About This Home

This 3-bedroom, 2-bathroom residential multi family at 2506 40th Street in Lubbock, TX is listed for $125,000 ($120 per sqft). Built in 1950, the home offers 1,041 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1950
  • 0.18 acre lot

Property Details

2 full
1950

Amenities

A/C
Listing Description

Immediate cash flow opportunity now on market. 2 unit residential income property with tenants in place through summer 2026. Main unit is a 2 bedroom 1 bathroom home, and efficiency unit is a 1 bedroom, 1 bathroom. Total rent is $1,600 according to current lease agreements.

Monthly Cost Estimate

$669/mo

20% down · 6.5% · 30 years

Principal$90
Interest$542
Insurance$36

Estimates only. Actual payments may vary.

Location

2506 40th Street

Lubbock, TX 79413

Property Details

Flooring

Vinyl

Construction

Vinyl Siding

Parking

DrivewayOn Street

Cooling

Ceiling Fan(s)

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 2506 40th Street is listed at $125,000 ($120/sqft). The estimated monthly payment is $668 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.18 acre lot.

This property is listed by Mike Hagler.

MH

Mike Hagler

License 0827224

Agent at Brick & Loft Realty

Listed by Brick & Loft Realty · Broker phone: 8065006665 · View on Broker Site

MLS# 202609491· Source: Lubbock Association of Realtors· 107 days on PropertySimple

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.

2506 40th Street, Lubbock, TX 79413

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