Front exterior — 2302 40th Street, Lubbock, TX 79412

Photo 2 — 2302 40th Street, Lubbock, TX 79412

Photo 3 — 2302 40th Street, Lubbock, TX 79412

Photo 4 — 2302 40th Street, Lubbock, TX 79412

Photo 5 — 2302 40th Street, Lubbock, TX 79412

Photo 6 — 2302 40th Street, Lubbock, TX 79412

Photo 7 — 2302 40th Street, Lubbock, TX 79412

Photo 8 — 2302 40th Street, Lubbock, TX 79412

Active 1 / 26

Active

Lubbock, TX 79412

$150,000

2302 40th Street, Lubbock, TX 79412

4 BD · 2 BA · 1,586 sq ft · Built 1975

Listing courtesy of Keller Williams Realty · Houston Garrett

$95

per sq ft

days listed

0.19

acre lot

The details

Type

Duplex

Year built

1975

School district

Lubbock ISD

MLS #

202609061

About this home

Excellent opportunity just off University Avenue for investors seeking a fully leased duplex in Lubbock's high-demand rental market. Both Unit A and Unit B are leased at $749 per month, providing immediate rental income from day one. Each side features a functional 2-bedroom, 1-bath layout with its own private fenced backyard and dedicated off-street parking. Conveniently located just minutes from Texas Tech, UMC, Covenant, shopping, dining, and major employment centers, this property offers stable cash flow and a prime location with strong long-term investment potential.

Price history

Listed for sale$150,000

Jul 2, 2026

History from MLS records since this home was listed.

Monthly cost

— / month

Principal, interest, taxes, insurance, and HOA.

An annual tax record is not available. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.

Principal & interest: —
Property taxes: —
Home insurance: —
HOA: —

Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.

Listing provided courtesy of Houston Garrett, Keller Williams Realty · 806-771-7710 · [email protected] . Status: Active.

Listing information provided by the Lubbock Association of REALTORS® MLS.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed.

Listing data last updated Jul 15, 2026, 12:16 PM CT. MLS # 202609061. Displayed by The Brokerage Collective, a licensed Texas real estate brokerage.

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