4318 58th St · Lubbock, TX 79413

$215,000

4 bd · 3.0 ba · 2,330 sqft · MultiFamily public records · 514 Days on market

Built 1966 9,450 sqft lot

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.5/30.0
• DSCR +7.9/10.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• Livability +4.0/5.0
• Schools +3.1/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Charming Duplex in Lubbock, Texas - Perfect Investment Opportunity! This well-maintained duplex, offers the perfect combination of comfort and functionality. A- 2-1.5-1 B- 2-1.5-1, providing plenty of space for families, roommates, or tenants seeking a comfortable living arrangement. The inviting living rooms in both units are highlighted by cozy fireplaces, creating the perfect ambiance for relaxing evenings or gatherings. Each unit also boasts its own attached single-car garage, providing convenience and security for parking and additional storage. Located in a desirable neighborhood, this property is close to schools, shopping, dining, and entertainment options, making it an attractive choice for both homeowners and renters alike. Whether you're looking for a home with rental income potential, an investment property, or a multi-generational living setup, this duplex is a rare find!

Key facts

• Close to schools
• Close to dining
• Close to shopping

Tags

• ATTACHED SINGLE-CAR GARAGE
• CLOSE TO SCHOOLS
• CLOSE TO SHOPPING
• CLOSE TO DINING
• CLOSE TO ENTERTAINMENT OPTIONS

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.5-bath units multifamily listed at $215k.

Deal economics

• At list price, monthly cash flow is $439 ($5k/yr) — positive. Per door: $220/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $215k).
• Recommended offer: $189k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 80/100 on livability (#37 in TX, #1,749 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, schools D+, crime F.
• Lubbock ISD (urban): math 36% / reading 39% proficiency, ranked #481 of 826 in TX (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.9%/yr); 183 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 64% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,219 units permitted in Lubbock County in 2024 (252 in 5+ unit buildings).
• This rent runs 41% of the median local income ($69k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Lubbock County population projected at +39% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 514 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 514 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 8.74%
• Cash-on-cash: 8.75%
• DSCR: 1.39
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.94% rent growth · sell at horizon

5-year hold

• IRR: -4.2%
• Equity multiple: 0.84×
• Total profit: $-9,373
• Equity at exit: $32,057

10-year hold

• IRR: 4.2%
• Equity multiple: 1.30×
• Total profit: $17,803
• Equity at exit: $18,589

Cash invested: $60,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79413

• Rents YoY: 1.9%
• Active inventory: 183
• Price-to-rent: 15.1×

Monthly cashflow live

• Estimated rent: $2,377 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$222 /mo · $2,660/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$499
• Net cashflow: $439

Break-even live

Break-even rent $1,821

Max offer price $215,000

Occupancy floor 77%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1.5	$2,378
Total (2 units)			$2,377

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4324 56th St Lubbock, TX	4.0	2.0	2014	$2,000	$0.99	43d	1	0.11mi
4213 54th St Lubbock, TX	3.0	2.0	1680	$1,550	$0.92	13d	1	0.22mi
4314 52nd St Unit A Lubbock, TX	3.0	2.0	1863	$1,400	$0.75	21d	1	0.36mi
4210 52nd St Lubbock, TX	3.0	2.0	1715	$1,575	$0.92	13d	1	0.38mi
4608 60th St Lubbock, TX	3.0	2.0	1769	$1,650	$0.93	21d	1	0.39mi
6309 Nashville Dr Lubbock, TX	3.0	2.0	2168	$1,799	$0.83	43d	1	0.46mi
3423 56th St Lubbock, TX	3.0	2.0	2224	$1,895	$0.85	43d	1	0.77mi
3712 47th St Lubbock, TX	3.0	2.0	1767	$1,400	$0.79	21d	1	0.83mi
3708 46th St Lubbock, TX	3.0	2.0	2378	$1,750	$0.74	13d	1	0.89mi
4310 42nd St Lubbock, TX	3.0	2.0	1754	$1,700	$0.97	43d	1	0.99mi
7201 Memphis Ave Unit b Lubbock, TX	3.0	2.5	1627	$1,250	$0.77	43d	1	1.02mi
4211 41st St Lubbock, TX	4.0	2.0	1960	$1,599	$0.82	43d	1	1.03mi
3612 44th St Lubbock, TX	3.0	2.0	1675	$1,850	$1.10	43d	1	1.04mi
3236 63rd St Lubbock, TX	3.0	2.5	1818	$1,524	$0.84	13d	1	1.10mi
5017 46th St Lubbock, TX	3.0	2.0	1753	$1,600	$0.91	43d	1	1.16mi
3312 47th St Lubbock, TX	3.0	2.0	1880	$1,795	$0.95	43d	1	1.19mi
7616 Utica Ave Lubbock, TX	3.0	2.5	1913	$2,100	$1.10	43d	1	1.34mi
4522 79th St Lubbock, TX	3.0	2.0	1933	$1,800	$0.93	21d	1	1.34mi
3712 37th St Lubbock, TX	4.0	2.0	1672	$2,100	$1.26	43d	1	1.38mi
4606 35th St Lubbock, TX	4.0	2.0	1684	$1,800	$1.07	43d	1	1.46mi
3307 74th St Unit A Lubbock, TX	3.0	2.5	2024	$1,540	$0.76	43d	1	1.47mi
2823 54th St Lubbock, TX	3.0	2.0	1725	$1,825	$1.06	43d	1	1.48mi

Listing history 26 events

1. 2026-06-18
   days on market $215,000 Active 514 DOM
2. 2026-06-17
   days on market $215,000 Active 513 DOM
3. 2026-06-16
   days on market $215,000 Active 512 DOM
4. 2026-06-15
   days on market $215,000 Active 511 DOM
5. 2026-06-14
   days on market $215,000 Active 509 DOM
6. 2026-06-13
   days on market $215,000 Active 508 DOM
7. 2026-06-10
   days on market $215,000 Active 506 DOM
8. 2026-06-09
   days on market $215,000 Active 505 DOM
9. 2026-06-08
   days on market $215,000 Active 504 DOM
10. 2026-06-07
    days on market $215,000 Active 503 DOM
11. 2026-06-05
    days on market $215,000 Active 500 DOM
12. 2026-06-03
    days on market $215,000 Active 499 DOM
13. 2026-06-02
    days on market $215,000 Active 498 DOM
14. 2026-06-01
    days on market $215,000 Active 497 DOM
15. 2026-05-31
    days on market $215,000 Active 496 DOM
16. 2026-05-30
    days on market $215,000 Active 495 DOM
17. 2025-09-15
    price $215,000 897-char remark

    Show marketing remark (897 chars)

    Charming Duplex in Lubbock, Texas - Perfect Investment Opportunity! This well-maintained duplex, offers the perfect combination of comfort and functionality. A- 2-1.5-1 B- 2-1.5-1, providing plenty of space for families, roommates, or tenants seeking a comfortable living arrangement. The inviting living rooms in both units are highlighted by cozy fireplaces, creating the perfect ambiance for relaxing evenings or gatherings. Each unit also boasts its own attached single-car garage, providing convenience and security for parking and additional storage. Located in a desirable neighborhood, this property is close to schools, shopping, dining, and entertainment options, making it an attractive choice for both homeowners and renters alike. Whether you're looking for a home with rental income potential, an investment property, or a multi-generational living setup, this duplex is a rare find!

18. 2025-07-15
    status Active 897-char remark

    Show marketing remark (897 chars)

    Charming Duplex in Lubbock, Texas - Perfect Investment Opportunity! This well-maintained duplex, offers the perfect combination of comfort and functionality. A- 2-1.5-1 B- 2-1.5-1, providing plenty of space for families, roommates, or tenants seeking a comfortable living arrangement. The inviting living rooms in both units are highlighted by cozy fireplaces, creating the perfect ambiance for relaxing evenings or gatherings. Each unit also boasts its own attached single-car garage, providing convenience and security for parking and additional storage. Located in a desirable neighborhood, this property is close to schools, shopping, dining, and entertainment options, making it an attractive choice for both homeowners and renters alike. Whether you're looking for a home with rental income potential, an investment property, or a multi-generational living setup, this duplex is a rare find!

19. 2025-07-15
    historical 897-char remark

    Show marketing remark (897 chars)

    Charming Duplex in Lubbock, Texas - Perfect Investment Opportunity! This well-maintained duplex, offers the perfect combination of comfort and functionality. A- 2-1.5-1 B- 2-1.5-1, providing plenty of space for families, roommates, or tenants seeking a comfortable living arrangement. The inviting living rooms in both units are highlighted by cozy fireplaces, creating the perfect ambiance for relaxing evenings or gatherings. Each unit also boasts its own attached single-car garage, providing convenience and security for parking and additional storage. Located in a desirable neighborhood, this property is close to schools, shopping, dining, and entertainment options, making it an attractive choice for both homeowners and renters alike. Whether you're looking for a home with rental income potential, an investment property, or a multi-generational living setup, this duplex is a rare find!

20. 2025-01-20
    listed $225,000 Active 897-char remark

    Show marketing remark (897 chars)

    Charming Duplex in Lubbock, Texas - Perfect Investment Opportunity! This well-maintained duplex, offers the perfect combination of comfort and functionality. A- 2-1.5-1 B- 2-1.5-1, providing plenty of space for families, roommates, or tenants seeking a comfortable living arrangement. The inviting living rooms in both units are highlighted by cozy fireplaces, creating the perfect ambiance for relaxing evenings or gatherings. Each unit also boasts its own attached single-car garage, providing convenience and security for parking and additional storage. Located in a desirable neighborhood, this property is close to schools, shopping, dining, and entertainment options, making it an attractive choice for both homeowners and renters alike. Whether you're looking for a home with rental income potential, an investment property, or a multi-generational living setup, this duplex is a rare find!

21. 2023-09-11
    soldstatus
22. 2023-09-06
    soldstatus Closed 285-char remark

    Show marketing remark (285 chars)

    Duplex for sale off 58th and Quaker. Both sides occupied. A- 2-1-2 B- 2-1-1. $10,000 updating allowance with full priced offer. Call for more information or to scheudle a viewing. 24 hour notice before showing ( listing agent is related to the seller - seller is my auntin Arizona)

23. 2023-07-10
    status Pending 285-char remark

    Show marketing remark (285 chars)

    Duplex for sale off 58th and Quaker. Both sides occupied. A- 2-1-2 B- 2-1-1. $10,000 updating allowance with full priced offer. Call for more information or to scheudle a viewing. 24 hour notice before showing ( listing agent is related to the seller - seller is my auntin Arizona)

24. 2023-06-16
    listed $210,000 Active 285-char remark

    Show marketing remark (285 chars)

    Duplex for sale off 58th and Quaker. Both sides occupied. A- 2-1-2 B- 2-1-1. $10,000 updating allowance with full priced offer. Call for more information or to scheudle a viewing. 24 hour notice before showing ( listing agent is related to the seller - seller is my auntin Arizona)

25. 2005-10-04
    soldstatus
26. 1999-08-03
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,660 · $222/mo
• Projected year-2 tax: $3,934 · $328/mo
• Expected delta: +$1,275/yr (+$106/mo · 47.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,524
• − Mortgage interest: −$12,043
• − Property taxes: −$2,660
• − Insurance: −$1,075
• − Repairs & maintenance: −$2,282
• − Management: −$2,282
• − Depreciation: −$6,255
• Taxable income: $1,928
• Est. tax owed @ 24.0%: −$463
• After-tax cash flow: $4,807/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lubbock ISD
• NCES district ID: 4828500
• Math proficiency: 36% ▼ -8.00%
• Reading proficiency: 39% ▼ -1.00%
• Median HH income: $39,820
• Composite: 31.44/100
• National rank: #5984
• State rank: #481 of 826 in TX

Livability — Lubbock

• Score: 80/100
• State rank: #37
• US rank: #1749

Category grades

Amenities A Commute A+ Cost of living A+ Crime F Employment C- Housing A+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lubbock, TX
• County: Lubbock County · 293,542 people
• City population: 283,030
• Metro: Lubbock, TX
• Population (ZIP): 23,343
• Household income: $69,400
• Rent vs Own: 43.9% rent · 56.1% own
• Severe rent burden: 1211.0

Population outlook (Lubbock County) Hauer SSP2

• Today (2025): 345,960 people
• By 2030: 371,449 · +7.4%
• By 2040: 424,539 · +22.7%
• By 2050: 481,150 · +39.1%
• By 2075: 633,467 · +83.1%
• By 2100: 746,853 · +115.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 54% Hispanic / Latino 34% Two or more races 18% Black 6%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Slovak 2% Italian 2% Serbian 1%
• Foreign-born: 3% · Canada, China
• Languages at home: 88% English-only · Spanish 10% Chinese 1%

Political lean MEDSL · Lubbock

• 2024 margin: Solid R (+39.5) · D 29.7% · R 69.2% · Other 1.0%
• 2008→2024 swing: -2.8pp toward R · 2008: -36.7pp · 2024: -39.5pp
• All cycles: 2024: R+39.5 2020: R+32.2 2016: R+38.4 2012: R+40.9 2008: R+36.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -145.52%
• Current HPI: 239.8854
• Rent YoY: ▲ 1.94%
• Metro: Lubbock, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+2.4% since first listed

10 events — show timeline

• 2025-09-15 Price Changed $215,000 LARMLS
• 2025-07-15 Relisted — LARMLS
• 2025-07-15 Delisted — LARMLS
• 2025-01-20 Listed $225,000 LARMLS
• 2023-09-11 Sold (Public Records) — Public Records
• 2023-09-06 Sold (MLS) — LARMLS
• 2023-07-10 Pending — LARMLS
• 2023-06-16 Listed $210,000 LARMLS
• 2005-10-04 Sold (Public Records) — Public Records
• 1999-08-03 Sold (Public Records) — Public Records

Property tax history

+1.7%/yr

Latest (2025): $2,660 · -4.0% YoY. Source: county tax records.