1310 54th St Lubbock, TX 79412
Property details
About 1310 54th St
Investment Opportunity: 8-Unit All-Bills-Paid Apartment Building. Discover the potential of this brick-built 8-unit apartment complex, located in a transitional neighborhood offering tremendous upside for the right investor. Each unit features a one-bedroom, one-bath layout, with some units boasting modern updates while others await a creative touch. This property is all bills paid, making it an attractive option for tenants and an excellent opportunity for an investor willing to take a hands-on approach. While the building has some deferred maintenance, it provides a chance to increase equity through thoughtful improvements and management. The property's manageable size and straightforward layout are ideal for an owner-operator who's ready to roll up their sleeves and capitalize on its potential. Whether you're looking to start or expand your rental portfolio, this building offers the foundation for consistent income and long-term growth. Schedule a showing today!
Highlights
Summary
- MLS Number: 202417063
- MLS Name: Lubbock
- Office Name: Lubbock Select Realty
- Listing Agent: Tiffany Cook
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Last updated on: 1/30/2025, 10:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$395,000
1310 54th St
$4,691
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $305,707 | $5,016 |
| 2023 | $269,880 | $4,493 |
| 2022 | $221,983 | $4,493 |
| 2021 | $189,145 | $4,023 |
| 2020 | $187,238 | $4,009 |
| 2019 | $143,539 | $3,222 |
| 2018 | $143,539 | $3,222 |
| 2017 | $139,626 | $3,054 |
History based on county public records data.
Nearby schools
3
Harwell Elementary School
Public District PK-5
1.4 mi
•4101 Avenue D
4
Ervin Elementary School
Public Charter PK-5
1.6 mi
•1802 E 28th St
5
Hodges Elementary School
Public Charter PK-5
1.8 mi
•5001 Avenue P
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,630. Most Lubbock, TX residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
NHRA Drag Racing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Big Lots
Books-a-Million
Where do the neighbors go to eat?
Wingstop
Golden Corral
Church's Chicken
What do the neighbors drive?
Nissan
Kia
Chevrolet
What do the neighbors listen to?
Christian Adult Contemporary
Adult Standards
Urban Adult Contemporary
This home is located at 1310 54th St in Lubbock, TX and zip code 79404. This 5,472 square foot home, which was built in 1972, sits on a 0.33 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $395,000.
The number of homes for sale in Lubbock, TX decreased by 16.5% between January and February 2025. Listings spent 96 days on the market in February 2025, and had a median list price of $244,520 during the same period.