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    312 E 34th St, Lubbock, TX 79404

    23beds
    10,568sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $254,500 Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    $254,500

    $234,000 - $275,000

    Not available

    Zestimate® history
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    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)

    Zillow last checked:

    Listing updated:

    Listed by:

    Tomas Rodriguez TREC #0787075 361-816-3661,

    Southern Magnolia Real Estate

    Bought with:

    Tomas Rodriguez, TREC #0787075

    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

    • Annual tax amount: $3,266
    • Date on market: 3/9/2026
    • Cumulative days on market: 95 days
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Water, Other
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/1/2026Sold--
    Source: LBMLS #202603089 Report a problem
    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.

    Neighborhood: 79404

    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.

    Sell for more on Zillow
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    $254,500
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    +$5,090
    With Zillow Showcase(estimated)
    $259,590
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $254,500
    2% more
    +$5,090
    With Zillow Showcase(estimated)
    $259,590