Value-add
$999,000
10-Unit Multifamily in Lubbock, TX
TX · listed Jul 29, 2026 (90 days)
Price per unit compared
This property$100K
Within ~40 mi (14)$71K
Texas median (1,196)$92K
- $/unit
- $99,900
- ▲ 8% vs TX · 55th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
- 1959
Financials
- Asking price
- $999,000
- Price per unit
- $99,900
- Price per sq ft
- $93
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1959
- Building size
- 10,725 sq ft
- Avg unit size
- 1,073 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 29, 2026
- Days on market
- 90 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1669
About this property
Highlights
- 100% Occupied
- Located less than 1.5 miles from Texas Tech University
- Value-Add opportunity
- 10 Units
- Property Flyers
- 35th Street Duplexes Offering Memorandum
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Lubbock, TXStabilized | $1.57M | $315K$315K | — |
 Lubbock, TXValue-add | $2.39M | $217K$217K | 2.7% |
 Lubbock, TXValue-add | $550K | $69K$69K | 0% |
 Lubbock, TXStabilized | $435K | $87K$87K | — |
 Lubbock, TXHigh yieldStabilized | $949K | $73K$73K | 7.8% |
 Lubbock, TXValue-add | $425K | $53K$53K | — |