For sale

Price cut: $5K (8/11)

$175,000

3002 1st Pl, Lubbock, TX 79415

6beds

1,975sqft

$1,394/mo

Get pre-qualified

Duplex, Multi Family

Built in 1938

-- sqft lot

$167,700 Zestimate^®

$89/sqft

$-- HOA

What's special

Spacious duplex

Fantastic multi-family investment opportunity offering excellent income potential! Renovated in 2026, this versatile property features a spacious duplex with two 3-bedroom, 2-bath units, that are both currently tenant occupied at $825 per month. The recent renovation provides fresh, updated finishes and added appeal while helping minimize maintenance. Conveniently located near Texas Tech University, University Medical Center, downtown Lubbock, shopping, dining, and major thoroughfares, this property is positioned in an area with strong rental demand. Whether you're expanding your investment portfolio or looking to live in one unit while leasing the other, this duplex offers exceptional flexibility and long-term value. Buyer to verify all measurements, schools, and permitted uses.

77 days
260
18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Other

Cooling

Central Air

Features

Pantry
Flooring: Other

Interior area

Total structure area: 1,975
Total interior livable area: 1,975 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Additional Parking, Other

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 6,560 Square Feet

Details

Parcel number: 0000

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Other
Foundation: Slab
Roof: Composition

Condition

Year built: 1938

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available

Community & HOA

Community

Subdivision: Maddox Blk 18 L 10 & 11

HOA

Has HOA: No

Location

Region: Lubbock

Financial & listing details

Price per square foot: $89/sqft
Tax assessed value: $142,550
Annual tax amount: $2,522
Date on market: 7/3/2026
Cumulative days on market: 79 days

Estimated market value

$167,700

$159,000 - $176,000

$1,084/mo

Price history

Date	Event	Price
8/11/2026	Price change	$175,000-2.8%$89/sqft
Source: NTREIS #21320133 Report a problem
8/3/2026	Price change	$180,000-1.4%$91/sqft
Source: NTREIS #21320133 Report a problem
7/21/2026	Price change	$182,500-1.4%$92/sqft
Source: NTREIS #21320133 Report a problem
7/3/2026	Listed for sale	$185,000$94/sqft
Source: NTREIS #21320133 Report a problem
11/6/2007	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,522 +15.6%	$142,550 +18.6%
2024	$2,183 -0.1%	$120,205 +2.2%
2023	$2,186 -8.2%	$117,576
2022	$2,380 +83.5%	$117,576 +92.8%
2021	$1,297 -0.7%	$60,997
2020	$1,306 +51.6%	$60,997 +53.9%
2019	$862 -3.3%	$39,633
2018	$891	$39,633
2017	$891 +0.8%	$39,633
2016	$884	$39,633 -0.3%
2015	$884	$39,749
2014	$884	$39,749
2013	--	$39,749
2012	--	$39,749
2011	--	$39,749
2010	--	$39,749
2009	--	$39,749
2008	--	$39,749 +10.3%
2007	--	$36,052 +58.5%
2006	--	$22,750 +10%
2005	--	$20,682 +10%
2004	--	$18,802 -47.8%
2003	--	$36,052 +132%
2002	$144 +0.5%	$15,539
2001	$144 -62.4%	$15,539
2000	$382	$15,539