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.
Sold on 03/07/25
Price Unknown
2201 Research Blvd, Lubbock, TX 79407
4beds
4,720sqft
Multi Family
Built in 1959
-- sqft lot
$456,700 Zestimate®
$--/sqft
$1,398 Estimated rent
Home value
$456,700
$420,000 - $493,000
$1,398/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 11, 2025 at 01:44pm
Listed by:
Greg Garrett TREC #0312404 806-548-7653,
Keller Williams Realty,
Houston Garrett TREC #0740265 806-544-7343,
Keller Williams Realty
Bought with:
Michael Norsworthy, TREC #0799136
eXp Realty LLC
Source: LBMLS,MLS#: 202410567
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Natural Gas
Cooling
- Attic Fan, Central Air, Electric
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Water Purifier, Water Softener, Water Softener Owned, Water Purifier Owned
- Laundry: Common Area
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Windows: Window Coverings
- Has basement: No
Interior area
- Total structure area: 4,720
- Total interior livable area: 4,720 sqft
- Finished area above ground: 4,720
Property
Parking
- Total spaces: 2
- Parking features: Carport, Garage Door Opener
- Carport spaces: 2
Features
- Fencing: Fenced,Gate
Lot
- Size: 5.75 Acres
- Features: Landscaped
Details
- Additional structures: Storage, Workshop
- Parcel number: R29816
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1959
Community & neighborhood
Location
- Region: Lubbock
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2025 | Sold | -- |
Source:  LBMLS #202410567 | ||
| 10/21/2024 | Pending sale | $700,000$148/sqft |
Source: LBMLS #202410567 | ||
| 9/25/2024 | Listed for sale | $700,000$148/sqft |
Source: LBMLS #202410567 | ||
| 8/13/2024 | Pending sale | $700,000$148/sqft |
Source: LBMLS #202410567 | ||
| 7/23/2024 | Listed for sale | $700,000$148/sqft |
Source: LBMLS #202410567 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $11,455 -63.7% |
| 2024 | $197 +18.3% | $31,590 +297.1% |
| 2023 | $167 -8% | $7,955 |
Find assessor info on the county website
Neighborhood: 79407
Nearby schools
GreatSchools rating
- 3/10Willow Bend Elementary SchoolGrades: PK-5Distance: 1.1 mi
- NAReese Educational CenterGrades: 6-12Distance: 1.2 mi
- 6/10Frenship High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Shallowater
- Middle: Shallowater
- High: Shallowater
Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.