2302 40th Street, Lubbock, TX 79412

Lubbock
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
2302 40th Street,Lubbock, TX 79412
$150,000
  • 4 Beds
  • 2 Baths
  • 1,586 sq. ft.
  • Multi-family
  • Active
Listed by: houston garrett
Office: keller williams realty
MLS#:202609061
Source:TX_LAR

Price summary

  • Price:$150,000
  • Price per sq. ft.:$94.58

About this home

Excellent opportunity just off University Avenue for investors seeking a fully leased duplex in Lubbock's high-demand rental market. Both Unit A and Unit B are leased at $749 per month, providing immediate rental income from day one. Each side features a functional 2-bedroom, 1-bath layout with its own private fenced backyard and dedicated off-street parking. Conveniently located just minutes from Texas Tech, UMC, Covenant, shopping, dining, and major employment centers, this property offers stable cash flow and a prime location with strong long-term investment potential.

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Home facts

  • Year built:1975
  • Listing ID #:202609061
  • Added:50 day(s) ago
  • Updated:August 22, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:vinyl
  • Living area:1,586 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1975
  • Building area:1,586 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Landscaped
  • Construction Materials:Brick
  • Foundation Description:Slab

Schools

  • High school:Monterey
  • Middle school:Slaton
  • Elementary school:Brown

Utilities

  • Water:PUBLIC
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$150,000
  • Price per sq. ft.:$94.58
  • Tax amount:$2,340

Features and amenities

  • Appliances:Electric Oven

Parking

  • Parking description:Concrete
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