For sale

$370,000

5502 Itasca St, Lubbock, TX 79416

6beds

2,842sqft

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Duplex, Multi Family

Built in 2021

-- sqft lot

$359,500 Zestimate^®

$130/sqft

$-- HOA

What's special

Prime Lincoln 16 Duplex! Each of the two units features 3 bedrooms, 3 bathrooms and a 2 car garage. Seize this rare opportunity to own two highly desirable, income-generating units. Live in one and lease the other, or lease both for unmatched cash flow. Don't miss out on this unbeatable opportunity!

29 days

71

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Central

Cooling

Central Air

Interior area

Total structure area: 2,842
Total interior livable area: 2,842 sqft
Finished area above ground: 2,842

Property

Parking

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

Lot

Size: 7,405 Square Feet

Details

Parcel number: R337364

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Brick
Roof: Composition

Condition

New construction: No
Year built: 2021

Community & HOA

Location

Region: Lubbock

Financial & listing details

Price per square foot: $130/sqft
Tax assessed value: $342,201
Annual tax amount: $6,054
Date on market: 6/1/2026
Cumulative days on market: 426 days
Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$359,500

$342,000 - $377,000

$1,290/mo

Price history

Date	Event	Price
3/6/2026	Price change	$370,000-5.1%$130/sqft
Source: LBMLS #202563102 Report a problem
9/9/2025	Price change	$390,000-1.3%$137/sqft
Source: LBMLS #202556441 Report a problem
4/30/2025	Listed for sale	$395,000$139/sqft
Source: LBMLS #202553956 Report a problem
7/12/2023	Listing removed	--
Source: Zillow Rentals Report a problem
5/30/2023	Listed for rent	$1,550$1/sqft
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,055 -11.1%	$342,201 -8.8%
2024	$6,815 +2.7%	$375,270 +5.1%
2023	$6,636 +1.1%	$357,022 +10.1%
2022	$6,564 +973.6%	$324,277 +1028%
2021	$611	$28,748

Find assessor info on the county website

Monthly 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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