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2302 40th Street, Lubbock, TX 79412

Lubbock
Local realty services provided by:CENTURY 21 Kearney & Associates
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 an investor or owner-occupant looking to house hack in a high-demand Lubbock rental market. Unit A has recently been leased at $749 per month, with the tenant scheduled to move in on July 7, giving a new owner income in place from day one. Unit B offers the opportunity for an owner to move in while using the rental income from Unit A to help offset the monthly payment. Each side features a functional 2-bedroom, 1-bath layout with its own private fenced backyard and dedicated off-street parking. Located minutes from Texas Tech, UMC, Covenant, shopping, dining, and major employment centers, this duplex offers flexibility, income potential, and a strong location for both investors and owner-occupants.

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Home facts

  • Year built:1975
  • Listing ID #:202609061
  • Added:2 day(s) ago
  • Updated:July 05, 2026 at 03:21 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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