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    Split-Level Quadplex Opportunity
    Updated: Apr 4
    Split-Level Quadplex Opportunity

    5845 7th Street, Lubbock, TX 79416

    $485,000
    4,924 sqft 0.27 AC lot
    Quadruplex with 4 fully occupied units; each unit is approximately 1,231 SF with 3 bedrooms and 2 bathrooms
    Each unit includes a 2‑car garage, plus driveway parking
    Exterior painted within the past year
    Split‑level construction with brick and wood siding and a composition roof
    Central heating and central air with electric heating; ceiling fans included
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    This listing looks promising.

    Here's a quick look at some key insights for

    5845 7th Street, Lubbock, TX 79416

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $635K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 2004
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    Four-Unit Townhome Building
    Updated: Jul 15
    Four-Unit Townhome Building

    7030-7036 41st Street, Lubbock, TX 79407

    $895,000
    5,974 sqft 0.33 AC lot
    Under construction (year built 2026) 4‑unit townhome building with private entrances and private yards
    Interior highlights include granite counters, open floorplan, pantry, and walk‑in closets; ceiling fans in select areas
    Kitchen and laundry appliances include dishwasher, disposal, electric cooktop and oven, microwave, freezer, and refrigerator (stainless steel appliances)
    Cooling and heating include central air and natural gas with central heating; fireplace(s) are included (FireplaceYN: true)
    Construction includes brick and vinyl siding; roof is composition
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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    3404 25th Street, Lubbock, TX 79410

    $1,575,000
    11,170 sqft 0.37 AC lot

    Five-unit apartment building with in-unit washer/dryer and balconies near Texas Tech University and surrounding shopping and dining.

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    Townhome-Style Multifamily Property
    Townhome-Style Multifamily Property

    2610-2618 136th Street, Lubbock, TX 79423

    $875,000
    6,640 sqft 0.36 AC lot

    Five well-maintained townhomes with rear-entry garages and xeriscape yards across from Lubbock Cooper East Elementary.

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    New Construction 4-Unit Townhome Building
    New Construction 4-Unit Townhome Building

    70307036 7030-7036 41st St, Lubbock, TX 79407

    $895,000
    5,974 sqft

    Under-construction four-unit townhome building with xeriscape yards and metal siding, adjacent to Canyon West shopping center.

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    Lubbock Multifamily Investment Package
    Lubbock Multifamily Investment Package

    Package Property 6th Street, Lubbock, TX 79416

    $1,200,000
    11,518 sqft 0.62 AC lot

    Turn-key multifamily investment package near universities and schools.

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    Townhome Multifamily with Rear Garages
    Townhome Multifamily with Rear Garages

    2620-2628 136th Street, Lubbock, TX 79423

    $875,000
    6,688 sqft 0.37 AC lot

    Well-built townhomes offer xeriscape yards and rear-entry garages, with 2- and 3-bedroom unit layouts.

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    Turnkey Quadplex with Private Balconies
    Turnkey Quadplex with Private Balconies

    5827 6th Street, Lubbock, TX 79416

    $490,000
    4,924 sqft 0.23 AC lot

    Four identical 3-bed, 2-bath units with balconies and attached 2-car garages, professionally managed for consistent turnkey ownership.

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    Townhome Community with Rear-Entry Garages
    Townhome Community with Rear-Entry Garages

    26202628 2620-2628 136th St, Lubbock, TX 79423

    $875,000
    6,688 sqft

    Five well-built townhomes include three 2BR/2BA and two 3BR/2BA end units, each with a rear-entry garage.

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    Turnkey Quadplex With Private Balconies
    Turnkey Quadplex With Private Balconies

    5839 7th Street, Lubbock, TX 79416

    $490,000
    4,924 sqft 0.26 AC lot

    Quadraplex featuring identical 3-bedroom, 2-bath units with washer/dryer connections and private balconies.

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    Four-Unit Quadplex Investment
    Four-Unit Quadplex Investment

    7405 Avenue X, Lubbock, TX 79423

    $309,900
    5,364 sqft 0.24 AC lot

    Four-unit quadplex with each unit featuring two bedrooms and two bathrooms, with some updates throughout.

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    New 4-Unit Townhome Building
    New 4-Unit Townhome Building

    7029 40th St, Lubbock, TX 79407

    $796,000
    5,300 sqft

    Newly constructed Class A 4-unit townhome building with modern finishes, built for low-maintenance, long-term ownership.

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    Quadplex for Sale
    Quadplex for Sale

    1314 65th Drive, Lubbock, TX 79412

    $199,900
    4,079 sqft 0.29 AC lot

    Quadplex property in Lubbock, Texas, offered for sale with a compact lot and total building area.

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    Four Townhome Investment Package
    Four Townhome Investment Package

    5512 Kemper Street, Lubbock, TX 79416

    $700,000
    5,652 sqft 0.30 AC lot

    Four like-new townhomes built in 2022, with all units currently leased and configured as two 3-bedroom and two 2-bedroom homes.

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    Apartment Building Package of 31 Units
    Apartment Building Package of 31 Units

    3011 E 3rd St, Lubbock, TX 79403

    $2,215,915
    34,091 sqft

    Apartment package includes 31 units with 88 bedrooms and 40 bathrooms, generating current monthly rents of $22,050.

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    New Four-Unit Townhome Building
    New Four-Unit Townhome Building

    7029 40th Street, Lubbock, TX 79407

    $796,000
    5,300 sqft 0.09 AC lot

    Newly constructed four-unit townhome property offers income potential and turnkey ownership for multifamily investors.

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    Value-Add 12-Unit Apartment Package
    Value-Add 12-Unit Apartment Package

    1708 18th Street, Lubbock, TX 79401

    $299,000
    7,520 sqft 0.22 AC lot

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

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    5845 7th St, Lubbock, TX 79416

    $485,000
    4,924 sqft

    Quadruplex with four fully occupied units, each featuring 3 bedrooms, 2 bathrooms, and 2-car garages.

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    Tenant-Occupied Duplex with Private Yards
    Tenant-Occupied Duplex with Private Yards

    2010 54th Street, Lubbock, TX 79412

    $160,000
    2,262 sqft 0.20 AC lot

    Fully tenant-occupied duplex offers two side-by-side units, each with two bedrooms, a garage, and a private backyard.

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    Updated Duplex Income Property
    Updated Duplex Income Property

    4320 52nd St, Lubbock, TX 79413

    $260,000
    2,726 sqft

    Two-story duplex features updated vinyl flooring, fireplaces, and separate leased units with backyard space.

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    Tenant-Occupied Duplex Investment
    Tenant-Occupied Duplex Investment

    2008 54th Street, Lubbock, TX 79412

    $160,000
    2,262 sqft 0.20 AC lot

    Side-by-side duplex with two-bedroom units, each with a private yard and one-car garage.

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    Turnkey Duplex with Fenced Yards
    Turnkey Duplex with Fenced Yards

    3824 133rd St, Lubbock, TX 79423

    $399,000
    3,102 sqft

    Well-maintained duplex offers two units with 3 bedrooms, 2 full baths, 2-car garages, and private fenced backyards.

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    New Construction Townhome Investment
    New Construction Townhome Investment

    7030 41st St, Lubbock, TX 79407

    $895,000
    5,974 sqft

    Four-unit townhome in a flourishing West Lubbock location.

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    Lubbock Multifamily Investment Opportunity
    Lubbock Multifamily Investment Opportunity

    1510 29th Place, Lubbock, TX 79411

    $525,000
    6,630 sqft 0.48 AC lot

    8-unit multifamily property in central Lubbock near major employers.

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    Lubbock, TX Residential Income Properties Market Trends and Statistics

    Explore 203 residential income properties for sale in Lubbock, TX, showcased through 203 active listings on our real estate platform. These investment opportunities span a total of 623,254 square feet of properties for sale, with an estimated market value of $86,874,464.

    Sale prices for residential income properties in Lubbock, TX start at $49,900, averaging $438,759, and reaching up to $7,225,000 — 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 196
    Duplexes 133
    Quadplexes 23
    Apartment buildings 19
    Triplexes 10

    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 average listing prices of real estate assets

    Neighborhood Average Price
    79404 $208.5K
    79414 $226K
    79415 $230.2K
    79412 $319.7K
    79424 $378.2K

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Property Tax per SF $22.36 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lubbock County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lubbock County

    Residential Income

    Property Size Breakdown

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

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    Popular Searches in Lubbock, TX

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    Most Searched ZIP Codes in Lubbock, TX

    • 79423
    • 79416
    • 79407
    • 79413
    • 79404
    • 79412
    • 79403
    • 79401
    • 79415
    • 79411
    • 79410
    • 79414

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