7007 40th St

$212,900
Price
3
Beds
1,495 Sq. Ft.
$142 / Sq. Ft.
1,495
Sq. Ft.
$142
per Sq. Ft.

Description

Discover an incredible investment opportunity with these brand new three bedroom, two bath townhomes in the highly desirable Frenship East neighborhood. Located just off Milwaukee and 50th, this prime spot offers quick access to shopping, dining, and schools including the new Frenship Memorial Middle School. Each unit features durable vinyl plank flooring, low maintenance concrete backyards, and private concrete driveways, built with rental performance in mind. With pricing set below everything else...Discover an incredible investment opportunity with these brand new three bedroom, two bath townhomes in the highly desirable Frenship East neighborhood. Located just off Milwaukee and 50th, this prime spot offers quick access to shopping, dining, and schools including the new Frenship Memorial Middle School. Each unit features durable vinyl plank flooring, low maintenance concrete backyards, and private concrete driveways, built with rental performance in mind. With pricing set below everything else in the neighborhood, these properties are truly priced to sell. Estimated completion is at the end of the year, making them an ideal choice for your next rental portfolio addition.
  1. Listed by Houston Garrett • TREC #0740265 • Keller Williams Realty
    P: (806)-544-7343 C: (806)-544-7343 houston@garrettguarantee.com

Amenities

  • Air Conditioning
  • Attached Garage
  • Ceiling Fan
  • Central AC
  • Dishwasher
  • Disposal
  • Driveway
  • Electric Heat
LISTING UPDATED: 10/23/2025 09:59 AM

Property Details for 7007 40th Street

StatusActive
MLS #202561292
Days on Market83
Taxes$2,745 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Townhouse
Year Built2025
Lot Size0.09 AC / 4,070 SF
CountyLubbock County

Location

Listing Courtesy of Keller Williams Realty
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Building Information for 7007 40th Street

Stories-Residences-Year Built2025Lot Size0.09 AC / 4,070 SF

Payment Calculator

$1,281 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,052

Property Taxes

$229

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7007 40th Street

Summary
Location and General Information
  • MLS Area Major: 7
  • Latitude: 33.55738
  • Longitude: -101.969532
  • MLS Area Minor: 7
  • Unparsed First Line Address: 7007 40th Street
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: Frenship East L 30
School Information
  • Elementary School: Westwind
  • High School: Frenship
  • Middle Or Junior School: Heritage
  • District High School: Frenship ISD
Parking
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Above Grade Finished Area: 1495.0
  • Above Grade Finished Area Source: Builder
  • Living Area Source: Builder
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4070.0
  • Lot Size Acres: 0.09
  • Building Area Total: 1495.0
  • Lot Size Area: 0.09
  • Lot Size Units: Acres
Property and Assessments
  • New Construction: Yes
  • Parcel Number: R348242
  • Property Type: Residential,Condo
  • Year Built: 2025
  • Property Sub Type: Townhouse
Interior and Exterior Features
Exterior Features
  • Property Attached: Yes
Interior Features
  • Fireplace: No
  • Total Bathrooms Source: MLS
  • Baths Total: 2.0
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Cooling: Yes
  • Heating: Yes
  • Rooms Total: 0
Agent
Sale and Listing
  • Sold Exclusive: No
  • Listing Number: 202561292
  • Current Price: $212,900.00
  • Property Class: Residential

Property History for 7007 40th Street

DateEvent & SourcePriceAppreciation
Oct 2, 2025

Listed (Active)

LARMLS #202561292

$212,900
DateEvent & SourcePrice
10/02/2025

Listed (Active)

LARMLS #202561292

$212,900

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

Public Records for 7007 40th Street

Taxable ValueLand$30,000Additions-Total$30,000
Tax Record2024$619 ($52 / month)
Home Facts
Beds0Lot Size4,070 SqFtStyleResidentialCountyLUBBOCKAPNR348242

Schools near 7007 40th Street

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

Heritage Middle School
Public6 to 8

Frenship High School
Public9 to 12

Upland Heights Elementary School
PublicPK to 5

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

7007 40th Street is a townhouse for sale in Lubbock, TX 79407. This property was listed for sale on October 2, 2025 by Keller Williams Realty, it's currently listed at $212,900. This listing's school district is Frenship Independent School District. Nearby schools include Westwind Elementary School, Heritage Middle School and Frenship High School. 7007 40th Street is a 3-bed, 2-bath, 1,495 sqft townhouse built in 2025.

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.