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$260,000

1308 Ave Q, Lubbock, TX, 79401

Off MarketInfo
LeaseInfo
CommercialInfo
Baths0 Bath
Baths6,570 Sq Ft
OfficeOffice

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,694 sqft

Building Information

Year Built1953

Land Information

APNR136439
Lot Number3
SubdivisionOverton
Land UseIndustrial
Legal DescriptionOVERTON BLK 10 S/2 OF L 2 & N45'OF 3
Census Tract000607
Assessed Land Value$32,081
Assessed Improvement Value$227,919
Assessment Year2025

About this property

High traffic & visible location just off Broadway in the downtown TIF area. This office/flex space offers a very functional layout with 7 offices, a conference area and open work space plus a break room. Would make a great medical office space or could be altered for a retail environment. Call, text or email for more information!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,481
$260,000
2025
$32,081
$227,919
$260,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,481
$260,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Commercial
$760,500
No
First
Apr 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$745,967
N/A
0%
287%
$4,560/mo

Learn About the Market: Opportunity in Texas

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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.

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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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1308 Ave Q | Property Details | No Agent List