5 out of 5 of the units are occupied cap rate is 7.62%
For sale
$465,000
3508 E Colgate St, Lubbock, TX 79403
15beds
5,406sqft
Package Property, Multi Family
Built in 2008
-- sqft lot
$-- Zestimate®
$86/sqft
$-- HOA
What's special
- 291 days |
- 49 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Collen Melton TREC #0774198 806-999-5353,
Brick & Loft Realty,
Travis Turner TREC #0660475 806-577-2508,
Brick & Loft Realty
Source: LBMLS,MLS#: 202550925
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 10
- Full bathrooms: 5
- 1/2 bathrooms: 5
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Interior area
- Total structure area: 5,406
- Total interior livable area: 5,406 sqft
- Finished area above ground: 5,406
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Lot
- Size: 0.88 Acres
Details
- Parcel number: R133682, R133630, R133554, R133874, R77785
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Package Property, Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 2008
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $87,543
- Annual tax amount: $7,708
- Date on market: 9/12/2025
- Cumulative days on market: 480 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: All Weather
Estimated market value
Not available
Estimated sales range
Not available
$898/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Listed for sale | $465,000$86/sqft |
Source: | ||
| 9/1/2025 | Listing removed | $465,000$86/sqft |
Source: | ||
| 2/25/2025 | Listed for sale | $465,000$86/sqft |
Source: | ||
| 3/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/6/2024 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 10/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/4/2022 | Listed for rent | $900+18.4% |
Source: Zillow Rental Manager Report a problem | ||
| 2/15/2016 | Listing removed | $760 |
Source: Innovative Customworks Report a problem | ||
| 12/2/2015 | Listed for rent | $760 |
Source: Innovative Customworks Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,549 -2.6% | $87,543 -8.5% |
| 2024 | $1,590 -10.5% | $95,693 +0.1% |
| 2023 | $1,777 -9.2% | $95,574 -1.1% |
| 2022 | $1,957 +57.3% | $96,677 +65.2% |
| 2021 | $1,244 +39.3% | $58,504 +40.3% |
| 2020 | $893 -3.6% | $41,711 -2.2% |
| 2019 | $927 +3.1% | $42,628 +4.2% |
| 2018 | $899 | $40,905 +2.3% |
| 2017 | $899 +72.5% | $40,000 -1% |
| 2016 | $521 | $40,420 +74.2% |
| 2015 | $521 | $23,208 -1% |
| 2014 | $521 | $23,442 -1% |
| 2013 | -- | $23,675 -1% |
| 2012 | -- | $23,910 |
| 2011 | -- | $23,910 -1% |
| 2010 | -- | $24,143 -1% |
| 2009 | -- | $24,377 +2337.7% |
| 2008 | -- | $1,000 |
| 2007 | -- | $1,000 |
| 2006 | -- | $1,000 |
| 2005 | -- | $1,000 |
| 2004 | -- | $1,000 |
| 2003 | -- | $1,000 |
| 2002 | $25 +0.2% | $1,000 |
| 2001 | $25 +0.7% | $1,000 |
| 2000 | $25 | $1,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: Parkway and Cherry Point
Nearby schools
GreatSchools rating
- 2/10Alderson Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 2/10Dunbar College Preparatory AcademyGrades: 6-8Distance: 2.5 mi
- 2/10Estacado High SchoolGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Lubbock County
- Lubbock
- 79403
- Parkway and Cherry Point
- 3508 E Colgate St




