Multifamily Investment Property — 1901 15th Street, Lubbock, TX This multifamily property features three separate homes, each offering two bedrooms and one bathroom. With three individual rental units, this property provides a strong opportunity for consistent rental income and portfolio growth. The property currently generates a total of $2,250 per month in rental income. 1901 15th Street is being offered as part of a $2.2 million real estate portfolio and will not be separated or sold individually.
For sale
$225,815
1901 15th St, Lubbock, TX 79401
6beds
2,209sqft
Multi Family
Built in 1934
-- sqft lot
$198,800 Zestimate®
$102/sqft
$-- HOA
What's special
- 76 days
- 79
- 0
Zillow last checked:
Listing updated:
Listed by:
Chris Carter TREC #0817825 806-500-5599,
The 32:18 Management Group
Source: LBMLS,MLS#: 202609786
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Central Air
Interior area
- Total structure area: 2,209
- Total interior livable area: 2,209 sqft
- Finished area above ground: 2,209
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: R26692
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1934
Community & HOA
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $203,415
- Annual tax amount: $3,599
- Date on market: 7/16/2026
- Cumulative days on market: 79 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Asphalt
Estimated market value
$198,800
$187,000 - $215,000
$1,002/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $225,815$102/sqft |
Source:  LBMLS #202609786 Report a problem | ||
| 11/15/2025 | Listing removed | $850 |
Source: Zillow Rentals Report a problem | ||
| 7/2/2025 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,599 -2.6% | $203,415 |
| 2024 | $3,694 +9.8% | $203,415 +12.3% |
| 2023 | $3,366 +5.2% | $181,062 +14.6% |
| 2022 | $3,198 +20% | $157,986 +26% |
| 2021 | $2,666 -0.7% | $125,345 |
| 2020 | $2,684 +6.3% | $125,345 +7.9% |
| 2019 | $2,525 +82.1% | $116,116 +88.3% |
| 2018 | $1,386 | $61,677 |
| 2017 | $1,386 -29.6% | $61,677 +2.2% |
| 2016 | $1,969 | $60,329 -2.2% |
| 2015 | $1,969 | $61,677 -30.4% |
| 2014 | $1,969 | $88,555 -1.5% |
| 2013 | -- | $89,909 +2.8% |
| 2012 | -- | $87,420 |
| 2011 | -- | $87,420 |
| 2010 | -- | $87,420 |
| 2009 | -- | $87,420 |
| 2008 | -- | $87,420 +81.3% |
| 2007 | -- | $48,222 +16.8% |
| 2006 | -- | $41,271 -28.4% |
| 2005 | -- | $57,674 |
| 2004 | -- | $57,674 |
| 2003 | -- | $57,674 +82.1% |
| 2002 | $785 +0.2% | $31,673 |
| 2001 | $784 +0.7% | $31,673 |
| 2000 | $778 | $31,673 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Overton
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