3 out of the 5 units are rented. Pro-forma cap rate at 100% occupancy is 8.25%.
For sale
$460,000
Package Property #2, Lubbock, TX 79412
15beds
5,340sqft
Est.:
Package Property, Multi Family
Built in 2006
-- sqft lot
$-- Zestimate®
$86/sqft
$-- HOA
What's special
- 89 days |
- 68 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: September 12, 2025 at 09:09am
Listed by:
Collen Melton TREC #0774198 806-999-5353,
Brick & Loft Realty,
Travis Turner TREC #0660475 806-577-2508,
Brick & Loft Realty
Source: LBMLS,MLS#: 202550866
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 10
- Full bathrooms: 5
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Interior area
- Total structure area: 5,340
- Total interior livable area: 5,340 sqft
- Finished area above ground: 5,340
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Fencing: Back Yard
Lot
- Size: 0.73 Acres
Details
- Parcel number: R313644
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Package Property, Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 2006
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $86/sqft
- Annual tax amount: $8,149
- Date on market: 9/12/2025
- Cumulative days on market: 280 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: All Weather
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Listed for sale | $460,000$86/sqft |
Source: | ||
| 9/1/2025 | Listing removed | $460,000$86/sqft |
Source: | ||
| 2/23/2025 | Listed for sale | $460,000$86/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,945/mo
Principal & interest
$2236
Property taxes
$548
Home insurance
$161
Climate risks
Neighborhood: Ballenger
Nearby schools
GreatSchools rating
- 3/10Bean Elementary SchoolGrades: 1-5Distance: 0.6 mi
- 2/10Slaton Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Monterey High SchoolGrades: 9-12Distance: 1.9 mi
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