Five-Unit Multifamily
For Sale
$446,000
Package Property 3, Lubbock, TX 79415
Residential Income, Lubbock, TX
Property Size5,443 SF
Lot Size0.82 Acres
Price / SF$81.94
Days on Market554
Property Features for Package Property 3
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
15
Bathrooms
8
Full bathrooms
5
Half bathrooms
5
Rooms
Bathroom 4, Bedroom 4, Bathroom 8, Bathroom 5, Bedroom 11, Bedroom 8, Bathroom 6, Bedroom 2, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 6, Bathroom 10, Bathroom 1, Bedroom 15, Bathroom 9, Bedroom 5, Bedroom 10, Bedroom 13, Bedroom 14, Bathroom 3, Bedroom 9, Bathroom 7, Bedroom 12
Parking
2
Parking features
Carport
Elementary school district
Lubbock ISD
Middle school district
Lubbock ISD
High school district
Lubbock ISD
Subdivision
1
Standard status
Active
APN
R313644
Size
5,443 SF
Lot size
0.82 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
Legal 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
Utilities
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Amenities
carports
Building Details
Year built
2012
Building materials
Vinyl Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
Brick & Loft Realty
(806) 999-0722
Listed By:
Collen Melton · License #0774198
(806) 999-5353
Added: Feb 24, 2025
Changed: Aug 31
Last Checked: Sep 1 at 3:06PM
MLS# 202550908
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 multifamily property includes 5 units across 5,443 square feet on 0.82 acres. Built in 2012, the buildings feature vinyl siding, composition roofing, central heating, central air, and ceiling fans. Interior layouts are open, with tile or vinyl flooring and carpeted bedrooms in some units. Carports provide covered parking, while the current unit mix includes 4 occupied residences out of 5.
The property is located in Lubbock, Texas, within ZIP Code 79415. Professional management is provided by True Asset Property Management.
The property is located in Lubbock, Texas, within ZIP Code 79415. Professional management is provided by True Asset Property Management.
Key Highlights
- 5,443‑square‑foot multifamily property on 0.82 acres
- 5‑unit configuration with 4 of 5 units occupied
- Built in 2012 with vinyl siding and composition roofing
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
80%
Occupancy
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Explore this area
Business Placement
Demographics for 79415, TX
17,499
Population
7,225
Households
2.4
Avg Household Size
30
Median Age
26%
College-Educated
77%
High-School Grad
67.8 sq mi
ZIP Area
258
Density / Sq Mi
$37,101
Median Household Income
$25,506
Median Earnings
$956
Median Rent
$94,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Rental property package with carport parking, central systems, and four occupied units.
Where is this multifamily property located?
The property is located at Package Property 3 Lubbock, TX.
What is the asking price?
The asking price for this property is $446,000.
What are key features of this property?
This property features: 5,443‑square‑foot multifamily property on 0.82 acres; 5‑unit configuration with 4 of 5 units occupied; Built in 2012 with vinyl siding and composition roofing
