3119-3121 74th St, Lubbock, TX, 79423
About This Home
New build duplex in Lubbock's desirable Waters neighborhood! Located at 3115-3117 74th Street, this newly constructed property offers two spacious 3 bed, 2 bath units--each around 1,600 sq ft. Both units are currently leased at $1,550/month. Featuring modern finishes, open-concept layouts, washer/dryer hookups, private yards, and attached garages, it's a turnkey rental or ideal owner-occupant opportunity. Conveniently located near schools, parks, and shopping with easy access to major roads. Don't miss this low-maintenance, income-producing property--schedule your showing today!
Getting Around
Somewhat Walkable
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area above ground: 1,627
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 1,627
- Total interior livable area: 1,627 sqft
Property
Details
- Parcel number: R134442
Lot
- Lot size: 2,613 sqft
Parking
- Total spaces: 1
- Parking features: Attached,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,169 | $26,028 |
| Home Insurance * | $449 | $5,388 |
| Property Taxes | $536 | $6,432 |
| Electricity | $238 | $2,859 |
| Total | $3,392 | $40,704 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $429,000 |
| 2025-04-30 | Listed for sale | $446,500 |
View on Zillow