
New
$785,000
16-Unit Multifamily in Lubbock, TX
TX · listed Oct 25, 2026 (3 days)
Price per unit compared
This property$49K
Within ~40 mi (14)$80K
Texas median (1,196)$92K
- $/unit
- $49,062
- ▼ 47% vs TX · 12th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 16
- 1973
Financials
- Asking price
- $785,000
- Price per unit
- $49,062
- Price per sq ft
- $73
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 16
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1973
- Building size
- 10,789 sq ft
- Avg unit size
- 674 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 25, 2026
- Days on market
- 3 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1374
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Lubbock, TXHigh yieldStabilized | $949K | $73K$73K | 7.8% |
Lubbock, TXStabilized | $435K | $87K$87K | — |
Lubbock, TXValue-add | $425K | $53K$53K | — |
Value-add | $2.39M | $217K$217K | 2.7% |
Lubbock, TXValue-add | $999K | $100K$100K | — |
Value-add | $550K | $69K$69K | 0% |



