Great investment opportunity with income already in place! The front unit is currently rented for $700 per month, while the vacant back unit offers additional rental-income potential or flexibility for an owner-occupant. This property is an excellent option for investors looking to grow their portfolio or buyers interested in living in one unit while earning income from the other.
For sale
Price cut: $2.5K (10/6)
$102,500
1516 27th St, Lubbock, TX 79411
3beds
1,300sqft
Multi Family
Built in 1943
-- sqft lot
$-- Zestimate®
$79/sqft
$-- HOA
What's special
- 17 days
- 136
- 10
Zillow last checked:
Listing updated:
Listed by:
Madison Sutherland TREC #0853397 806-445-7795,
Sutherland, REALTORS,
Jordan Sutherland TREC #0685780 806-773-1929,
Sutherland, REALTORS
Source: LBMLS,MLS#: 202613084
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Interior area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
- Finished area above ground: 1,300
Property
Parking
- Parking features: Off Street
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: R31222
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1943
Community & HOA
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $62,569
- Annual tax amount: $1,107
- Date on market: 9/22/2026
- Cumulative days on market: 22 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$888/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Price change | $102,500-2.4%$79/sqft |
Source:  LBMLS #202613084 Report a problem | ||
| 9/22/2026 | Listed for sale | $105,000-12.5%$81/sqft |
Source: LBMLS #202613084 Report a problem | ||
| 9/22/2026 | Listing removed | $120,000$92/sqft |
Source: NTREIS #21320356 Report a problem | ||
| 8/12/2026 | Price change | $695-7.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/11/2026 | Price change | $120,000-4%$92/sqft |
Source: NTREIS #21320356 Report a problem | ||
| 8/3/2026 | Price change | $125,000-2%$96/sqft |
Source: NTREIS #21320356 Report a problem | ||
| 7/21/2026 | Price change | $127,500-1.9%$98/sqft |
Source: NTREIS #21320356 Report a problem | ||
| 7/12/2026 | Price change | $750+25%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/6/2026 | Listed for rent | $600-14.3% |
Source: Zillow Rentals Report a problem | ||
| 7/3/2026 | Listed for sale | $130,000+116.7%$100/sqft |
Source: NTREIS #21320356 Report a problem | ||
| 7/17/2025 | Listing removed | $700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2025 | Price change | $700-6.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/31/2025 | Listed for rent | $750+104.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/23/2024 | Sold | -- |
Source: LBMLS #202412300 Report a problem | ||
| 11/7/2024 | Pending sale | $60,000$46/sqft |
Source: LBMLS #202412300 Report a problem | ||
| 10/16/2024 | Listing removed | $366 |
Source: Zillow Rentals Report a problem | ||
| 10/4/2024 | Listed for sale | $60,000-46.3%$46/sqft |
Source: LBMLS #202412300 Report a problem | ||
| 5/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/15/2024 | Price change | $366-26.7% |
Source: Zillow Rentals Report a problem | ||
| 5/9/2024 | Price change | $499+0.8% |
Source: Zillow Rentals Report a problem | ||
| 5/2/2024 | Price change | $495-0.8% |
Source: Zillow Rentals Report a problem | ||
| 3/13/2024 | Price change | $499-9.1% |
Source: Zillow Rentals Report a problem | ||
| 2/28/2024 | Price change | $549-15.5% |
Source: Zillow Rentals Report a problem | ||
| 1/16/2024 | Listed for rent | $650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/27/2023 | Listing removed | -- |
Source: NTREIS #20448869 Report a problem | ||
| 10/6/2023 | Listed for sale | $111,750$86/sqft |
Source: NTREIS #20448869 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,107 -6.4% | $62,569 -3.9% |
| 2024 | $1,183 +12% | $65,120 +14.7% |
| 2023 | $1,055 -5% | $56,779 +3.5% |
| 2022 | $1,111 +21.2% | $54,883 +27.3% |
| 2021 | $917 +30.7% | $43,097 +31.6% |
| 2020 | $702 +21.1% | $32,758 +23% |
| 2019 | $579 +30.2% | $26,638 +25.9% |
| 2018 | $445 | $21,155 +6.9% |
| 2017 | $445 -27.4% | $19,787 +1.1% |
| 2016 | $613 | $19,572 -33.3% |
| 2015 | $613 | $29,363 +6.6% |
| 2014 | $613 | $27,550 +17.3% |
| 2013 | -- | $23,477 |
| 2012 | -- | $23,477 -6.1% |
| 2011 | -- | $25,000 |
| 2010 | -- | $25,000 |
| 2009 | -- | $25,000 -21.1% |
| 2008 | -- | $31,703 +20.4% |
| 2007 | -- | $26,323 |
| 2006 | -- | $26,323 +2.1% |
| 2005 | -- | $25,782 +7.5% |
| 2004 | -- | $23,976 +5.6% |
| 2003 | -- | $22,713 +39.3% |
| 2002 | $404 +0.2% | $16,309 |
| 2001 | $404 +0.7% | $16,309 |
| 2000 | $401 | $16,309 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Slaton-Bean
Nearby schools
Schools provided by the listing agent
- Elementary: Bean
- Middle: Dunbar College Preparatory Academy
- High: Estacado
Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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