For sale

$170,000

302 Avenue U, Lubbock, TX 79415

4beds

1,865sqft

$1,319/mo

Get pre-qualified

Triplex, Multi Family

Built in 1951

-- sqft lot

$159,100 Zestimate^®

$91/sqft

$-- HOA

What's special

Brand new paint

Over the 1% RULE at $2,150 in rent! This 3 unit property offers a 2/1 to be rented at $850/month and two 1/1's renting for $650/month. Each unit comes with brand new paint, light fixtures, countertops, and flooring. Close to Texas Tech and perfect for students. Schedule your showing today!

55 days
175
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Features

Ceiling Fan(s)
Flooring: Vinyl

Interior area

Total structure area: 1,865
Total interior livable area: 1,865 sqft
Finished area above ground: 1,865

Property

Parking

Parking features: Additional Parking, On Street
Has uncovered spaces: Yes

Lot

Size: 6,969 Square Feet

Details

Parcel number: R41315

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Triplex, Multi Family

Materials

Masonite
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

New construction: No
Year built: 1951

Community & HOA

Community

Security: See Remarks

Location

Region: Lubbock

Financial & listing details

Price per square foot: $91/sqft
Tax assessed value: $59,988
Annual tax amount: $1,061
Date on market: 7/10/2026
Cumulative days on market: 55 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$159,100

$151,000 - $167,000

$1,061/mo

Price history

Date	Event	Price
7/10/2026	Listed for sale	$170,000-8.1%$91/sqft
Source: LBMLS #202609436 Report a problem
6/5/2026	Listing removed	$185,000$99/sqft
Source: LBMLS #202563406 Report a problem
4/21/2026	Price change	$185,000-11.9%$99/sqft
Source: LBMLS #202563406 Report a problem
3/16/2026	Price change	$210,000-4.5%$113/sqft
Source: LBMLS #202563406 Report a problem
11/24/2025	Listed for sale	$220,000+51.7%$118/sqft
Source: LBMLS #202563406 Report a problem
4/8/2025	Listing removed	$145,000$78/sqft
Source: LBMLS #202413023 Report a problem
10/24/2024	Price change	$145,000-3.3%$78/sqft
Source: LBMLS #202413023 Report a problem
9/12/2024	Listed for sale	$150,000$80/sqft
Source: LBMLS #202413023 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,061 -31.2%	$59,988 -29.4%
2024	$1,543 +24.4%	$84,974 +27.4%
2023	$1,240 -8.2%	$66,708
2022	$1,350 +4.5%	$66,708 +9.8%
2021	$1,293 +86.8%	$60,777 +88.1%
2020	$692 -1.5%	$32,310
2019	$703 -3.3%	$32,310
2018	$726	$32,310
2017	$726 +1.4%	$32,310
2016	$716	$32,310 +0.3%
2015	$716	$32,213
2014	$716	$32,213
2013	--	$32,213
2012	--	$32,213
2011	--	$32,213
2010	--	$32,213
2009	--	$32,213
2008	--	$32,213 -15.3%
2007	--	$38,037
2006	--	$38,037
2005	--	$38,037
2004	--	$38,037
2003	--	$38,037 +83.1%
2002	$515 +0.2%	$20,773
2001	$514 +0.7%	$20,773
2000	$510	$20,773