For Sale
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Property summary
This exceptional investment opportunity presents a 124-unit apartment building, Lubbock Square Apartments, located at 4602 50th St, Lubbock, TX 79414. The property, a Class B multifamily asset, encompasses 123,848 square feet and boasts a 92% occupancy rate, generating a pro-forma NOI of $685,000 and a pro-forma cap rate of 6.52%. Originally constructed in 1974 and extensively renovated in 2020, this two-story building offers a compelling blend of classic charm and modern updates. The asking… price is $10,500,000, translating to $84,677 per unit. The property is zoned MF-2 and features fee simple ownership. This value-add investment presents a significant opportunity for growth and strong returns in the thriving Lubbock, Texas market. The property's strong performance metrics, combined with its strategic location and recent renovations, make it an attractive prospect for investors seeking a stable and appreciating asset in a dynamic Texas market. The 124 units provide a substantial rental income stream, and the existing occupancy rate suggests a high demand for the property's offerings. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location. The property's size and unit count offer significant scale for investors seeking a substantial investment in the Texas market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Nov 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
12 properties in this cityComparable in this city
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Year built
- 1974
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
One click on Google
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Sample leads
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Absentee
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Sample leads
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Hurwit Investments Ltd
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Loan from 20067.7% rateNew York National Bank
147 E ST, ST, NY
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Off Market
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Loan from 2005Emigrant Mortgage
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Still being built. It lands here next, beside the two above.
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