Duplex Package - 4419 31st Street, Lubbock, TX 79410
$1,489,000
Property Type:
Residential Income
Bedrooms:
32
Baths:
16
Square Footage:
2,048
Lot Size (sq. ft.):
9,425
Status:
Active
Current Price:
$1,489,000
List Date:
4/29/2025
Last Modified:
6/09/2025
Description
**Seller offering a potential rate buy down for the buyer** Rare opportunity to grab 8 affordable duplexes and gain passive income of 100k a year. These rents average $895 per door. We have Rolling 12 months income and expense data upon request along with the current rent roll. Get 16 doors added to your portfolio with properties that have historically rented very quickly.
Supplements: ********
More Information MLS# 202553910
Contract Information
Current Price: $1,489,000
Original List Price: 1520000
List Price: $1,489,000
Status: Active
Listing Contract Date: 2025-04-25
Property Sub Type: Package Property
Total Number of Properties: 8
Listing Agreement: Exclusive Right To Sell
Owner Name: Buffalo Peaks Real Estate LLC Series I
List Price/SqFt: 727.05
Location Tax and Legal
Street Number: Duplex Package - 4419
Street Name: 31st
Street Suffix: Street
County: Lubbock
State: TX
Postal Code: 79410
Zone: 3
General Property Information
Bedrooms Total: 32
Bathrooms Full: 16
Total Bathrooms: 16
Above Grade Finished Area: 2048
Above Grade Finished Area Source: Public Records
Living Area: 2048
Living Area Source: Public Records
Accessibility Features YN: No
Year Built: 1960
Garage YN: No
Carport Spaces: 1
Carport YN: Yes
Lot Size Acres: 0.22
Lot Size Square Feet: 9425
Lot Size Source: Public Records
Association YN: No
Remarks and Miscellaneous
Public Remarks: **Seller offering a potential rate buy down for the buyer** Rare opportunity to grab 8 affordable duplexes and gain passive income of 100k a year. These rents average $895 per door. We have Rolling 12 months income and expense data upon request along with the current rent roll. Get 16 doors added to your portfolio with properties that have historically rented very quickly.
Status Change Information
Major Change Timestamp: 2025-06-09T22:00:21Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-06-09T22:00:21Z
Status Change Timestamp: 2025-04-29
Income and Expenses
Gross Income: 156352
Net Operating Income: 95283
Unit One
Unit Number: A
Unit SqFt: 1024
Beds Total: 2
Baths Total: 1
Number of Identical Units: 2
Carport Spaces: 1
Fireplace YN: No
Accessibility Features YN: No
Unit Two
Unit Number: B
Unit SqFt: 1024
Beds Total: 2
Baths Total: 1
Unit Actual Rent: 885
Carport Spaces: 1
Fireplace YN: No
Title Company Information
Title Company: True Title
Package Property 1
Address: 4405 31st St
Bedrooms Total: 4
Total Bathrooms: 2
Occupied YN: Yes
Package Property 2
Address: 4407 31st St
Bedrooms Total: 4
Total Bathrooms: 2
Gross Rental Income: 1770
Occupied YN: Yes
Package Property 3
Address: 4411 31st St
Bedrooms Total: 4
Total Bathrooms: 2
Gross Rental Income: 1770
Occupied YN: Yes
Package Property 4
Address: 4413 31st St
Bedrooms Total: 4
Total Bathrooms: 2
Gross Rental Income: 1760
Package Property 5
Address: 4415 31st St
Bedrooms Total: 4
Total Bathrooms: 2
Gross Rental Income: 1770
Occupied YN: Yes
Package Property 6
Address: 4417 31st St
Bedrooms Total: 4
Total Bathrooms: 2
Gross Rental Income: 1770
Occupied YN: Yes
Package Property 7
Address: 4419 31st St
Bedrooms Total: 4
Total Bathrooms: 2
Individual Property Price: 1770
Occupied YN: Yes
Remarks: Side A is vacant
Package Property 8
Address: 4421 31st St
Bedrooms Total: 4
Total Bathrooms: 2
Gross Rental Income: 1760
Occupied YN: Yes
Property Features
Architectural Style: Traditional
Construction Materials: Brick
Cooling: Other
Exterior Features: Private Yard
Fencing: Wood
Flooring: Vinyl
Foundation Details: Slab
Heating: None
Listing Terms: Cash; Conventional
Lot Features: Back Yard
Parking Features: Carport
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source: Public
Window Features: Blinds
Showing Considerations: Occupied
Listing Office: Keller Williams Realty
Listing Agent: Cole Whisenhunt
Last Updated: June - 09 - 2025
Information deemed reliable but not guaranteed.