1305 S 9th Street, Slaton, TX 79364
$420,000
Property Type:
Residential Income
Bedrooms:
7
Baths:
6
Square Footage:
3,073
Lot Size (sq. ft.):
21,000
Status:
Active
Current Price:
$420,000
List Date:
1/21/2025
Last Modified:
11/10/2025
Description
6 unit performing multi family complex. 100% occupancy with newer 12 month leases. Recent updates to all units including new mini splits throughout. Large parking lot and close to many amenities for the tenants. Five 1 bedroom, 1 bathroom units and one 2 bedroom 1 bath unit in the main house.
Supplements: ********
More Information MLS# 202501113
Contract Information
Current Price: $420,000
Original List Price: 389000
List Price: $420,000
Status: Active
Listing Contract Date: 2025-01-21
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: Icon21 Llc
List Price/SqFt: 136.67
Location Tax and Legal
Street Number: 1305
Street Direction Prefix: S
Street Name: 9th
Street Suffix: Street
County: Lubbock
State: TX
Postal Code: 79364
Zone: Slaton
General Property Information
Bedrooms Total: 7
Bathrooms Full: 6
Total Bathrooms: 6
Above Grade Finished Area: 3073
Above Grade Finished Area Source: Public Records
Living Area: 3073
Living Area Source: Other
Accessibility Features YN: No
Year Built: 1945
Lot Size Acres: 0.4821
Lot Size Square Feet: 21000
Lot Size Source: Public Records
Basement YN: No
Stories Total: 1
Remarks and Miscellaneous
Public Historical Remarks: Unit 8 # of Spaces: 0, Unit 7 # of Spaces: 0, Unit 6 # of Spaces: 2, Unit 5 # of Spaces: 0, Unit 4 # of Spaces: 1, Unit 3 # of Spaces: 1, Unit 2 # of Spaces: 1, Unit 1 # of Spaces: 1, Unit 6 Occupied: Yes, Unit 5 Occupied: Yes, Unit 4 Occupied: Yes, Unit 3 Occupied: Yes, Unit 2 Occupied: Yes, Survey Available: Yes
Public Remarks: 6 unit performing multi family complex. 100% occupancy with newer 12 month leases. Recent updates to all units including new mini splits throughout. Large parking lot and close to many amenities for the tenants. Five 1 bedroom, 1 bathroom units and one 2 bedroom 1 bath unit in the main house.
Status Change Information
Major Change Timestamp: 2025-11-10T19:08:44Z
Major Change Type: Price Change
Price Change Timestamp: 2025-11-10T19:08:44Z
Status Change Timestamp: 2025-01-21
Income and Expenses
Cap Rate: 7.43
Gross Scheduled Income: 48900
Net Operating Income: 29709
Unit One
Unit Number: 1
Beds Total: 1
Baths Total: 1
Unit Actual Rent: 635
Accessibility Features YN: No
Unit Two
Unit Number: 2
Beds Total: 1
Baths Total: 1
Unit Actual Rent: 635
Accessibility Features YN: No
Unit Three
Unit Number: 3
Beds Total: 1
Baths Total: 1
Unit Actual Rent: 635
Accessibility Features YN: No
Unit Four
Unit Number: 4
Beds Total: 1
Baths Total: 1
Unit Actual Rent: 635
Accessibility Features YN: No
Unit Five
Unit Number: 5
Beds Total: 1
Baths Total: 1
Unit Actual Rent: 585
Accessibility Features YN: No
Unit Six
Unit Number: 6
Unit SqFt: 853
Beds Total: 1
Baths Total: 2
Unit Actual Rent: 899
Garage Spaces: 2
Parking Details: Detached
Accessibility Features YN: No
Unit Description: Main house
Title Company Information
Title Company: Hub City Title
Title Company Address: 5010 122nd Street. Lubbock, TX 79424
Title Company Fax: (806) 412-7526
Title Company Phone: (806) 993-3000
Property Features
Architectural Style: Traditional
Construction Materials: Other
Cooling: Ductless
Heating: Ductless
Interior Features: Ceiling Fan(s)
Listing Terms: Cash; Conventional
Lot Features: Zero Lot Line
Other Equipment: None
Other Structures: Workshop
Parking Features: Off Street
Road Surface Type: Paved
Roof: Composition
Special Listing Conditions: Standard
Tenant Pays: None
Listing Office: Reside Real Estate Co.
Listing Agent: Casey Klingensmith
Last Updated: November - 10 - 2025
Information deemed reliable but not guaranteed.