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.
For sale
$115,000
714 29th St, Lubbock, TX 79404
2beds
1,056sqft
Duplex, Multi Family
Built in 1962
-- sqft lot
$102,400 Zestimate®
$109/sqft
$-- HOA
What's special
Recent interior paintUpdated flooring
- 56 days
- 159
- 15
Zillow last checked:
Listing updated:
Listed by:
Lisa Ashmore TREC #0729693 806-777-3347,
Aycock Realty Group, LLC
Source: LBMLS,MLS#: 202610975
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: 58 days
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
Estimated market value
$102,400
$95,000 - $111,000
$915/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $115,000-25.8%$109/sqft |
Source: | ||
| 9/9/2024 | Listing removed | $154,999$147/sqft |
Source: | ||
| 9/8/2024 | Listed for sale | $154,999$147/sqft |
Source: | ||
| 7/26/2024 | Listing removed | $154,999-3.1%$147/sqft |
Source: | ||
| 5/30/2024 | Listed for sale | $159,999-5.3%$152/sqft |
Source: | ||
| 7/2/2023 | Listing removed | -- |
Source: | ||
| 4/2/2023 | Price change | $169,000-8.6%$160/sqft |
Source: | ||
| 2/17/2023 | Listed for sale | $185,000$175/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: Slaton-Bean
Nearby schools
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.






