For sale

Price cut: $10K (5/21)

$365,000

5501 Jarvis St, Lubbock, TX 79416

6beds

2,890sqft

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Duplex, Multi Family

Built in 2021

-- sqft lot

$359,500 Zestimate^®

$126/sqft

$-- HOA

What's special

Generous floor plans

5501 Jarvis St is a well-maintained, newer construction duplex located in the desirable Lincoln 16 neighborhood. Built in 2021, this property features two spacious units, each offering 1,445 square feet with a functional 3 bedroom, 2 bathroom layout and a 2-car garage. Both units are currently occupied on month-to-month leases, providing flexibility for an owner-occupant or investor. Side A is leased at $1,500 per month, while Side B is leased at $1,300 per month. With modern construction, generous floor plans, and strong rental potential, this duplex presents an excellent opportunity for steady income or future rent growth in a growing area.

152 days

67

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Electric Range, Microwave, Refrigerator
Laundry: Electric Dryer Hookup, In Unit, Laundry Room, Main Level, Washer Hookup

Features

Granite Counters, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s)
Flooring: Luxury Vinyl
Windows: Blinds, Double Pane Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,890
Total interior livable area: 2,890 sqft
Finished area above ground: 2,890

Property

Parking

Total spaces: 4
Parking features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Paved, Private
Attached garage spaces: 4
Has uncovered spaces: Yes

Features

Patio & porch: Front Porch, Rear Porch
Fencing: Back Yard,Wood

Lot

Size: 7,405 Square Feet
Features: Level

Details

Parcel number: R340374

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Brick
Foundation: Slab

Condition

New construction: No
Year built: 2021

Utilities & green energy

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

Community & HOA

Community

Features: Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Lubbock

Financial & listing details

Price per square foot: $126/sqft
Tax assessed value: $379,629
Annual tax amount: $6,046
Date on market: 2/3/2026
Cumulative days on market: 153 days
Listing terms: 1031 Exchange,Cash,Conventional,FHA,Lease Back
Tenant pays: All Utilities
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$359,500

$342,000 - $377,000

$1,254/mo

Price history

Date	Event	Price
5/21/2026	Price change	$365,000-2.7%$126/sqft
Source: LBMLS #202601480 Report a problem
5/4/2026	Price change	$375,000-5.1%$130/sqft
Source: LBMLS #202601480 Report a problem
2/3/2026	Listed for sale	$395,000$137/sqft
Source: LBMLS #202601480 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,503 -9%	$379,629 -0.9%
2024	$6,046 -16.2%	$382,990 -1.3%
2023	$7,215 +334.6%	$388,146 +373.3%
2022	$1,660	$82,005

Find assessor info on the county website

Monthly payment

Est. payment

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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.

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