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1905 15th St, Lubbock, TX, 79401

4beds
6baths
4,006sqft
$298,000
$74price/sqft
$2,899/moest. monthly cost
$115,960/yrincome needed

About This Home

Duplex Investment Property — 1905 15th Street, Lubbock, TX This recently updated duplex features two bedrooms, two-and-a-half bathrooms, and a two-car garage on each side. All appliances convey with the property, making this a strong turnkey opportunity for an investor looking to add quality rental units to their portfolio. The property currently generates a combined $2,400 per month in rental income. 1905 15th Street is being offered as part of a $2.2 million real estate portfolio and will not be separated or sold individually.

Getting Around

72
WalkingVery Walkable
35
TransitSome Transit
64
BikeBikeable

Schools

7/10
Ramirez Charter SchoolGrades PK-50.5 mi
7/10
Hutchinson Middle SchoolGrades 6-81.6 mi
6/10
Lubbock High SchoolGrades 9-120.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2012

Materials

  • Roof: Composition
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Finished area above ground: 4,006

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,006
  • Total interior livable area: 4,006 sqft

Property

Details

  • Parcel number: R26731

Lot

  • Lot size: 6,534 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Winter Weather
Cold Wave
Ice Storm

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,506$18,072
Home Insurance *$521$6,252
Property Taxes $433$5,196
Electricity $439$5,278
Total$2,899$34,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,394/yr
40% on housing$86,970/yr
45% on housing$77,306/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.1%
6.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$74This listing

vs Other Active Listings

Avg $/sqft

ZIP 79401$94
Lubbock County$122

vs Homes Sold Last Month

Median $/sqft

ZIP 79401$117
Lubbock County$143

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-16Listed for sale$298,000
2026-01-15Listed for rent$1,300
2026-01-15Listing removed$1,300
2025-07-01Listed for rent$1,300
2025-04-11Listing removed$1,300
2025-02-15Listed for rent$1,300
2010-12-20Sold--

For Sale by Agent

AgentChris Carter
BrokerageThe 32:18 Management Group

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