For sale

Price cut: $10.1K (7/16)

$299,900

7401 Avenue X, Lubbock, TX 79423

6beds

3,102sqft

$2,226/mo

Get pre-qualified

Quadruplex, Multi Family

Built in 1981

-- sqft lot

$-- Zestimate^®

$97/sqft

$-- HOA

What's special

Some updates throughout

Now offering $5,000 in seller concessions! This professionally managed quadplex in South Lubbock offers a turnkey investment opportunity. Located just off University Avenue and near South Loop 289, the property provides quick access to major roads, Texas Tech, and nearby restaurants and shopping. Each unit offers 2 bedrooms, and 1 bathrooms with some updates throughout. With stable occupancy and desirable rental units in a consistently leased area, this is a solid, income-producing asset in a great location. This property can also be purchased as a package with 7405 Ave X and 7405 Waco Ave.

64 days
119
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Separate Meters

Cooling

Ceiling Fan(s), Electric, Multi Units

Appliances

Laundry: In Unit

Features

Ceiling Fan(s)
Has basement: No
Number of fireplaces: 2

Interior area

Total structure area: 3,102
Total interior livable area: 3,102 sqft
Finished area above ground: 3,102

Property

Parking

Parking features: Concrete, Common, Parking Lot

Features

Fencing: Back Yard,Fenced,Wood

Lot

Size: 0.25 Acres

Details

Parcel number: R82786
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Stucco
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1981

Community & HOA

Community

Security: Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Lubbock

Financial & listing details

Price per square foot: $97/sqft
Tax assessed value: $209,801
Annual tax amount: $3,713
Date on market: 7/1/2026
Cumulative days on market: 309 days
Listing terms: Cash,Conventional,VA Loan
Tenant pays: All Utilities
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/16/2026	Price change	$299,900-3.3%$97/sqft
Source: LBMLS #202608974 Report a problem
3/24/2026	Price change	$310,000-1.6%$100/sqft
Source: LBMLS #202603806 Report a problem
10/30/2025	Listed for sale	$315,000+97%$102/sqft
Source: LBMLS #202562470 Report a problem
10/28/2019	Listing removed	$600
Source: CENTURY 21 John Walton Realtors #201908707 Report a problem
1/9/2019	Price change	$600-4%
Source: CENTURY 21 John Walton Realtors #201809432 Report a problem
11/21/2018	Listed for rent	$625
Source: CENTURY 21 John Walton Realtors #201809432 Report a problem
12/13/2012	Listing removed	$159,900+4.9%$52/sqft
Source: CENTURY 21 John Walton Realtors #9984963 Report a problem
8/6/2010	Listing removed	$152,500$49/sqft
Source: Systems Engineering, Inc. #9970803 Report a problem
6/23/2010	Price change	$152,500-1.3%$49/sqft
Source: Systems Engineering, Inc. #9970803 Report a problem
5/29/2010	Price change	$154,500-6.3%$50/sqft
Source: Systems Engineering, Inc. #9970803 Report a problem
4/23/2010	Price change	$164,900-2.4%$53/sqft
Source: Systems Engineering, Inc. #9970803 Report a problem
2/6/2010	Listed for sale	$169,000$54/sqft
Source: Systems Engineering, Inc. #9970803 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,712 -2.6%	$209,801
2024	$3,810 +12.1%	$209,801 +14.8%
2023	$3,398 -18.1%	$182,804 -10.8%
2022	$4,150 -8.9%	$204,988 -4.2%
2021	$4,553 +28.9%	$214,068 +29.7%
2020	$3,534 -1.5%	$165,000
2019	$3,588 -10.4%	$165,000
2018	$4,006	$165,000 -7.4%
2017	$4,006 +16.8%	$178,214 +15.8%
2016	$3,430	$153,885 -0.2%
2015	$3,430	$154,242
2014	$3,430	$154,242 +8.2%
2013	--	$142,610
2012	--	$142,610
2011	--	$142,610 -6%
2010	--	$151,760 -1.5%
2009	--	$154,048 -2.9%
2008	--	$158,624 -3%
2007	--	$163,455
2006	--	$163,455
2005	--	$163,455
2004	--	$163,455 +28.7%
2003	--	$126,968 +22.6%
2002	$2,567 +4.9%	$103,548 +4.7%
2001	$2,447 +0.7%	$98,871
2000	$2,430	$98,871