Stabilized
$435,000
5-Unit Multifamily in Lubbock, TX
TX · listed Aug 31, 2026 (58 days)
Price per unit compared
This property$87K
Within ~40 mi (14)$71K
Texas median (1,196)$92K
- $/unit
- $87,000
- ▼ 6% vs TX · 45th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 2006
Financials
- Asking price
- $435,000
- Price per unit
- $87,000
- Price per sq ft
- $80
- 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
- 5
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2006
- Building size
- 5,443 sq ft
- Avg unit size
- 1,089 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 31, 2026
- Days on market
- 58 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2168
About this property
Great package of rental properties, vinyl siding, with carports! These are professionally managed with True Asset Property Management, and have stayed rented. These have open floor plan layouts, with tile or vinyl flooring, and carpet in bedrooms on some. Check these out, 4 out of 5 of the units are occupied.
Multi-family
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, TXValue-add | $425K | $53K$53K | — |
 Lubbock, TXNew | $785K | $49K$49K | — |
 Lubbock, TXValue-add | $2.39M | $217K$217K | 2.7% |
 Lubbock, TXValue-add | $550K | $69K$69K | 0% |
 Lubbock, TXStabilized | $1.57M | $315K$315K | — |