Lubbock, TX Residential Income Properties for Sale

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163 listings

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$1,200,000

11,518 SF

Lubbock Multifamily Investment Package

Package Property 6th Street, Lubbock, TX 79416

Turn-key multifamily investment package near universities and schools.

Investor package with 10 total units: two two‑story quads at 5827 6th St & 5839 7th St plus two duplexes at 3417 & 3419 Hyden Ave
Quads built in 2004: identical units with 3 bedrooms, 2 baths, and an attached 2‑car garage (one unit has a side yard)
Quads feature patios and washer/dryer connections; fireplace is included in the listings
Hyden Ave duplexes built in 1985: each side offers 2 bedrooms and 2 baths with fireplace, back patio, and small fenced‑in backyard
Hyden Ave: new roof reported; washer/dryer connections and refrigerators included

Updated: Apr 22

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$1,625,000

11,170 SF

Five-Unit Apartment Investment

3404 25th Street, Lubbock, TX 79410

Well-appointed 5-unit complex with in-unit laundry and balconies, positioned near Texas Tech for steady rental appeal.

5‑unit complex built in 2018
Each unit has 4 bedrooms and 4.5 bathrooms
Every unit includes a washer/dryer and refrigerator
Balcony included with each unit
Natural gas heating and electric cooling

Updated: Jun 3

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$910,000

9,458 SF

Multifamily Property Package

Four-property package with eight leased doors and professional management, positioned for straightforward residential income ownership.

4309 58th Street, Lubbock, TX 79413

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$895,000

5,974 SF

New Construction Townhome Building

Four-unit new construction townhome building in West Lubbock.

7030-7036 41st Street, Lubbock, TX 79407

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New Turnkey Townhome Investment Property

$800,000

6,090 SF

New Turnkey Townhome Investment Property

New four-unit townhome community with proven rental income in place.

5825 Virginia Avenue, Lubbock, TX 79407

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$800,000

6,090 SF

New Turnkey Townhome Investment Property

Four fully occupied townhomes built in 2023 with proven rental income.

5881 Urbana Place, Lubbock, TX 79407

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New Lubbock Townhome Investment Opportunity

$800,000

6,090 SF

New Lubbock Townhome Investment Opportunity

Four fully occupied townhomes built in 2023 with proven rental income.

5833 Virginia Avenue, Lubbock, TX 79407

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$299,000

7,520 SF

Value-Add 12-Unit Apartment Package

Four-building multi-family package near Texas Tech and the medical district, offering individual electric metering per unit.

1708 18th Street, Lubbock, TX 79401

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Lubbock Townhomes Investment Opportunity

$715,000

5,652 SF

Lubbock Townhomes Investment Opportunity

Four like-new townhomes with strong rental potential in Lubbock, TX.

5512 Kemper Street, Lubbock, TX 79416

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$514,000

5,066 SF

Multifamily Investment Near Texas Tech

Two properties, six units, near Texas Tech, generating income.

1919 17th Street, Lubbock, TX 79401

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$425,000

3,790 SF

New Duplexes in Frenship District

New duplexes in NW Lubbock, Frenship School District, fully occupied.

7120 22nd Street, Lubbock, TX 79407

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$849,500

6,213 SF

Class A Townhome Building

Four-unit townhome in Lubbock's Viridian neighborhood.

2602-2608 135th Street, Lubbock, TX 79423

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$230,000

2,262 SF

Leased Duplex Income Property

Well-maintained duplex with two 2-bedroom, 1-bath units, each currently leased.

2408 33rd Street, Lubbock, TX 79411

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$230,000

2,277 SF

Leased Duplex with Two 2-Bed Units

Two 2-bedroom, one-bath units are side-by-side and currently leased for immediate, steady rental occupancy.

2412 33rd Street, Lubbock, TX 79411

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$184,900

2,748 SF

Duplex with Rear Efficiency Apartment

Updated main home plus a registered rear efficiency apartment, with tenants responsible for their own utilities.

1910 26th Street, Lubbock, TX 79411

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$310,000

3,102 SF

Lubbock Quadplex Investment Opportunity

Fully occupied quadplex near Texas Tech, generating $2,625/month income.

7401 Avenue X, Lubbock, TX 79423

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$230,000

2,291 SF

Leased Duplex with Two 2BR/1BA Units

Well-maintained duplex with two separately leased 2-bedroom, 1-bath apartments, offering income from day one.

2410 33rd Street, Lubbock, TX 79411

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$429,000

1,627 SF

New Duplex in Waters Neighborhood

New construction duplex in Lubbock's desirable Waters neighborhood.

3119 - 3121 74th Street, Lubbock, TX 79423

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$353,000

2,899 SF

Turnkey Income-Generating Duplex

Fully leased duplex with modern interior upgrades, covered patio, fenced backyard, and tenant-ready features built for stable cash flow.

2015 102nd Street, Lubbock, TX 79423

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$410,000

3,504 SF

Spacious Duplex in Lubbock, TX

Well-maintained duplex with strong income potential and long-term value.

3110 109th Street, Lubbock, TX 79423

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$260,000

2,732 SF

Duplex with Private Bedroom Suites

Duplex offers two leased units with washer/dryer connections, fenced backyards, and off-street parking.

5420 Harvard Street, Lubbock, TX 79416

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$319,900

5,364 SF

Lubbock Quadplex Investment Opportunity

Four-unit quadplex near Texas Tech with stable occupancy.

7405 Avenue X, Lubbock, TX 79423

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$289,500

2,534 SF

Lubbock Duplex Investment Opportunity

Well-maintained duplex near Clifford H. Andrews Park in Lubbock, TX.

7815 Memphis Avenue, Lubbock, TX 79423

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Lubbock Quadruplex: Investor Opportunity

$499,000

4,924 SF

Lubbock Quadruplex: Investor Opportunity

Fully occupied Lubbock quadruplex, turnkey and income-producing investment property.

5845 7th Street, Lubbock, TX 79416

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Lubbock, TX Residential Income Properties Investment Opportunities Market Analysis

Explore 163 residential income properties for sale in Lubbock, TX, showcased through 163 active listings on our real estate platform. These investment opportunities span a total of 583,520 square feet of properties for sale, with an estimated market value of $70,743,069.

Sale prices for residential income properties in Lubbock, TX start at $59,000, averaging $468,497, and reaching up to $5,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Property Size Breakdown

The majority of commercial real estate listings in Lubbock fall within the 100,000+ square foot range.

Demographics Overview

Population 286K

Population Growth (5Y) +0.1%

Median Household Income $66,110

College Educated 24.2%

High-Yield Neighborhoods for Investment

Identify Lubbock submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
79414	$213.3K
79415	$220K
79404	$234.5K
79411	$346.6K
79412	$383.1K

Taxes & Financing

Tax Rate (average for all types) 1.81%

Property Tax per SF $22.36 per sq ft

Tax Rate vs County Average 0.03 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

Total CRE Area on Market Trend

Average Price per SF — Residential Income

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