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For sale
  • $190,000

    4425 31st St, Lubbock, TX 79410

    4beds
    2,003sqft
    : 
    Package Property, Residential
    Built in 1960
    9,583.2 Square Feet Lot
    $182,300 Zestimate®
    $95/sqft
    $-- HOA

    What's special

    Private entrancesOff-street parking
    Fully leased and cash flowing, this brick duplex at 4425 31st St in Lubbock offers rock-solid returns and minimal management. Both units are 2-bedroom, 1-bath layouts with current leases in place through February 2025 at $925/month each—bringing in a combined $1,850/month and $22,200 annually. With a CAP Rate and ROI of 11.68%, this property is performing at a high level from day one. Tenants enjoy off-street parking, private entrances, and a quiet, centrally located neighborhood just minutes from Texas Tech and just across the street from a school. This duplex is built for long-term holding with strong demand in the area and a reliable tenant history. Priced competitively under market value, it's a smart acquisition for investors looking to scale or stabilize their portfolio. Purchase individually or as part of a complete 6-property income package that includes 6313 23rd St, 6315 24th St, 6210 22nd St, 6212 22nd St, and the neighboring duplex at 4423 31st St. Check them out before they're gone!
    90 days
    on Zillow
    |
    74
    |
    2
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    Zillow last checked: 7 hours ago

    Listing updated: May 25, 2025 at 12:57am

    Listed by:

    Jordan Linnenkugel TREC #0685556 432-934-4244,

    Keller Williams Realty

    Source: LBMLS,MLS#: 202555272MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4425 31st St.

    Next available tour time:Monday at 3:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Other
    Cooling
    • Central Air, Electric
    Features
    • Other
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,003
    • Total interior livable area: 2,003 sqft
    • Finished area above ground: 2,003

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport, Off Street
    • Carport spaces: 1
    Features
    • Patio & porch: Awning(s), Covered, Front Porch
    • Exterior features: None, Other
    • Fencing: Fenced
    Lot
    • Size: 9,583.2 Square Feet
    • Features: Other
    Details
    • Parcel number: R40481
    • Zoning description: Multi-Family
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Package Property, Residential
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1960

    Community & HOA

    Community
    • Security: None
    HOA
    • Has HOA: No
    Location
    • Region: Lubbock

    Financial & listing details

    • Price per square foot: $95/sqft
    • Tax assessed value: $163,422
    • Annual tax amount: $3,175
    • Date on market: 5/25/2025
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Road surface type: All Weather, Paved
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