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Pending
  • Price cut: $60K (6/3)
    $225,000

    312 E 34th St, Lubbock, TX 79404

    23beds
    10,568sqft
    : 
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    Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $21/sqft
    $-- HOA

    What's special

    Investment Opportunity: Multi-Family Value-Add Portfolio Unlock the Potential of this Diamond in the Rough For the visionary investor, this multi-family package offers the rare chance to revitalize a unique property and create something truly impactful. Located at 312 E 34th, this assembly of homes is the definition of a "value-add" investment, offering immediate rental potential alongside significant long-term upside. Property Highlights: Five Individual 1-Bedroom Houses: These standalone units are nearly rent-ready. With minor finishing touches, they are projected to command between $600-$700 per month each, providing an immediate and steady starting cash flow. One Duplex: A versatile structure currently requiring rehab. Once restored, this duplex will significantly increase the door count and monthly yield of the portfolio. Large Sierra Trails Apartment Building: The centerpiece of the investment, this substantial building spans over 7,600 sq. ft. While it requires a more comprehensive renovation, its scale offers the greatest opportunity for equity growth and high-density rental income. The Opportunity: Offered at $250,000, this Sierra trails portfolio is perfect for an investor looking to build a "buy-and-hold" empire or a developer ready to execute a high-margin "BRRRR" strategy. Don't miss the chance to transform this unique collection of properties into a cornerstone of your portfolio. The footprint is established, the square footage is there, and the upside is waiting for the right buyer. Price: $285,000 Location: 312 E 34th Total Units: 5 Houses + 1 Duplex + 1 Large Apartment Building (18 doors)
    119 days
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    59
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tomas Rodriguez TREC #0787075 361-816-3661,

    Southern Magnolia Real Estate

    Source: LBMLS,MLS#: 202603089MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 23
      • Bathrooms: 10
      • Full bathrooms: 10
      Heating
      • Electric
      Cooling
      • Other
      Features
      • Flooring: Tile
      Interior area
      • Total structure area: 10,568
      • Total interior livable area: 10,568 sqft
      • Finished area above ground: 10,568

      Property

      Parking
      • Parking features: Shared Driveway
      • Has uncovered spaces: Yes
      Features
      • Fencing: Chain Link
      Lot
      • Size: 0.97 Acres
      Details
      • Parcel number: R70294
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Other
      Condition
      • Fixer
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available, Sewer Connected, Water Available

      Community & HOA

      Community
      • Security: See Remarks
      HOA
      • Has HOA: No
      Location
      • Region: Lubbock

      Financial & listing details

      • Price per square foot: $21/sqft
      • Annual tax amount: $3,266
      • Date on market: 3/9/2026
      • Cumulative days on market: 96 days
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Water, Other
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $731/mo

        Price history

        DateEventPrice
        6/12/2026Pending sale$225,000$21/sqft
        Source: LBMLS #202603089 Report a problem
        6/3/2026Price change$225,000-21.1%$21/sqft
        Source: LBMLS #202603089 Report a problem
        3/28/2026Price change$285,000+14%$27/sqft
        Source: LBMLS #202603089 Report a problem
        3/9/2026Listed for sale$250,000+16.3%$24/sqft
        Source: LBMLS #202603089 Report a problem
        6/2/2025Listing removed$510
        Source: Zillow Rentals Report a problem
        2/14/2025Listed for rent$510-21.5%
        Source: Zillow Rentals Report a problem
        8/10/2021Sold--
        Source: EXIT Realty solds #1578185390279098127 Report a problem
        6/24/2021Contingent$215,000$20/sqft
        Source: LBMLS #201907275 Report a problem
        5/28/2021Listed for sale$215,000$20/sqft
        Source: LBMLS #201907275 Report a problem
        4/28/2021Listing removed--
        Source: Exit Realty Report a problem
        4/27/2021Contingent$215,000$20/sqft
        Source: LBMLS #201907275 Report a problem
        2/4/2021Listed for sale$215,000$20/sqft
        Source: LBMLS #201907275 Report a problem
        1/14/2021Pending sale$215,000$20/sqft
        Source: EXIT REALTY OF LUBBOCK #201907275 Report a problem
        1/8/2021Contingent$215,000$20/sqft
        Source: LBMLS #201907275 Report a problem
        11/15/2019Price change$215,000-4.4%$20/sqft
        Source: Exit Realty of Lubbock #201907275 Report a problem
        8/5/2019Listed for sale$225,000-27.4%$21/sqft
        Source: Exit Realty of Lubbock #201907275 Report a problem
        1/13/2016Listing removed$650
        Source: Owner Report a problem
        12/14/2015Listed for rent$650
        Source: Owner Report a problem
        10/1/2014Listing removed$310,000$29/sqft
        Source: Keller Williams Realty #201401064 Report a problem
        5/2/2014Price change$310,000+8.8%$29/sqft
        Source: Keller Williams - Lubbock #201401064 Report a problem
        2/16/2014Listed for sale$285,000-27.8%$27/sqft
        Source: Owner Report a problem
        7/23/2012Listing removed$395,000$37/sqft
        Source: Owner Report a problem
        5/24/2012Listed for sale$395,000$37/sqft
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        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.

        Climate risks

        Neighborhood: 79404

        Getting around

        35 / 100
        Car-Dependent
        22 / 100
        Minimal Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ervin
        • Middle: Dunbar College Preparatory Academy
        • High: Estacado

        Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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