2506 40th Street, Lubbock, TX 79413
- Beds
- 3
- Baths
- 2
- Sqft
- 1,041
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Welcome to 2506 40th Street, a versatile income-producing property in the heart of Lubbock! This gem features a 2 bed / 1 bath main house PLUS an efficiency apartment on the west side, giving you two rentable units on one lot.
Steady Cash Flow Locked In - Both units are leased through July 2026, with the main house bringing in $1,000/mo and the efficiency unit at $500/mo. That's $1,500/month guaranteed income from day one!
Shared Backyard Space - Tenants enjoy a private, fenced backyard perfect for pets, BBQs, and downtime.
Central Location - Quick access to Texas Tech, hospitals, and all the shopping/dining Lubbock has to offer, making this a high-demand rental year after year.
Whether you're looking to expand your portfolio or snag your first investment property, this one checks every box:
Dual income streams
Leases in place until mid-2026
Prime central Lubbock location
Don't wait — properties like this move fast. Schedule your showing today and lock in your next investment win!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 3
- Number of bathrooms
- 2
- Square feet
- 1,041
- Lot size (acres)
- 0.18
- Year built
- 1950
Utilities
- Heating
- Other
- Cooling
- Ceiling fan(s), Other
Taxes
- Tax Annual Amount
- $1,667
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Lubbock Association of Realtors MLS®#: 202559596 Last checked: …
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