# 2506 40th Street, Lubbock, TX 79413

> **TL;DR:** 3bd/2ba residential multi family, $125,000 ($120/sqft), built 1950, 1,041 sqft.
> A/C. Est. $668/mo. Listed 108 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $125,000 |
| Price/sqft | $120 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,041 |
| Year Built | 1950 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 108 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $632 |
| Estimated Insurance | $36 |
| **Total** | **$668** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1950
- 0.18 acre lot

## Description

### Agent 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.

## Location

- **Address:** 2506 40th Street, Lubbock, TX 79413
- **County:** Lubbock
- **Coordinates:** 33.558111, -101.871013
- **Google Maps:** https://www.google.com/maps?q=33.558111,-101.871013

## Listing Agent

- **Name:** Mike Hagler · **License:** 0827224
- **Brokerage:** Brick & Loft Realty
- **Broker Phone:** 8065006665
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2506-40th-St_Lubbock_TX_79413_M70733-81904?f=listhub&s=LAORTX&m=202609491&c=propsimple)

## Photos

![2506 40th Street - Photo 1](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f2593561027r.jpg)

![2506 40th Street - Photo 2](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f1367866689r.jpg)

![2506 40th Street - Photo 3](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f2343340494r.jpg)

![2506 40th Street - Photo 4](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f280797632r.jpg)

![2506 40th Street - Photo 5](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f1222975620r.jpg)

![2506 40th Street - Photo 6](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f3061960503r.jpg)

![2506 40th Street - Photo 7](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f206197185r.jpg)

![2506 40th Street - Photo 8](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f149486291r.jpg)

![2506 40th Street - Photo 9](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f2545439752r.jpg)

![2506 40th Street - Photo 10](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f1338363897r.jpg)

![2506 40th Street - Photo 11](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f1260472814r.jpg)

![2506 40th Street - Photo 12](http://lh.rdcpix.com/81feb7bf487212a11cc94b54c986eefdl-f2860307161r.jpg)

---

**MLS#:** 202609491 | **Updated:** 2026-10-22
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/2506-40th-street-lubbock-tx-79413-655f2ba6d4f046b1801e538e29975658)

---

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