K – $452.7K (±1% cap)
    NOI $27,160 @ 7.0% cap · market cap 8.23%
    Second Best
    Apartment 5plus
    $348.4K
    $304.8K – $406.5K (±1% cap)
    NOI $24,387 @ 7.0% cap · market cap 7.39%
    Theoretical Best
    Office A
    $758.1K
    $663.3K – $884.4K (±1% cap)
    NOI $53,065 @ 7.0% cap · market cap 16.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Building Supply Gym & Fitness Center Daycare Center Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.863992
    Latitude
    33.504832

    FAQs

    What type of property is this?
    Duplex - Fully leased duplex in South Lubbock with immediate income.
    Where is this duplex located?
    The property is located at 9804 Avenue V Lubbock, TX.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: 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
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message