3002 1st Pl

Lubbock, TX 79415

$185,000
Price
6
Beds
1,975 Sq. Ft.
$94 / Sq. Ft.
1,975
Sq. Ft.
$94
per Sq. Ft.
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Description

Fantastic multi-family investment opportunity offering excellent income potential! Renovated in 2026, this versatile property features a spacious duplex with two 3-bedroom, 2-bath units, that are both currently tenant occupied at $825 per month. The recent renovation provides fresh, updated finishes and added appeal while helping minimize maintenance. Conveniently located near Texas Tech University, University Medical Center, downtown Lubbock, shopping, dining, and major thoroughfares, this property...Fantastic multi-family investment opportunity offering excellent income potential! Renovated in 2026, this versatile property features a spacious duplex with two 3-bedroom, 2-bath units, that are both currently tenant occupied at $825 per month. The recent renovation provides fresh, updated finishes and added appeal while helping minimize maintenance. Conveniently located near Texas Tech University, University Medical Center, downtown Lubbock, shopping, dining, and major thoroughfares, this property is positioned in an area with strong rental demand. Whether you're expanding your investment portfolio or looking to live in one unit while leasing the other, this duplex offers exceptional flexibility and long-term value. Buyer to verify all measurements, schools, and permitted uses.
  1. Listed by Kensey Chase • TREC #0749269 • Real Broker, LLC • 940-231-8775

Property Details for 3002 1st Place

Subdivision Name
MADDOX BLK 18 L 10 & 11
Pool
No
Number Of Parking Spaces
0
LISTING UPDATED: 07/08/2026 12:28 PM

Property Details for 3002 1st Place

StatusActive
MLS #21320133
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1938
Lot Size0.15 AC / 6,560 SF
CountyLubbock County
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Location

Listing Courtesy of Real Broker, LLC
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Building Information for 3002 1st Place

Stories1Residences2Year Built1938Building Size-Lot Size0.15 AC / 6,560 SF

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$1,132 per month

30 year fixed, 6.36% Interest

Principal and Interest

$922

Property Taxes

$210

HOA Dues

$0

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Property Information for 3002 1st Place

Summary
Location and General Information
  • Block: 18
  • Complex Name: 3002 1st pl
  • Directions: GPS
  • Elementary School: Wilson
  • Elementary School Name: Wilson
  • High School: Lubbock
  • High School Name: Lubbock
  • Middle School: Atkins
  • Year Built Details: Preowned
  • School District: Lubbock ISD
  • Geocode Confidence: High
  • Latitude: 33.60
  • Longitude: -101.88
  • State: Texas
Parking
  • Parking Features: Additional Parking, Other
Taxes and HOA Information
  • Association Type: None
  • Tax Lot: 10
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Other
  • Heating: Other
  • Interior Features: Pantry
  • Appliances: Other
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Other
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: Address
Lot Information
  • Lot Size Acres: 0.1506
  • Lot Size Area: 6560.0
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 6560.0
  • Multi Parcel ID: No
  • Parcel Number: 0000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 10.81%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $20,000
  • Insurance Expense: $1,200
  • Net Operation Income: $20,000.00
Unit 1
  • Approximate SQFT: 0.0
  • Average Lease Amount: $825.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 0.0
  • Average Lease Amount: $825.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 3002 1st Place

DateEvent & SourcePriceAppreciation
Jul 2, 2026

Listed (Active)

NTREIS #21320133

$185,000—
Aug 18, 2025

Sold (Public Record)

Public Record #1936736476

—
DateEvent & SourcePrice
07/02/2026

Listed (Active)

NTREIS #21320133

$185,000
08/18/2025

Sold (Public Record)

Public Record #1936736476

—

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

Public Records for 3002 1st Place

Taxable ValueLand$1,250Additions$141,300Total$142,550
Tax Record2025$2,522 ($210 / month)
Home Facts
Total Finished SqFt1,975 SqFtAbove Grade Finished SqFt1,975 SqFtLot Size6,560 SqFtStyleDuplexYear Built1938Zoning0038CountyLUBBOCKAPNR50348

Schools near 3002 1st Place

This home is within Lubbock Independent School District.
Rating
School
Type
Grades
Distance
Mcwhorter Elementary School
Public - PK to 5
Cavazos Middle School
Public - 6 to 8
Lubbock High School
Public - 9 to 12
Dupre Academy High School
Public - 9 to 12
Rating
School
Distance
Mcwhorter Elementary School
PublicPK to 5

Cavazos Middle School
Public6 to 8

Lubbock High School
Public9 to 12

Dupre Academy High School
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.

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More information about 3002 1st Place, Lubbock, TX 79415

3002 1st Place is a multi-family home for sale in Lubbock, TX 79415. This property was listed for sale on July 2, 2026 by Real Broker, LLC, it's currently listed at $185,000. It has been on the market for a total of 12 days and was last sold on August 18, 2025. This listing's school district is Lubbock Independent School District. Nearby schools include Mcwhorter Elementary School, Cavazos Middle School and Lubbock High School. 3002 1st Place is a 6-bed, 4-bath, 1,975 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC

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.