4423 31st Street, Lubbock, TX 79410

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4423 31st Street,Lubbock, TX 79410
$190,000
  • 4 Beds
  • 2 Baths
  • 2,003 sq. ft.
  • Single family
  • Active
Listed by:jordan linnenkugel
Office:keller williams realty
MLS#:202555271
Source:TX_LAR

Price summary

  • Price:$190,000
  • Price per sq. ft.:$94.86

About this home

This value-packed duplex at 4423 31st St in Lubbock offers immediate income with room for upside. One side is currently leased through July 2025 at $885/month, while the other side is vacant and ready to lease at the same projected rate. Each unit includes 2 bedrooms and 1 bath, combining for an estimated $21,240 in annual income—yielding an impressive 11.18% CAP Rate and ROI. Located just minutes from Texas Tech and situated in a popular rental corridor just across the street from a middle school, this duplex is a strong performer for buy-and-hold investors. Features include covered parking, separate private entrances, and durable brick construction that keeps maintenance low. Zoned in a high-demand area with proven rental history, this property is priced competitively under market value. It can be purchased individually or as part of a rare 6-property investment portfolio that also includes 6313 23rd St, 6315 24th St, 6210 22nd St, 6212 22nd St, and neighboring duplex 4425 31st St.

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Home facts

  • Year built:1960
  • Listing Id #:202555271
  • Added:94 day(s) ago
  • Updated:August 27, 2025 at 02:49 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,003 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1960
  • Building area:2,003 sq. ft.
  • Lot area:0.22 Acres

Schools

  • High school:Coronado
  • Middle school:Mackenzie
  • Elementary school:Overton

Finances and disclosures

  • Price:$190,000
  • Price per sq. ft.:$94.86
  • Tax amount:$3,175
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