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Pending
  • Price cut: $15K (11/3)
    $255,000

    1621 Avenue Y, Lubbock, TX 79401

    5beds
    2,067sqft
    : 
    $1,860/mo
    Get pre-qualified
    Multi Family
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $123/sqft
    $-- HOA

    What's special

    SHORT SALE - Property is being sold AS-IS and all offers are subject to lender approval. Unique investment opportunity near Texas Tech featuring three separate dwellings on one property! Located approximately a 20-minute walk from Jones AT&T Stadium, the property includes a 3-bedroom, 2-bath main home that has been operating as an Airbnb, plus two 1-bedroom, 1-bath efficiency units. The efficiency units are currently occupied and generate a combined rental income of $1,137 per month. Due to tenant occupancy, the efficiency units will not be available for showings until the property is under contract. With multiple existing income streams and close proximity to Texas Tech, this property offers an opportunity for investors looking to add to their rental portfolio. Buyer to verify all property information, rental information, restrictions, and short-term rental requirements.
    70 days
    348
    20

    Zillow last checked:

    Listing updated:

    Listed by:

    Chelsea Chinworth TREC #0732313 806-549-6416,

    Keller Williams Realty

    Source: LBMLS,MLS#: 202612317MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dryer, Electric Oven, Refrigerator, Washer
      • Laundry: Inside, Main Level
      Features
      • Bookcases, Ceiling Fan(s)
      • Flooring: Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 2,067
      • Total interior livable area: 2,067 sqft
      • Finished area above ground: 2,067

      Property

      Parking
      • Parking features: Alley Access, Driveway
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Front Porch
      • Exterior features: Private Entrance, Private Yard
      • Fencing: Back Yard
      Lot
      • Size: 6,098 Square Feet
      Details
      • Parcel number: R68571
      • Special conditions: Short Sale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1927

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Available, Water Connected

      Community & HOA

      Location
      • Region: Lubbock

      Financial & listing details

      • Price per square foot: $123/sqft
      • Tax assessed value: $191,055
      • Annual tax amount: $3,199
      • Date on market: 9/4/2026
      • Cumulative days on market: 70 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $940/mo

        Price history

        DateEventPrice
        11/7/2026Pending sale$255,000$123/sqft
        Source: LBMLS #202612317 Report a problem
        11/3/2026Price change$255,000-5.6%$123/sqft
        Source: LBMLS #202612317 Report a problem
        9/4/2026Listed for sale$270,000-6.9%$131/sqft
        Source: LBMLS #202612317 Report a problem
        7/24/2026Listing removed$290,000$140/sqft
        Source: LBMLS #202601981 Report a problem
        4/13/2026Price change$290,000-1.7%$140/sqft
        Source: LBMLS #202601981 Report a problem
        4/6/2026Price change$295,000-1.7%$143/sqft
        Source: LBMLS #202601981 Report a problem
        3/6/2026Price change$300,000-1.6%$145/sqft
        Source: LBMLS #202601981 Report a problem
        2/13/2026Listed for sale$305,000+2%$148/sqft
        Source: LBMLS #202601981 Report a problem
        1/6/2026Listing removed$525
        Source: Zillow Rentals Report a problem
        10/2/2025Listed for rent$525-4.5%
        Source: Zillow Rentals Report a problem
        2/1/2025Listing removed$550
        Source: Zillow Rentals Report a problem
        1/7/2025Price change$550-12%
        Source: Zillow Rentals Report a problem
        1/2/2025Listed for rent$625
        Source: Zillow Rentals Report a problem
        11/6/2024Listing removed$625
        Source: Zillow Rentals Report a problem
        10/26/2024Listed for rent$625
        Source: Zillow Rentals Report a problem
        10/5/2024Listing removed$625
        Source: Zillow Rentals Report a problem
        8/30/2024Listed for rent$625-16.7%
        Source: Zillow Rentals Report a problem
        9/6/2022Listing removed--
        Source: LBMLS #202208104 Report a problem
        8/22/2022Listing removed--
        Source: Zillow Rental Network Premium_1 Report a problem
        7/28/2022Pending sale$299,000$145/sqft
        Source: LBMLS #202208104 Report a problem
        7/25/2022Listed for sale$299,000+139.4%$145/sqft
        Source: LBMLS #202208104 Report a problem
        5/13/2022Listed for rent$750
        Source: Zillow Rental Network Premium_1 Report a problem
        7/10/2019Sold--
        Source: Agent Provided Report a problem
        5/29/2019Price change$124,900-24.3%$60/sqft
        Source: Keller Williams Realty #201904830 Report a problem
        2/25/2019Listed for sale$165,000$80/sqft
        Source: Tech Terrace Real Estate #201901706 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $191,055 +5.7%
        2025$3,199 -8.3%$180,768 -5.9%
        2024$3,488 +11.5%$192,055 +14.1%
        2023$3,129 +15.2%$168,335 +25.4%
        2022$2,717 +11.1%$134,206 +16.7%
        2021$2,446 +19.4%$115,000 +20.2%
        2020$2,049 +5.8%$95,678 +7.4%
        2019$1,937 +39.8%$89,062 +12.8%
        2018$1,386 $78,947 +28.1%
        2017$1,386 -7.1%$61,639 +20.9%
        2016$1,491 $50,993 -21.5%
        2015$1,491 $64,947 -3.1%
        2014$1,491 $67,045
        2013-- $67,045
        2012-- $67,045
        2011-- $67,045
        2010-- $67,045 -16.9%
        2009-- $80,681 +36.4%
        2008-- $59,164 +40.5%
        2007-- $42,097 +7.9%
        2006-- $39,000 +31.3%
        2005-- $29,712 -3.7%
        2004-- $30,863 -2.2%
        2003-- $31,556 +34.4%
        2002$582 -11.9%$23,480 -12.1%
        2001$661 +9.5%$26,699 +8.7%
        2000$603 $24,554
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Overton

        Getting around

        78 / 100
        Very Walkable
        41 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ramirez Charter School
        • Middle: Hutchinson
        • High: Lubbock

        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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