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Days141Days on Market
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$2,000

4905 Memphis Ave, Lubbock, TX, 79413

On MarketInfo
Baths2,701 Sq Ft
WarehouseWarehouse
price_per_sqft$0.74 / sqft
Year BuiltBuilt in 1970

Exterior

Lot Size11,625 sqft

Building Information

Year Built1970

Land Information

APNR103605
Lot Number24
SubdivisionMurryhill
Land UseIndustrial
Legal DescriptionMURRYHILL N77.5'OF S197.5'OF L 204B
Census Tract001906
Assessed Land Value$46,500
Assessed Improvement Value$20,460
Assessment Year2025

About this property

Now here is an opportunity to lease an incredible two story tall ceiling warehouse. Conveniently located off of 50th St and Memphis Avenue in central Lubbock, this building is prime for any automotive related business, warehouse, or construction company. If you need tall ceilings, this is it! The second floor could even be finished to add for more space.

Investor Tools

Property Icon
$66,960
Estimated Property Value
$0Estimated Mortgage Balance
$66,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$402 /month
Positive
Cash Flow Estimate:
$134 /month

Interested in this property?

Jarrett Thornton

Jarrett Thornton

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,221
$66,960
2025
$46,500
$20,460
$66,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,221
$66,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$66,960
100%
0%
$0/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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