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
- 337 days |
- 52 |
- 3 |
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
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: 526 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
$871/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Listed for sale | $465,000$86/sqft |
Source:  LBMLS #202550925 Report a problem | ||
| 9/1/2025 | Listing removed | $465,000$86/sqft |
Source: LBMLS #202550925 Report a problem | ||
| 2/25/2025 | Listed for sale | $465,000$86/sqft |
Source: LBMLS #202550925 Report a problem | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
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A local agent can set up tours, give advice and negotiate with sellers.
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