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For sale
  • $115,000

    714 29th St, Lubbock, TX 79404

    2beds
    1,056sqft
    : 
    $899/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1962
    -- sqft lot
    $109,300 Zestimate®
    $109/sqft
    $-- HOA

    What's special

    Recent interior paintUpdated flooring
    Exceptional Investment Opportunity with Future Development Potential! Don't miss this income-producing duplex situated on an expansive 12,000 sq. ft. lot offering both immediate cash flow and exciting future possibilities. Each of the two 1-bedroom, 1-bath units is currently tenant-occupied with leases in place through Spring 2027, providing stable rental income from day one. The property has been refreshed with recent interior paint and updated flooring, and appliances are included, making this a turnkey investment for your portfolio. What truly sets this property apart is its zoning, which allows for up to four residential units (buyer to verify with local planning authorities). With the potential to add two additional units, investors have an opportunity to increase rental income and maximise the property's long-term value. Ideally located within walking distance of local businesses, shopping, restaurants, gas stations, and employment centers, the property offers the convenience today's renters are looking for. Quick freeway access makes commuting simple and further enhances its rental appeal. Whether you're seeking dependable rental income today or exploring future expansion opportunities, this property offers a rare combination of cash flow, location, and development potential. Schedule your showing and discover the possibilities this exceptional investment has to offer.
    10 days
    |
    155
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Ashmore TREC #0729693 806-777-3347,

    Aycock Realty Group, LLC

    Source: LBMLS,MLS#: 202610975MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Gas Range, Microwave, Refrigerator
      • Laundry: None
      Features
      • Flooring: Laminate, Plank
      Interior area
      • Total structure area: 1,056
      • Total interior livable area: 1,056 sqft
      • Finished area above ground: 1,056

      Property

      Parking
      • Parking features: Gravel, Common
      Features
      • Levels: Multi/Split
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: R87575
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Split Level
      • Property subtype: Duplex, Multi Family
      Materials
      • Stucco
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Lubbock

      Financial & listing details

      • Price per square foot: $109/sqft
      • Tax assessed value: $75,344
      • Annual tax amount: $1,328
      • Date on market: 8/6/2026
      • Cumulative days on market: 12 days
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Paved

        Estimated market value

        $109,300

        $103,000 - $115,000

        $794/mo

        Price history

        DateEventPrice
        8/6/2026Listed for sale$115,000-25.8%$109/sqft
        Source: LBMLS #202610975 Report a problem
        9/9/2024Listing removed$154,999$147/sqft
        Source: LBMLS #202407602 Report a problem
        9/8/2024Listed for sale$154,999$147/sqft
        Source: LBMLS #202407602 Report a problem
        7/26/2024Listing removed$154,999-3.1%$147/sqft
        Source: LBMLS #202407602 Report a problem
        5/30/2024Listed for sale$159,999-5.3%$152/sqft
        Source: LBMLS #202407602 Report a problem
        7/2/2023Listing removed--
        Source: Exit Realty Report a problem
        4/2/2023Price change$169,000-8.6%$160/sqft
        Source: LBMLS #202302219 Report a problem
        2/17/2023Listed for sale$185,000$175/sqft
        Source: LBMLS #202302219 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,328 +16.9%$75,052 -0.4%
        2024$1,136 +17.2%$75,344 +44.6%
        2023$969 -8.2%$52,119
        2022$1,055 +48.1%$52,119 +55.6%
        2021$712 +27.5%$33,486 +28.4%
        2020$558 -1.5%$26,078
        2019$567 -3.3%$26,078
        2018$586 $26,078
        2017$586 +0.4%$26,078
        2016$584 $26,078 -0.7%
        2015$584 $26,263
        2014$584 $26,263
        2013-- $26,263
        2012-- $26,263
        2011-- $26,263
        2010-- $26,263
        2009-- $26,263
        2008-- $26,263 +9.4%
        2007-- $24,014
        2006-- $24,014
        2005-- $24,014
        2004-- $24,014
        2003-- $24,014 +101.3%
        2002$296 +7.2%$11,932 +7%
        2001$276 +0.7%$11,148
        2000$274 $11,148
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Slaton-Bean

        Getting around

        40 / 100
        Car-Dependent
        27 / 100
        Some Transit
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ervin
        • High: Estacado

        Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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