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Days50Days on Market
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$1,000,000

10108 Englewood Avenue, Lubbock, TX, 79424

On MarketInfo
CommercialInfo
Beds16 Beds
Baths16 Bath
Baths2,454 Sq Ft
Multi FamilyMulti Family
price_per_sqft$407.5 / sqft
Year BuiltBuilt in 2001

Highlights

Interior

Bedrooms 16Bedrooms 16
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,483 sqft

Building Information

Year Built2001
Roof Type105
Garage Spaces4

Land Information

APNR161517
Lot Number1660
SubdivisionMeadows South
Land UseResidential
Legal DescriptionMEADOWS SOUTH L 166
Census Tract010509
Assessed Land Value$24,092
Assessed Improvement Value$228,435
Assessment Year2025

About this property

Rare opportunity to acquire a diversified portfolio of income-producing duplexes in highly desirable Lubbock locations. This package includes multiple well-maintained duplexes featuring 2-bedroom, 2-bathroom, 2-car garage units. These properties offer functional, tenant-friendly floorplans with open living areas, fireplaces, and private outdoor spaces. Each unit is separately metered and designed for ease of management, making this portfolio ideal for investors seeking operational efficiency and scalability. The properties are currently income-producing with a strong rental history, offering immediate cash flow.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$0Estimated Mortgage Balance
$205,999Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

Interested in this property?

Lauren Egert

Reside Real Estate Co.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,114
$252,527
2025
$24,092
$228,435
$252,527
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,114
$252,527

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Stand Alone Second / Subordinate Position
$17,700
No
First
Nov 23, 2004
Dec 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,001
$205,999
73%
27%
$956/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lubbock

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