About This Home
This 7-bedroom, 6-bathroom residential multi family at 1305 S 9th Street in Slaton, TX is listed for $349,000 ($111 per sqft). Built in 1945, the home offers 3,140 sqft of living space on a 0.48 acres lot.
Key Features
- Built in 1945
- 0.48 acre lot
Property Details
Amenities
Fully occupied. All six units were leased as of September 30, 2026. Staggered lease expirations. All six current leases expire between December 2026 and September 2028, so rollover is spread out over time. Affordable, efficient unit mix. Five one-bedroom units (400-500 SF) and one two-bedroom unit (840 SF), with rents from $585 to $899 per month.
In-place rents close to market. Current rents are within 2% of market rents on the rent roll. Reported average one-bedroom rent in Slaton was about $648 in December 2024, in line with this property's one-bedroom rents. Convenient location. Slaton sits along U.S. Highway 84, about 15 miles from Lubbock and its employment base. Professionally managed with a full year of documented operating expenses.
Monthly Cost Estimate
$1,867/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1305 S 9th Street
Slaton, TX 79364
Property Details
Construction
Parking
Cooling
Questions & Answers
This 7-bedroom, 6-bathroom residential multi family at 1305 S 9th Street is listed at $349,000 ($111/sqft). The estimated monthly payment is $1,867 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1945, 0.48 acre lot.
This property is listed by Casey Klingensmith and can be reached at 9403283123.