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About This Home

This 6-bedroom, 5-bathroom residential multi family at 2320 Colgate Street in Lubbock, TX is listed for $199,000 ($62 per sqft). Built in 1955, the home offers 3,212 sqft of living space on a 0.24 acres lot.

Agent Description

Investment opportunity at 2320 Colgate St., Lubbock, TX 79415. This fully occupied property is generating $3,310 in gross monthly rent and offers immediate income for an investor seeking a stabilized asset. The property is currently 100% occupied, with utilities structured as all bills paid up to $150 per unit. This is a strong opportunity for an investor looking to add a cash-flowing property to their portfolio in an established area of Lubbock.

Key Features

  • Built in 1955
  • 0.24 acre lot

Property Details

5 full
1955

Amenities

A/C

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

2320 Colgate Street

Lubbock, TX 79415

Property Details

Flooring

TileVinyl

Construction

Block Concrete

Parking

Parking Lot

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)Central Air

Questions & Answers

This 6-bedroom, 5-bathroom residential multi family at 2320 Colgate Street is listed at $199,000 ($62/sqft). The estimated monthly payment is $862 based on 20% down at 6.5% interest.

Key features include: Built in 1955, 0.24 acre lot.

This property is listed by Houston Garrett and can be reached at 8065447343 or houston@garrettguarantee.com.

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HG

Houston Garrett

Agent at Keller Williams Realty

(806) 544-7343

Listed by Keller Williams Realty

MLS# 202604240· Source: listhub· Updated 9 days ago

Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2320 Colgate Street, Lubbock, TX 79415

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