For sale

$975,000

406 E Fm 1585, Lubbock, TX 79423

3beds

2,430sqft

$7,293/mo

Get pre-qualified

Single Family Residence, Residential

Built in 1946

5 Acres Lot

$-- Zestimate^®

$401/sqft

$-- HOA

What's special

Small livestock pens

Future Loop 88 frontage and acquisition by TXDOT. 2430 square foot house with 3 bedrooms, 2 bathrooms, an office, and 2 car garage. Really nice clean home with office or 4th bedroom. 5 bay metal building (4 open bays, one enclosed with door). 5 Acres. Currently has 13 RV spots @ $420 each. Small Livestock pens. Endless opportunities. See attached TXDOT acquisition map. TXDOT will purchase house and frontage acreage in near future.

890 days
74
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Features

Ceiling Fan(s)
Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,430
Total interior livable area: 2,430 sqft
Finished area above ground: 2,430

Property

Parking

Total spaces: 2
Parking features: Attached, Garage, Garage Door Opener
Attached garage spaces: 2

Lot

Size: 5 Acres

Details

Additional structures: Barn(s), Outbuilding, Storage, Workshop
Parcel number: R166204
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1946

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: Lubbock

Financial & listing details

Price per square foot: $401/sqft
Tax assessed value: $227,560
Annual tax amount: $3,634
Date on market: 3/27/2022
Cumulative days on market: 1638 days
Listing terms: Cash,Conventional
Road surface type: All Weather, Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/30/2026	Price change	$975,000+11.4%$401/sqft
Source: LBMLS #202202781 Report a problem
3/14/2025	Listing removed	$1,525$1/sqft
Source: Zillow Rentals Report a problem
1/25/2025	Listed for rent	$1,525$1/sqft
Source: Zillow Rentals Report a problem
4/12/2024	Listed for sale	$875,000$360/sqft
Source: LBMLS #202202781 Report a problem
3/28/2024	Listing removed	--
Source: LBMLS #202202781 Report a problem
11/10/2022	Price change	$875,000-2.7%$360/sqft
Source: LBMLS #202202781 Report a problem
6/28/2022	Price change	$899,000-7.8%$370/sqft
Source: LBMLS #202202781 Report a problem
3/27/2022	Listed for sale	$975,000$401/sqft
Source: LBMLS #202202781 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,634 -12%	$227,560 -11.6%
2024	$4,129 -3.8%	$257,349 -2.6%
2023	$4,291 +760%	$264,203 +35.8%
2022	$499 +3.8%	$194,530 +10%
2021	$481 +3.6%	$176,845 -0.9%
2020	$464 +2.7%	$178,461 +22.1%
2019	$451 +0.6%	$146,153
2018	$449	$146,153 +5.8%
2017	$449 -21.2%	$138,114 +10%
2016	$570	$125,558 +10%
2015	$570	$114,144 +10%
2014	$570	$103,767
2013	--	$103,767
2012	--	$103,767
2011	--	$103,767 +7.9%
2010	--	$96,175 +10%
2009	--	$87,432 +10%
2008	--	$79,484 +10%
2007	--	$72,258 +10%
2006	--	$65,689 +10%
2005	--	$59,717 +10%
2004	--	$54,288 +10%
2003	--	$49,353