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Days381Days on Market
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$374,999

1411 24th St, Lubbock, TX, 79411

On MarketInfo
CommercialInfo
Beds9 Beds
Baths5 Bath
Baths3,404 Sq Ft
Multi FamilyMulti Family
price_per_sqft$110.16 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms 9Bedrooms 9
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Gas Water Heater

Exterior

Exterior FeaturesPrivate Entrance
Lot Size6,500 sqft

Building Information

Year Built1947
Roof Type114
Garage Spaces256

Land Information

APNR104627
Lot Number40
SubdivisionArnett D N
Land UseResidential
Legal DescriptionARNETT D N BLK 2 L 4
Census Tract001300
Assessed Land Value$1,000
Assessed Improvement Value$102,787
Assessment Year2025

About this property

Don"t miss out on this income producing opportunity. This has a single family home in the front that rents for $1595 6/2/1 and a triplex in the rear 2/1, 1/1 and a studio/efficiency that rents for $2265. This one will make you money right out of the gate. Give me a call to schedule your showing.

Investor Tools

Property Icon
$263,000
Estimated Property Value
$0Estimated Mortgage Balance
$263,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Jana Lowdermilk

Jerry J. Kitten Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,479
$103,787
2025
$1,000
$102,787
$103,787
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,479
$103,787

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$263,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,425/mo
N/A
+$1,425/mo
6.5%

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.

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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1411 24th St | Property Details | No Agent List