Listing provided courtesy of Steadfast Realty, LLCMLS# 202602129MLS ProviderSource MLS Verified
  • 132 days on site
  • 6 views

Are you looking for a 1% investment deal? Too bad, this far surpasses that metric at 1.25%! This cash-cow, Turnkey duplex opportunity in a prime central Lubbock location! 4401 31st Street features two 2-bedroom, 1-bath units—an ideal setup for investors seeking steady rental demand or buyers looking to house hack and build equity. Each unit offers a functional layout with comfortable living space, well-sized bedrooms, and practical kitchen and dining areas. The 2/1 floor plan consistently attracts long-term tenants, roommates, and small families, making it one of the most dependable rental configurations in the Lubbock market. Conveniently located near Texas Tech University, the Medical District, Loop 289, and major shopping and dining, this property sits in a strong rental corridor with consistent tenant demand. Whether you lease both sides for cash flow or live in one unit while renting the other to offset your mortgage, this duplex provides flexibility and long-term upside. Multi-family properties in established West Lubbock neighborhoods are always in demand—especially well-located 2/1 + 2/1 duplexes positioned for both income and appreciation. Will not go FHA and this is an as-is deal.

Source: Lubbock MLS, MLS#: 202602129

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  • Property Type
    Residential Income
  • Lot
    0.20 acres

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  • Median Age
    28
  • Population Density
    4,309
  • College Educated
    50%
  • Estimated Median Income
    $38,183
  • Estimated Total Home Owners
    1,518
  • Estimated Total Renters
    2,677
  • Owner / Renter Divide
    36% / 64%
  • Estimated Average Household Size
    2
  • Total Population
    10,588
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 4401 31st Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/1/2026Source: Lubbock MLS Price Reduction
$140,000 -3.4%
6/1/2026Source: Lubbock MLS Status Change
Active
5/19/2026Source: Lubbock MLS Status Change
Pending
4/23/2026Source: Lubbock MLS Price Reduction
$145,000 -3.3%
4/13/2026Source: Lubbock MLS Price Reduction
$150,000 -3.2%
3/24/2026Source: Lubbock MLS Price Reduction
$155,000 -3.1%
3/17/2026Source: Lubbock MLS Price Reduction
$160,000 -3.0%
3/4/2026Source: Lubbock MLS Price Reduction
$165,000 -2.9%
2/17/2026Source: Lubbock MLS Added to Database
February 17, 2026
1/17/2025Source: Lubbock MLS Added to Database
January 17, 2025