2320 Colgate St

3,212 Sq. Ft.
$62 / Sq. Ft.
3,212
Sq. Ft.
$62
per Sq. Ft.

Description

Investment opportunity at 2320 Colgate St., Lubbock, TX 79415. This fully occupied property is generating $3,310 in gross monthly rent and offers immediate income for an investor seeking a stabilized asset. The property is currently 100% occupied, with utilities structured as all bills paid up to $150 per unit. This is a strong opportunity for an investor looking to add a cash-flowing property to their portfolio in an established area of Lubbock.Investment opportunity at 2320 Colgate St., Lubbock, TX 79415. This fully occupied property is generating $3,310 in gross monthly rent and offers immediate income for an investor seeking a stabilized asset. The property is currently 100% occupied, with utilities structured as all bills paid up to $150 per unit. This is a strong opportunity for an investor looking to add a cash-flowing property to their portfolio in an established area of Lubbock.
  1. Listed by Houston Garrett • TREC #0740265 • Keller Williams Realty
    P: (806)-544-7343 C: (806)-544-7343 houston@garrettguarantee.com

Amenities

  • Air Conditioning
  • Ceiling Fan
  • Central AC
  • Electric Heat
  • Fence
  • Fireplace
  • Tile Floors
  • Vinyl Floors
LISTING UPDATED: 04/01/2026 03:38 PM

Property Details for 2320 Colgate Street

StatusActive
MLS #202604240
Days on Market1
Taxes$3,073 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1955
Lot Size0.24 AC / 10,406 SF
CountyLubbock County

Location

Listing Courtesy of Keller Williams Realty
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Building Information for 2320 Colgate Street

Stories-Residences5Year Built1955Building Size-Lot Size0.24 AC / 10,406 SF

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Principal and Interest

$1,002

Property Taxes

$256

HOA Dues

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Property Information for 2320 Colgate Street

Summary
Location and General Information
  • MLS Area Major: 1
  • Latitude: 33.602655
  • Longitude: -101.868105
  • MLS Area Minor: 1
  • Unparsed First Line Address: 2320 Colgate Street
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: Wood Peterson Anx Blk 1 L 3
School Information
  • Elementary School: Carmona-Harrison
  • High School: Lubbock
  • Middle Or Junior School: Cavazos
Parking
  • Attached Garage: No
Property
Lot Information
  • Above Grade Finished Area: 3212.0
  • Above Grade Finished Area Source: Public Records
  • Living Area Source: Public Records
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 10406.0
  • Lot Size Acres: 0.24
  • Building Area Total: 3212.0
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
Property and Assessments
  • New Construction: No
  • Parcel Number: R47027
  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Multi Family
Interior and Exterior Features
Interior Features
  • Total Bathrooms Source: MLS
  • Baths Total: 5.0
  • Bathrooms Total Integer: 5
  • Bathrooms Total Decimal: 5.0
  • Bathrooms Total Notational: 5.0
  • Cooling: Yes
  • Heating: Yes
Agent
Sale and Listing
  • Sold Exclusive: No
  • Listing Number: 202604240
  • Current Price: $199,000.00
  • Property Class: MultiFamily

Property History for 2320 Colgate Street

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Listed (Active)

LARMLS #202604240

$199,000
Dec 12, 2025

Withdrawn

LARMLS #202563136

$215,000
Nov 19, 2025

Price Change

LARMLS #202563136

$225,000
Nov 15, 2025

Listed (Active)

LARMLS #202563136

$240,000
Aug 16, 2024

Withdrawn

LARMLS #202403626

$250,000
Mar 13, 2024

Listed (Active)

LARMLS #202403626

$300,000
Feb 4, 2022

Sold

LARMLS #202110815

Dec 15, 2021

Pending

LARMLS #202110815

Oct 27, 2021

Listed (Active)

LARMLS #202110815

$225,000
Jul 22, 2020

Sold

LARMLS #202005983

Jun 18, 2020

Pending

LARMLS #202005983

Jun 18, 2020

Listed (Active)

LARMLS #202005983

$140,000,000
DateEvent & SourcePrice
04/01/2026

Listed (Active)

LARMLS #202604240

$199,000
12/12/2025

Withdrawn

LARMLS #202563136

$215,000
11/19/2025

Price Change

LARMLS #202563136

$225,000
11/15/2025

Listed (Active)

LARMLS #202563136

$240,000
08/16/2024

Withdrawn

LARMLS #202403626

$250,000
03/13/2024

Listed (Active)

LARMLS #202403626

$300,000
02/04/2022

Sold

LARMLS #202110815

12/15/2021

Pending

LARMLS #202110815

10/27/2021

Listed (Active)

LARMLS #202110815

$225,000
07/22/2020

Sold

LARMLS #202005983

06/18/2020

Pending

LARMLS #202005983

06/18/2020

Listed (Active)

LARMLS #202005983

$140,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2320 Colgate Street

Taxable ValueLand$5,203Additions$168,494Total$173,697
Tax Record2025$3,073 ($256 / month)
Home Facts
Total Finished SqFt3,108 SqFtAbove Grade Finished SqFt3,108 SqFtLot Size10,406 SqFtStyleMulti-Family Res (5+ Units)Year Built1955Zoning0038CountyLUBBOCKAPNR47027

Schools near 2320 Colgate Street

This home is within Lubbock Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Carmona-Harrison Elementary School
PublicPK to 5

Cavazos Middle School
Public6 to 8

Lubbock High School
Public9 to 12

Matthews Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2320 Colgate Street is a multi-family home for sale in Lubbock, TX 79415. This property was listed for sale on April 1, 2026 by Keller Williams Realty, it's currently listed at $199,000. It has been on the market for a total of 1 days and was last sold on February 4, 2022. This listing's school district is Lubbock Independent School District. Nearby schools include Carmona-Harrison Elementary School, Cavazos Middle School and Lubbock High School. 2320 Colgate Street is a 6-bed, 5-bath, 3,212 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.