Five-Unit Apartment
Package Property 2 Lubbock, TX 79412
Package Property 2, Lubbock, TX, 79412
$460,000
For Sale
$460,000
MULTI_FAMILY - Lubbock, TX
Property Size5,340 SF
Lot Size0.73 Acres
Price / SF$86.14
Days on Market509
Property Features for Package Property 2
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 15
- Bathrooms
- 8
- Rooms
- Bedroom 10, Bathroom 8, Bedroom 1, Bedroom 7, Bathroom 10, Bedroom 15, Bathroom 9, Bathroom 3, Bathroom 2, Bedroom 8, Bedroom 13, Bedroom 12, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 9, Bathroom 6, Bedroom 5, Bathroom 7, Bedroom 14, Bedroom 11, Bathroom 1, Bedroom 6, Bathroom 5
- Parking
- 2
- Parking features
- Carport
- Standard status
- Active
- APN
- R313644
- Size
- 5,340 SF
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Description
- Southport Blk 1 L 5A SOUTHPORT BLK 1 L 5B SOUTHPORT BLK 1 L 6A SOUTHPORT BLK 1 L 7A SOUTHPORT BLK 1 L 8A
- Tax Annual Amount
- 8149
Utilities
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 2006
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing Agency
Brick & Loft Realty
(806) 999-0722
9607 Milwaukee Ave, Lubbock, TX
Listed by
Collen Melton · License #0774198
(806) 999-5353
Added: Feb 23, 2025 Checked: Jul 17 at 3:06 pm
MLS# 202550866
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.
Investment Insights
Based on property information with market context.
This five-unit apartment building offers a total size of 5,340 square feet on a 0.73-acre lot. According to the public remarks, 3 of the 5 units are currently rented.
The property is being offered for sale in Lubbock, Texas (79412). The listing also includes a pro-forma cap rate of 8.25% assuming 100% occupancy.
As presented, the building’s rental status and the stated pro-forma metrics provide a straightforward starting point for underwriting an investor’s return assumptions.
The property is being offered for sale in Lubbock, Texas (79412). The listing also includes a pro-forma cap rate of 8.25% assuming 100% occupancy.
As presented, the building’s rental status and the stated pro-forma metrics provide a straightforward starting point for underwriting an investor’s return assumptions.
Key Highlights
- 2006‑built property with vinyl siding and a composition roof
- Central heating with central air conditioning plus ceiling fans
- Carport parking on‑site
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five-unit apartment building with 3 units currently rented and pro-forma cap rate listed at 8.25% at full occupancy.
Where is this apartment building located?
The property is located at Package Property 2 Lubbock, TX.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 2006‑built property with vinyl siding and a composition roof; Central heating with central air conditioning plus ceiling fans; Carport parking on‑site
