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2302 40th Street, Lubbock, TX 79412 (MLS # 202609061)

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PRICE $150,000 dsIDX morgage calculator
BEDS 4
BATHS 2
HOME SIZE 1,586 sqft
LOT SIZE 8,277 sqft

Excellent opportunity just off University Avenue for an investor or owner-occupant looking to house hack in a high-demand Lubbock rental market. Unit A has recently been leased at $749 per month, with the tenant scheduled to move in on July 7, giving a new owner income in place from day one. Unit B offers the opportunity for an owner to move in while using the rental income from Unit A to help offset the monthly payment. Each side features a functional 2-bedroom, 1-bath layout with its own private fenced backyard and dedicated off-street parking. Located minutes from Texas Tech, UMC, Covenant, shopping, dining, and major employment centers, this duplex offers flexibility, income potential, and a strong location for both investors and owner-occupants.

DAYS ON MARKET 1 LAST UPDATED 7/2/2026
YEAR BUILT 1975 COMMUNITY 2
COUNTY Lubbock STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Brown
Jr. High School Slaton
High School Monterey


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Oven, Gas Water Heater
AREA 2
CONSTRUCTION Brick
HEAT Central
INTERIOR Ceiling Fan(s), Storage
LOT 8276 sq ft
LOT DESCRIPTION Back Yard, City Lot, Landscaped
LOT DIMENSIONS 0.19
PARKING Concrete
SEWER Public Sewer
TAXES 2340
UTILITIES Natural Gas Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
WATER Public
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TOTAL MONTHLY PAYMENT

0
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Listed with Keller Williams Realty
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2026.

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