Excellent investment opportunity with immediate income and room for additional growth! This triplex currently has two occupied units renting for $850 and $800 per month, providing $1,650 in monthly rental income. The third unit is vacant and ready for a new tenant or potential owner-occupant. With income already in place and the opportunity to lease the remaining unit, this property offers great potential for investors looking to expand their rental portfolio!
For sale
$180,000
2201 23rd St, Lubbock, TX 79411
4beds
1,976sqft
Multi Family
Built in 1947
-- sqft lot
$173,700 Zestimate®
$91/sqft
$-- HOA
What's special
- 13 days
- 206
- 8
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Madison Sutherland TREC #0853397 806-445-7795,
Sutherland, REALTORS,
Jordan Sutherland TREC #0685780 806-773-1929,
Sutherland, REALTORS
Source: LBMLS,MLS#: 202613082
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- Wall/Window Unit(s)
Interior area
- Total structure area: 1,976
- Total interior livable area: 1,976 sqft
- Finished area above ground: 1,976
Property
Parking
- Parking features: Off Street
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: R119878
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1947
Community & HOA
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $157,074
- Annual tax amount: $2,779
- Date on market: 9/22/2026
- Cumulative days on market: 14 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$173,700
$165,000 - $182,000
$973/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Listed for sale | $180,000-7.2%$91/sqft |
Source: | ||
| 9/21/2026 | Listing removed | $194,000$98/sqft |
Source: NTREIS #21320344 Report a problem | ||
| 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
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Neighborhood: Heart of Lubbock
Nearby schools
Schools provided by the listing agent
- Elementary: Wilson
- 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.





