Lubbock TX Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,008
Status:
NEW LISTING
Beds:
6
Lot size:
0.16 Acres
Year built:
2022
Baths:
4.00
MLS#:
202413435
Subdivision:
713

ADDITIONAL INFORMATION

Great investment oppertunity for a newer duplex that is rented out with leases in place. Side A until 04/30/25 for $1399 and Side B until 09/30/25 for $1299. These units offer low maintenance yards that have turff. Each unit has it's own fenced back yard. Total rent is $2698.

Type:
Multi-Family
Sq.Ft.:
10,400
Status:
Active
Beds:
10
Year built:
2016
Baths:
9.00
MLS#:
202412215

ADDITIONAL INFORMATION

8-units west Lubbock, Horses allowed, with 4- 3bed/2 bath & 3 -2bed/2bath & 1-2bed/1 bath apartment.Great property for people who just want to be out of the city, or have horses, each unit comes with a 30x90 horse pen with covered sheds along the back, also a 8x12 hay/storage area and tack room+ trailer parking included. The property features 150x300 outdoor arena, 100 ft round pen, covered wash rack, with a 1.5 acre turn out for horses. Each unit has large kitchen with granite tops and all kitchen appliances, minimum of 9 ft ceiling throughout, large laundry with pantry. All up stairs units have large bedrooms and closets, down stairs units are nice size with extra built-ins. Tenant pays electric. Owner pays water and trash. Water is on 2 wells. Building is efficient with spray foam insulation, Separate HVAC & water heater for each unit. Pipe fencing around property.15 minutes to Tech, 5 minutes to equestrian center.

Type:
Multi-Family
Sq.Ft.:
4,720
Status:
Active
Beds:
4
Lot size:
5.75 Acres
Baths:
3.00
MLS#:
202410567
Subdivision:
713

ADDITIONAL INFORMATION

Welcome to Elm Grove Mobile Home Village, an expansive 5.75-acre property offering a unique investment opportunity. This park features a spacious 4,720 square foot house and a 3,825 square foot shop, both currently unleased. Elm Grove Mobile Home Village includes 24 well-maintained mobile home units, each connected to one of twelve septic tanks, ensuring efficient waste management, while the house has its own separate septic system. All units, including the house, are serviced by a single well, ensuring a consistent water supply. This self-sufficient setup offers peace of mind and cost savings, making it a compelling opportunity for investors looking to maximize potential rental income and manage a profitable mobile home park.

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Andrea Conner License # 521381 Xome Inc. License # 9002330 [email protected] 844-400-XOME (9663) 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Information provided herein originates from the Lubbock Association of Realtors®, Inc., Multiple Listing Service, and is compiled from miscellaneous sources. Neither the Lubbock Association of Realtors®, Inc., nor the listing broker, nor its agents, or subagents, are responsible for the accuracy of the information. Under no circumstances should the Multiple Listing Service information contained herein be relied upon by any person in making a decision to purchase any of the described properties. MLS users should verify all information by their own independent investigation and, in particular, verify, if important to them, room sizes, the square footage, lot size, property boundaries, age of structures, school district, flood insurance, zoning, restrictions and easements, fixtures or personal property excluded, and availability of water and sewer prior to submitting an offer to purchase the property. Information is deemed reliable, but not guaranteed. Square footage may be from the Lubbock Central Appraisal district and is not guaranteed. Copyright 2024 Lubbock Association of Realtors®, Inc., Multiple Listing Service. All rights reserved.



Lubbock Real Estate

The median home value in Lubbock, TX is $134,900. This is higher than the county median home value of $132,000. The national median home value is $219,700. The average price of homes sold in Lubbock, TX is $134,900. Approximately 46.71% of Lubbock homes are owned, compared to 43.03% rented, while 10.27% are vacant. Lubbock real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lubbock real estate agent to arrange a tour today!

Lubbock, Texas 79407 has a population of 247,323. Lubbock 79407 is less family-centric than the surrounding county with 28.92% of the households containing married families with children. The county average for households married with children is 31.36%.

The median household income in Lubbock, Texas 79407 is $47,326. The median household income for the surrounding county is $49,078 compared to the national median of $57,652. The median age of people living in Lubbock 79407 is 29.4 years.

Lubbock Weather

The average high temperature in July is 92.8 degrees, with an average low temperature in January of 26.4 degrees. The average rainfall is approximately 20.4 inches per year, with 8 inches of snow per year.

Lubbock Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    129
    30-day change

Lubbock Schools and Demographics

Education near Lubbock, TX

Metric City County
High School Graduates 85.86 85.5
College Degree - 2 year 6.2 6.19
College Degree - 4 year 29.68 28.67
Graduate Degree 7.59 7.35
Expenditures per Student 10,901 10,796
Students per Teacher 14.9 14.1

Elementary Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
Bennett Elementary School PK - 05 821 16.4 79382
Bowie Elementary School PK - 05 250 15.3 79407
Centennial Elementary School PK - 05 744 16.9 79416
Hardwick Elementary School PK - 05 438 14.9 79416
North Ridge Elementary School PK - 05 704 16.6 79416
Rush Elementary School PK - 05 416 14.9 79416
Wester Elementary School PK - 05 498 15.1 79414
Westwind Elementary School PK - 05 698 17.7 79407
Williams Elementary School KG - 05 393 14.6 79414
Willow Bend Elementary School PK - 05 620 14.6 79416

Middle Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
Frenship Middle School 06 - 09 626 13.3 79382
MacKenzie Middle School 06 - 08 686 15.1 79416
Terra Vista Middle School 06 - 08 565 12.4 79416

High Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
Frenship High School 09 - 12 2,272 15.6 79382
Smyer High School 07 - 12 183 9.5 79367

Ungraded Schools near Lubbock, TX

School Grades Students P/T Ratio ZIP
* Premier H S of Lubbock 09 - 12 130 26 79407
Reese Educational Center 06 - 12 87 6.2 79416

Demographics near Lubbock, TX 79407

Metric Zip Code City
Neighborhood Type Suburban
Population 247,323 298,042
Population Density 1,936 333
Median Age 29.4 30.7
People per Household 2.6 2.6
Median Household Income 47,326 49,078
Average Income per Capita 25,720 26,196