Pending

Price cut: $10K (7/16)

$309,900

7405 Avenue X, Lubbock, TX 79423

8beds

5,364sqft

$2,299/mo

Get pre-qualified

Quadruplex, Multi Family

Built in 1983

-- sqft lot

$-- Zestimate^®

$58/sqft

$-- HOA

What's special

Some updates throughout

Now offering $5,000 in seller concessions! Fantastic opportunity to own a four unit quadplex in South Lubbock that offers turnkey investment opportunity. Located just off University Avenue and near South Loop 289, this property provides quick access to major roads, Texas Tech, and nearby restaurants and shopping. Each unit offers 2 bedrooms, and 2 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 prime location. This property can also be purchased as a package with 7401 Ave X and 7405 Waco Ave.

64 days
236
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8
Full bathrooms: 8

Heating

Central, Natural Gas

Cooling

Central Air, Electric

Features

Has basement: No
Number of fireplaces: 2

Interior area

Total structure area: 5,364
Total interior livable area: 5,364 sqft
Finished area above ground: 5,364

Property

Parking

Parking features: Concrete, Parking Lot, Unassigned

Lot

Size: 10,454 Square Feet

Details

Parcel number: R82732
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Wood Siding
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1983

Utilities & green energy

Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & HOA

Community

Security: Smoke Detector(s)

Location

Region: Lubbock

Financial & listing details

Price per square foot: $58/sqft
Tax assessed value: $291,259
Annual tax amount: $5,154
Date on market: 7/1/2026
Cumulative days on market: 356 days
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/18/2026	Pending sale	$309,900$58/sqft
Source: LBMLS #202608972 Report a problem
7/16/2026	Price change	$309,900-3.1%$58/sqft
Source: LBMLS #202608972 Report a problem
3/24/2026	Price change	$319,900-1.5%$60/sqft
Source: LBMLS #202603803 Report a problem
10/29/2025	Price change	$324,900-1.5%$61/sqft
Source: LBMLS #202562401 Report a problem
9/12/2025	Listed for sale	$329,900+19.9%$62/sqft
Source: LBMLS #202560339 Report a problem
2/12/2019	Listing removed	$600
Source: CENTURY 21 John Walton Realtors #201808162 Report a problem
1/9/2019	Price change	$600-7.7%
Source: CENTURY 21 John Walton Realtors #201808162 Report a problem
9/19/2018	Listed for rent	$650
Source: CENTURY 21 John Walton Realtors #201808162 Report a problem
11/1/2013	Listing removed	$275,126$51/sqft
Source: Real Living Hometown, REALTORS #9990821 Report a problem
3/29/2013	Price change	$275,126+87.8%$51/sqft
Source: Real Living Hometown, REALTORS #9990821 Report a problem
8/31/2011	Listed for sale	$146,500$27/sqft
Source: Fannie Mae #9982701 Report a problem
7/13/2011	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,154 -2.6%	$291,259
2024	$5,289 +12.2%	$291,259 +14.9%
2023	$4,712 -18.2%	$253,493 -10.9%
2022	$5,759 +18.9%	$284,507 +24.9%
2021	$4,844 -0.7%	$227,719
2020	$4,877 +15%	$227,719 +16.8%
2019	$4,241 -20.6%	$195,021 -13.2%
2018	$5,342	$224,593 -5.5%
2017	$5,342 +29.9%	$237,643 +16%
2016	$4,114	$204,946 -0.2%
2015	$4,114	$205,428 +11%
2014	$4,114	$184,996 +2.8%
2013	--	$180,000 +14.7%
2012	--	$156,980 -23.5%
2011	--	$205,167 +24.2%
2010	--	$165,196
2009	--	$165,196 +3.2%
2008	--	$160,000 -8.6%
2007	--	$175,104
2006	--	$175,104 +9.4%
2005	--	$159,996
2004	--	$159,996 -17.5%
2003	--	$193,838 +98.7%
2002	$2,419 +4.9%	$97,572 +4.7%
2001	$2,306 +0.7%	$93,178
2000	$2,290	$93,178