For sale

Price increase: $530K (7/8)

$700,000

5512 Kemper St, Lubbock, TX 79416

10beds

5,652sqft

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Package Property, Multi Family

Built in 2022

-- sqft lot

$676,300 Zestimate^®

$124/sqft

$-- HOA

What's special

Incredible investment opportunity to own 4 beautifully built townhomes by Jordan Wheatley! Built in 2022, this package of like-new townhomes offers a great chance to own low-maintenance properties with strong rental potential. Package Property includes 5508, 5510, 5512 & 5514 Kemper. These properties can be divided up. ALL 4 units are currently leased! The package includes two 3-bedroom, 2-bath unit with 2-car garage and two 2-bedroom, 2-bath unit with 1-car garage. All units feature granite countertops, modern finishes, and open-concept layouts. These townhomes have been barely lived in and are situated in a high-demand area that continues to grow in popularity with tenants

123 days

82

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 8
Full bathrooms: 8

Heating

Central

Cooling

Central Air

Appliances

Laundry: In Unit

Features

Has basement: No
Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 5,652
Total interior livable area: 5,652 sqft
Finished area above ground: 5,652

Property

Parking

Total spaces: 6
Parking features: Attached, Garage
Attached garage spaces: 6

Lot

Size: 0.3 Acres

Details

Additional parcels included: R340426 R340428 R340425
Parcel number: R340427
Zoning description: Town Home

Construction

Type & style

Home type: MultiFamily
Property subtype: Package Property, Multi Family
Attached to another structure: Yes

Materials

Brick

Condition

Updated/Remodeled
New construction: No
Year built: 2022

Community & HOA

Community

Security: None

HOA

Has HOA: No

Location

Region: Lubbock

Financial & listing details

Price per square foot: $124/sqft
Tax assessed value: $184,685
Annual tax amount: $13,800
Date on market: 3/9/2026
Cumulative days on market: 306 days
Listing terms: Cash,Conventional
Tenant pays: All Utilities
Road surface type: All Weather

Estimated market value

$676,300

$642,000 - $710,000

$987/mo

Price history

Date	Event	Price
7/8/2026	Price change	$700,000+311.8%$124/sqft
Source: LBMLS #202603076 Report a problem
7/8/2026	Price change	$170,000-76.2%$30/sqft
Source: LBMLS #202609333 Report a problem
3/9/2026	Price change	$715,000-3.4%$127/sqft
Source: LBMLS #202603076 Report a problem
12/8/2025	Listed for sale	$740,000$131/sqft
Source: LBMLS #202563878 Report a problem
1/29/2025	Listing removed	$1,300
Source: Zillow Rentals Report a problem
1/11/2025	Listed for rent	$1,300
Source: Zillow Rentals Report a problem
12/21/2024	Listing removed	$1,300
Source: Zillow Rentals Report a problem
11/14/2024	Price change	$1,300-5.5%
Source: Zillow Rentals Report a problem
10/29/2024	Listed for rent	$1,375
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,268 -2.1%	$184,685 +0.5%
2024	$3,337 -1.5%	$183,766 +0.9%
2023	$3,387 +152.4%	$182,188 +174.9%
2022	$1,342	$66,285

Find assessor info on the county website

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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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