$150,000

2302 40th Street, Lubbock, TX 79412

4 beds |
2 baths |
1,586 sqft

Duplex
Built in 1975
8,276sqft lot
—— car garage
$95/sqft
Listed 2 months ago

Property Description

Turn-key duplex located just off University Ave with quick access to Texas Tech, medical centers, and local amenities. Each side offers a functional 2-bedroom, 1-bath layout with private fenced backyards, ideal for tenants seeking personal outdoor space. Dedicated off-street parking provides added convenience for both units. Currently fully leased, this property offers immediate cash flow for an investor looking for strong rental performance in a prime Lubbock location. Minutes from Texas Tech, UMC, Covenant, and major shopping corridors, this duplex sits in the heart of a high-demand rental market. Excellent opportunity to add a stable, income-producing property to your portfolio.

Listing Status:: Active
Date Added:: September 19, 2025 at 05:00AM
Listing Office:: Keller Williams Realty : 806-771-7710
Listing Agent:: Houston Garrett : 806-544-7343
MLS ID:: 202560706

General: Ceiling Fan(s)
Appliances: Electric Oven
Flooring: Vinyl
A/C: Central AirCeiling Fan(s)
Heating: Central

Parking: Concrete

Roofing: Composition
General: BrickSlab

Road/Access: City Street
Originating MLS: Lubbock Association of REALTORS®
County: Lubbock

Zoning: Wolverton Blk 1 L 18R30270
Fencing: Fenced

Utilities: Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected
Water: Public
Sewer: Public Sewer

Source: Lubbock Association of REALTORS®

This listing courtesy of Houston Garrett, Keller Williams Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Brown Elementary School

2315 36th St, Lubbock, TX, 79412

Grades PK-5

0.23 miles away

O. L. Slaton Middle School

1602 32nd St, Lubbock, TX, 79411

Grades 6-8

0.89 miles away

Monterey High School

3211 47th St, Lubbock, TX, 79413

Grades 9-12

1.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.