7320 1st Street, Lubbock, TX 79416
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7320 1st Street, Lubbock, TX 79416
7320 1st Street, Lubbock, TX 79416
7320 1st Street, Lubbock, TX 79416
7320 1st Street, Lubbock, TX 79416
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Elizabeth Simmons

Elizabeth Simmons

+1(806) 243-3004
$ 185,000
Est. payment /mo
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7320 1st Street Lubbock, TX 79416

6 Beds

2 Baths

2,285 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,285 sqft

Price per Sqft $80

MLS Listing ID 202611827

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1975

Annual Tax Amount $911

Lot Size 0.850 Acres

Acres 0.85

Property Sub-Type Duplex

Source Lubbock Association of REALTORS®

Property Description

Rare opportunity to own a fully occupied duplex in highly desirable Frenship ISD. Both unites are idental 3/1 layouts on current 12 month leases delivering an impressive gross yield. Separate electric meters. On water well & septic-no water or sewer bills for tenants. One unit enjoys a private fenced and landscaped yard-cozy outdoor space. The .85 acre lot is a standout feature providing abundant parking and workspace for tenants needing room for vehicles, outdoor storage, and equipment. This unique oversized lot sets it apart from typical duplexes. Perfect for investors seeking strong cash flow.

Location

State TX

County Lubbock

Area 8

Rooms

Basement Basement

Interior

Interior Features Ceiling Fan(s), Formica Counters

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Combination, Laminate

Fireplace No

Window Features Aluminum Frames,Window Coverings

Appliance Electric Range

Laundry Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Exterior

Exterior Feature Private Entrance

Parking Features Additional Parking, Carport, Circular Driveway, Detached Carport, Driveway, RV Access/Parking

Carport Spaces 4

Fence Fenced, See Remarks

Utilities Available Electricity Connected, Natural Gas Available, Water Connected

Roof Type Composition

Porch Front Porch

Building

Lot Description Landscaped

Foundation Pillar/Post/Pier, Raised

Sewer Septic Tank

Water Well

New Construction No

Schools

Elementary Schools Willow Bend

Middle Schools Terra Vista

High Schools Frenship

Others

Tax ID R81315

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Exit Realty of Lubbock
Elizabeth Simmons

Elizabeth Simmons

Broker Associate | License ID: 0697101

+1(806) 243-3004

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7320 1st Street