Skip main navigation
Pending
    • Price increase: $25K (6/22)
    $124,980

    206 Avenue S, Lubbock, TX 79415

    3beds
    1,132sqft
    : 
    Loading
    Get pre-qualified
    Multi Family
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $110/sqft
    $-- HOA

    What's special

    Great Investment opportunity near Texas Tech University. This property has 2 rent producing homes. The front house is a 2/1 with a section 8 tenant that pays $913 a month. The back house is a 1/1 that pays $600 a month.
    159 days
    |
    67
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jana Lowdermilk TREC #0715831 806-928-5767,

    Jerry J. Kitten Broker

    Source: LBMLS,MLS#: 202601405MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Features
      • Formica Counters
      • Has fireplace: No
      Interior area
      • Total structure area: 1,132
      • Total interior livable area: 1,132 sqft
      • Finished area above ground: 1,132

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Exterior features: None
      Lot
      • Size: 6,098 Square Feet
      Details
      • Parcel number: R47055

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Asbestos
      • Foundation: Pillar/Post/Pier
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1949

      Community & HOA

      Community
      • Security: None
      Location
      • Region: Lubbock

      Financial & listing details

      • Price per square foot: $110/sqft
      • Tax assessed value: $77,318
      • Annual tax amount: $994
      • Date on market: 2/2/2026
      • Cumulative days on market: 159 days
      • Listing terms: Cash,Conventional
      • Tenant pays: All Utilities
      • Road surface type: All Weather

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $986/mo

        Price history

        DateEventPrice
        6/24/2026Pending sale$124,980$110/sqft
        Source: LBMLS #202601405 Report a problem
        6/22/2026Price change$124,980+25%$110/sqft
        Source: LBMLS #202601405 Report a problem
        4/9/2026Price change$99,980-13%$88/sqft
        Source: LBMLS #202601405 Report a problem
        2/2/2026Price change$114,980-6.9%$102/sqft
        Source: LBMLS #202555094 Report a problem
        12/15/2025Price change$123,500-3.9%$109/sqft
        Source: LBMLS #202555094 Report a problem
        9/4/2025Price change$128,500-0.8%$114/sqft
        Source: LBMLS #202555094 Report a problem
        5/22/2025Listed for sale$129,500+119%$114/sqft
        Source: LBMLS #202555094 Report a problem
        4/9/2015Listing removed$60,000$53/sqft
        Source: Kearney & Associates, REALTORS #201500092 Report a problem
        1/7/2015Listed for rent$60,000$53/sqft
        Source: Kearney & Associates, REALTORS #201500092 Report a problem
        11/10/2011Listing removed$59,125$52/sqft
        Source: Real Living #9982694 Report a problem
        12/3/2010Price change$59,125-7.8%$52/sqft
        Source: Systems Engineering, Inc. #9968558 Report a problem
        8/28/2010Listed for sale$64,125$57/sqft
        Source: Systems Engineering, Inc. #9968558 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,162 +16.9%$65,671 -18%
        2024$994 +17.2%$80,067 +71.5%
        2023$848 -10.3%$46,676
        2022$945 +19.4%$46,676 +25.4%
        2021$791 +31.7%$37,212 +32.6%
        2020$601 -23.8%$28,061 -22.6%
        2019$788 +11.7%$36,260 +10.7%
        2018$706 $32,744 +4.2%
        2017$706 +13.4%$31,414 +8.9%
        2016$623 $28,851 +0.1%
        2015$623 $28,818 +2.9%
        2014$623 $28,000
        2013-- $28,000 +7.7%
        2012-- $26,000 -2.9%
        2011-- $26,780
        2010-- $26,780
        2009-- $26,780 +11.6%
        2008-- $24,000 +20%
        2007-- $20,000 -8.5%
        2006-- $21,857
        2005-- $21,857
        2004-- $21,857
        2003-- $21,857 -3.3%
        2002$561 +20.4%$22,607 +20.2%
        2001$465 +0.7%$18,801
        2000$462 $18,801
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Jackson-Mahon

        Getting around

        64 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Lubbock Topics

              Search
              Updates
              Favorites
              Plan
              Inbox