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4423 31st Street, Lubbock, TX 79410

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For Sale

$190,000

4 beds • 2 baths • 2,003 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $94.86
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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. (the duplex just next door). Don't miss this awesome investment opportunity!
MLS# 202555271

Courtesy Of Keller Williams Realty

(806) 771-7710

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio
  • Exterior Type
    Brick
  • Lot Size
    0.22 Acres

Map and Directions

Directions to 4423 31st Street, Lubbock, TX 79410

Home seller CENTURY 21 Kearney & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Kearney & Associates

(806) 783-0020
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.