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!
For sale
$190,000
4425 31st St, Lubbock, TX 79410
4beds
2,003sqft
Est.:
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
- 90 days
- on Zillow |
- 74 |
- 2 |
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#: 202555272

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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