Investment Property for Sale — 1903 15th Street, Lubbock, TX This updated duplex offers two bedrooms and two-and-a-half bathrooms on each side, providing a total of four bedrooms and five bathrooms. The property is currently generating $2,450 per month in gross rental income, and the tenants pay their own utilities. Central heating and air, off-street parking, and a convenient location near Texas Tech make this a strong income-producing property. This property is being sold as part of a $2.2 million real estate portfolio and will not be separated or sold individually.
For sale
$343,000
1903 15th St, Lubbock, TX 79401
4beds
4,006sqft
Multi Family
Built in 2012
-- sqft lot
$313,200 Zestimate®
$86/sqft
$-- HOA
What's special
Central heating and airOff-street parking
- 31 days |
- 67 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Chris Carter TREC #0817825 806-500-5599,
The 32:18 Management Group
Source: LBMLS,MLS#: 202609793
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Central
Cooling
- Central Air
Interior area
- Total structure area: 4,006
- Total interior livable area: 4,006 sqft
- Finished area above ground: 4,006
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: R26713
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2012
Community & HOA
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $313,386
- Annual tax amount: $5,545
- Date on market: 7/16/2026
- Cumulative days on market: 32 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Asphalt
Estimated market value
Zestimate®
$313,200
Estimated sales range
$298,000 - $329,000
Rent Zestimate®
$1,555/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $343,000$86/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,545 -2.6% | $313,386 |
| 2024 | $5,691 -2.8% | $313,386 -0.5% |
| 2023 | $5,854 +1.9% | $314,903 +11% |
| 2022 | $5,742 +16.4% | $283,629 +22.3% |
| 2021 | $4,931 -2.2% | $231,849 -1.5% |
| 2020 | $5,042 +2.6% | $235,425 -15.5% |
| 2019 | $4,915 -2.8% | $278,633 +27.3% |
| 2018 | $5,058 | $218,916 -2.7% |
| 2017 | $5,058 +9.4% | $224,999 +2.4% |
| 2016 | $4,621 | $219,824 -0.2% |
| 2015 | $4,621 | $220,301 +6% |
| 2014 | $4,621 | $207,839 +1.4% |
| 2013 | -- | $205,000 +10150% |
| 2012 | -- | $2,000 |
| 2011 | -- | $2,000 |
| 2010 | -- | $2,000 |
| 2009 | -- | $2,000 -96% |
| 2008 | -- | $50,598 +3.9% |
| 2007 | -- | $48,713 +5.1% |
| 2006 | -- | $46,342 -7% |
| 2005 | -- | $49,804 -3.8% |
| 2004 | -- | $51,796 +62.8% |
| 2003 | -- | $31,812 +17.7% |
| 2002 | $670 -12% | $27,025 -12.2% |
| 2001 | $762 +9.6% | $30,779 +8.9% |
| 2000 | $695 | $28,276 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Overton
Nearby schools
GreatSchools rating
- 7/10Ramirez Charter SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Hutchinson Middle SchoolGrades: 6-8Distance: 1.6 mi
- 6/10Lubbock High SchoolGrades: 9-12Distance: 0.3 mi
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