Exceptional investment opportunity featuring three separate living spaces on one property! Renovated in 2026, this income-producing property includes a beautifully updated 2-bedroom, 1-bath front home along with a rear duplex offering two separate 1-bedroom, 1-bath units. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the others, this property offers outstanding flexibility.
The recent renovation provides modern finishes and updated appeal, helping minimize maintenance while attracting quality tenants. Conveniently located near Texas Tech University, downtown Lubbock, medical facilities, shopping, dining, and major thoroughfares, this property is well-positioned for strong rental demand. With three separate units and multiple income streams, this is a fantastic opportunity for both seasoned investors and those looking to begin building wealth through real estate. Buyer to verify all measurements, schools, and permitted uses.
For sale
Price cut: $5K (8/11)
$194,000
2201 23rd St, Lubbock, TX 79411
5beds
1,976sqft
Triplex, Multi Family
Built in 1947
-- sqft lot
$-- Zestimate®
$98/sqft
$-- HOA
What's special
Modern finishesUpdated appeal
- 48 days |
- 166 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Kensey Chase 0749269 940-231-8775,
Real Broker, LLC 855-450-0442
Source: NTREIS,MLS#: 21320344
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- Window Unit(s)
Features
- Other
- Flooring: Other
Interior area
- Total structure area: 1,976
- Total interior livable area: 1,976 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 8,751 Square Feet
Details
- Parcel number: 0000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Mccrummen 2nd Blk 61 L 1 & E12.5'of 2
HOA
- Has HOA: No
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $157,074
- Annual tax amount: $2,779
- Date on market: 7/3/2026
- Cumulative days on market: 49 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,091/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $194,000-2.5%$98/sqft |
Source: NTREIS #21320344 Report a problem | ||
| 8/3/2026 | Price change | $199,000-2.9%$101/sqft |
Source: NTREIS #21320344 Report a problem | ||
| 7/21/2026 | Listing removed | $850 |
Source: Zillow Rentals Report a problem | ||
| 7/21/2026 | Price change | $205,000-2.4%$104/sqft |
Source: NTREIS #21320344 Report a problem | ||
| 7/8/2026 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
| 7/3/2026 | Listed for sale | $210,000+147.1%$106/sqft |
Source: NTREIS #21320344 Report a problem | ||
| 3/13/2010 | Listing removed | $85,000$43/sqft |
Source: Systems Engineering, Inc. #9969482 Report a problem | ||
| 11/14/2009 | Listed for sale | $85,000$43/sqft |
Source: Systems Engineering, Inc. #9969482 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,779 -17% | $157,074 -14.8% |
| 2024 | $3,350 +14.6% | $184,455 +17.3% |
| 2023 | $2,922 -1.6% | $157,189 +7.1% |
| 2022 | $2,970 +26.1% | $146,721 +32.5% |
| 2021 | $2,356 -2% | $110,773 -1.3% |
| 2020 | $2,404 +13.3% | $112,238 +15% |
| 2019 | $2,122 +3.4% | $97,596 -3.6% |
| 2018 | $2,052 | $101,256 +10.9% |
| 2017 | $2,052 +15.1% | $91,292 +5.1% |
| 2016 | $1,783 | $86,899 +2.5% |
| 2015 | $1,783 | $84,814 +5.8% |
| 2014 | $1,783 | $80,196 |
| 2013 | -- | $80,196 |
| 2012 | -- | $80,196 |
| 2011 | -- | $80,196 |
| 2010 | -- | $80,196 |
| 2009 | -- | $80,196 +6.1% |
| 2008 | -- | $75,580 -1.2% |
| 2007 | -- | $76,464 |
| 2006 | -- | $76,464 +6.4% |
| 2005 | -- | $71,872 +10.6% |
| 2004 | -- | $64,982 +17.1% |
| 2003 | -- | $55,499 +14.2% |
| 2002 | $1,205 -4.5% | $48,602 -4.7% |
| 2001 | $1,262 +4.8% | $50,979 +4% |
| 2000 | $1,204 | $48,998 |
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: Heart of Lubbock
Nearby schools
GreatSchools rating
- NABrown Elementary SchoolGrades: 4-5Distance: 0.9 mi
- 3/10Atkins Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10Monterey High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Wilson
- Middle: Hutchinson
- High: Lubbock
- District: Lubbock ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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