Rare opportunity to own a fully occupied duplex in highly desirable Frenship ISD. Both unites are idental 3/1 layouts on current 12 month leases delivering an impressive gross yield. Separate electric meters. On water well & septic-no water or sewer bills for tenants. One unit enjoys a private fenced and landscaped yard-cozy outdoor space. The .85 acre lot is a standout feature providing abundant parking and workspace for tenants needing room for vehicles, outdoor storage, and equipment. This unique oversized lot sets it apart from typical duplexes. Perfect for investors seeking strong cash flow.
For sale
$185,000
7320 1st St, Lubbock, TX 79416
6beds
2,285sqft
Duplex, Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
Cozy outdoor spaceUnique oversized lotAbundant parking and workspace
- 2 days |
- 296 |
- 24 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Cynthia Arriaga TREC #0584899 806-790-0609,
Exit Realty of Lubbock
Source: LBMLS,MLS#: 202611827
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Range
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), Formica Counters
- Flooring: Carpet, Combination, Laminate
- Windows: Aluminum Frames, Window Coverings
- Has fireplace: No
Interior area
- Total structure area: 2,285
- Total interior livable area: 2,285 sqft
- Finished area above ground: 2,285
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Carport, Circular Driveway, Detached Carport, Driveway, RV Access/Parking
- Carport spaces: 4
- Has uncovered spaces: Yes
Features
- Patio & porch: Front Porch
- Exterior features: Private Entrance
- Fencing: Fenced,See Remarks
Lot
- Size: 0.85 Acres
- Features: Landscaped
Details
- Parcel number: R81315
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Metal Siding
- Foundation: Pillar/Post/Pier, Raised
- Roof: Composition
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Available, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $57,395
- Annual tax amount: $911
- Date on market: 8/25/2026
- Cumulative days on market: 3 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: All Utilities
- Electric utility on property: Yes
- Road surface type: Asphalt, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
$1,196/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $185,000+86.9%$81/sqft |
Source:  LBMLS #202611827 Report a problem | ||
| 10/20/2025 | Sold | -- |
Source: LBMLS #202560548 Report a problem | ||
| 9/25/2025 | Pending sale | $99,000$43/sqft |
Source: LBMLS #202560548 Report a problem | ||
| 9/17/2025 | Listed for sale | $99,000$43/sqft |
Source: LBMLS #202560548 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $911 -0.5% | $57,395 |
| 2024 | $915 -20.8% | $57,395 -19.8% |
| 2023 | $1,155 -10.3% | $71,573 |
| 2022 | $1,288 +51.2% | $71,573 +54.9% |
| 2021 | $852 -1.7% | $46,200 |
| 2020 | $867 +0.3% | $46,200 |
| 2019 | $865 +93.3% | $46,200 -28.2% |
| 2018 | $447 | $64,329 +182.6% |
| 2017 | $447 -12.8% | $22,766 +8.9% |
| 2016 | $513 | $20,915 -13.9% |
| 2015 | $513 | $24,300 -5.9% |
| 2014 | $513 | $25,836 +28.1% |
| 2013 | -- | $20,171 -5.1% |
| 2012 | -- | $21,257 |
| 2011 | -- | $21,257 -6% |
| 2010 | -- | $22,615 -4.6% |
| 2009 | -- | $23,701 +4.2% |
| 2008 | -- | $22,756 -30.3% |
| 2007 | -- | $32,661 |
| 2006 | -- | $32,661 -9.2% |
| 2005 | -- | $35,963 +10.1% |
| 2004 | -- | $32,661 |
| 2003 | -- | $32,661 -3.7% |
| 2002 | $660 +3% | $33,913 |
| 2001 | $640 +1040.7% | $33,913 +1039.9% |
| 2000 | $56 | $2,975 |
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: 79416
Nearby schools
GreatSchools rating
- 8/10Legacy Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 6/10Terra Vista Middle SchoolGrades: 6-8Distance: 0.8 mi
- NAFrenship Memorial High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Willow Bend
- Middle: Terra Vista
- High: Frenship
Source: LBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $111,400-- bd-- ba1.4k sqft7326 1st St, Lubbock, TX 79416Off Market
- $112,200-- bd-- ba480 sqft7314 1st St, Lubbock, TX 79416Off Market
- $206,200-- bd-- ba1.7k sqft7314 1st St, Lubbock, TX 79416Off Market
- $65,000-- bd-- ba912 sqft7321 Amherst St, Lubbock, TX 79416Off Market
- $211,8004 bd4 ba2.9k sqft7321 1st St, Lubbock, TX 79416Off Market
- $74,8004 bd2 ba1.4k sqft7327 Amherst St, Lubbock, TX 79416Off Market
- $71,900-- bd-- ba1.3k sqft7315 Amherst St, Lubbock, TX 79416Off Market
- $87,400-- bd-- ba1k sqft7327 1st St, Lubbock, TX 79416Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $180,0003 bd2 ba1.3k sqft1005 Huron Ave, Lubbock, TX 79416For Sale
MLS ID #202611321, Elizabeth Boesch, Real Estate Just For You, LLC. LBMLS - $184,9503 bd2 ba1.5k sqft5917 14th St, Lubbock, TX 79416For Sale
MLS ID #202607201, Michael Hutton, West Sage, REALTORS. LBMLS - $222,0004 bd2 ba2k sqft4203 17th St, Lubbock, TX 79416For Sale
MLS ID #202607066, Sharon Mirll, Exit Realty of Lubbock. LBMLS - $160,0003 bd2 ba2.5k sqft3313 35th St, Lubbock, TX 79413For Sale
MLS ID #202611340, Kendra Sutherland, Sutherland, REALTORS. LBMLS - $190,0003 bd2 ba1.6k sqft5402 7th St, Lubbock, TX 79416For SaleMLS ID #202603326, Mary Trevino, JPAR. LBMLS
- $179,9003 bd2 ba1.9k sqft3813 43rd St, Lubbock, TX 79413For SaleMLS ID #202611356, Michael Hutton, West Sage, REALTORS. LBMLS
- $203,5003 bd2 ba1.3k sqft5521 1st Pl, Lubbock, TX 79416For SaleMLS ID #202605283, Seth Martin, Better Homes and Gardens. LBMLS
- $187,0003 bd2 ba1.3k sqft1016 Ironton Ave, Lubbock, TX 79416For SaleMLS ID #202603576, Mateo Dabila, Clear Rock Realty. LBMLS
- $175,0004 bd3 ba1.8k sqft2123 21st St, Lubbock, TX 79411For SaleMLS ID #202610784, Travis Turner, Brick & Loft Realty. LBMLS
- $239,5004 bd2 ba1.9k sqft5426 9th St, Lubbock, TX 79416For SaleMLS ID #202611634, Jordan Ashmore, Keller Williams Realty. LBMLS
- $200,0003 bd2 ba2.2k sqft2806 58th St, Lubbock, TX 79413For SaleMLS ID #202611700, Lauren Stacy, Reside Real Estate Co.. LBMLS
- $250,0004 bd2 ba1.9k sqft5431 16th St, Lubbock, TX 79416For SaleMLS ID #202610331, Kimberleigh Gonzalez, eXp Realty LLC. LBMLS
- $189,0003 bd2 ba1.6k sqft3420 30th St, Lubbock, TX 79410For SaleMLS ID #202611188, Kimberly Urias, New Home Brokers. LBMLS
- $199,0004 bd4 ba2.3k sqft9705 Avenue X, Lubbock, TX 79423For SaleMLS ID #202610446, Gregory Brownd, Keller Williams Realty. LBMLS
- $170,0004 bd3 ba1.8k sqft3612 40th St, Lubbock, TX 79413For SaleMLS ID #202611248, Whitney Weems, Platinum West Realty. LBMLS
- $199,0003 bd2 ba2.1k sqft3011 55th St, Lubbock, TX 79413For SaleMLS ID #202609063, Andy Mazzolini, Keller Williams Realty. LBMLS
- $174,9003 bd2 ba1.9k sqft1905 63rd St, Lubbock, TX 79412For SaleMLS ID #202610493, Cynthia Arriaga, Exit Realty of Lubbock. LBMLS
- $205,0003 bd3 ba2.1k sqft3715 36th St, Lubbock, TX 79413For SaleMLS ID #202603998, Riley Bramble, Tech Terrace Real Estate. LBMLS
- $189,9003 bd2 ba1.6k sqft3503 Englewood Ave, Lubbock, TX 79407For SaleMLS ID #202608966, Linda Day, Coldwell Banker Trusted Adviso. LBMLS
- $149,9003 bd3 ba1.6k sqft5763 38th St, Lubbock, TX 79407For SaleMLS ID #202611469, Travis Turner, Brick & Loft Realty. LBMLS
