# 2302 40th Street, Lubbock, TX 79412

> **TL;DR:** 4bd/2ba multi-family, $150,000 ($95/sqft), built 1975, 1,586 sqft.
> A/C. Est. $802/mo. Listed 122 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $150,000 |
| Price/sqft | $95 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,586 |
| Year Built | 1975 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | Active |
| Days on Market | 122 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $758 |
| Estimated Insurance | $44 |
| **Total** | **$802** |

## Nearby Schools

- **Elementary:** Brown
- **Middle:** Slaton
- **High:** Monterey

## Key Amenities

- A/C

## Property Highlights

- Built in 1975
- 0.19 acre lot

## Description

### Agent Description
Excellent opportunity just off University Avenue for investors seeking a fully leased duplex in Lubbock's high-demand rental market. Both Unit A and Unit B are leased at $749 per month, providing immediate rental income from day one. Each side features a functional 2-bedroom, 1-bath layout with its own private fenced backyard and dedicated off-street parking. Conveniently located just minutes from Texas Tech, UMC, Covenant, shopping, dining, and major employment centers, this property offers stable cash flow and a prime location with strong long-term investment potential.

## Location

- **Address:** 2302 40th Street, Lubbock, TX 79412
- **County:** Lubbock
- **Coordinates:** 33.558132, -101.866284
- **Google Maps:** https://www.google.com/maps?q=33.558132,-101.866284

## Listing Agent

- **Name:** Houston Garrett · **License:** 0740265
- **Brokerage:** Keller Williams Realty
- **Broker Phone:** (806) 771-7710
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2302-40th-St_Lubbock_TX_79412_M81971-64037?f=listhub&s=LAORTX&m=202609061&c=propsimple)

## Photos

![2302 40th Street - Photo 1](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f920477776r.jpg)

![2302 40th Street - Photo 2](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3557934644r.jpg)

![2302 40th Street - Photo 3](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2351621482r.jpg)

![2302 40th Street - Photo 4](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2625033641r.jpg)

![2302 40th Street - Photo 5](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3739632567r.jpg)

![2302 40th Street - Photo 6](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3491555604r.jpg)

![2302 40th Street - Photo 7](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1625776352r.jpg)

![2302 40th Street - Photo 8](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f4089165244r.jpg)

![2302 40th Street - Photo 9](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2652580247r.jpg)

![2302 40th Street - Photo 10](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1806079111r.jpg)

![2302 40th Street - Photo 11](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f268855038r.jpg)

![2302 40th Street - Photo 12](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f580802405r.jpg)

![2302 40th Street - Photo 13](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2504526145r.jpg)

![2302 40th Street - Photo 14](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2582554980r.jpg)

![2302 40th Street - Photo 15](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3775794609r.jpg)

![2302 40th Street - Photo 16](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3073012465r.jpg)

![2302 40th Street - Photo 17](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f819507078r.jpg)

![2302 40th Street - Photo 18](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1004174286r.jpg)

![2302 40th Street - Photo 19](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1700837487r.jpg)

![2302 40th Street - Photo 20](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3150449843r.jpg)

![2302 40th Street - Photo 21](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f260889934r.jpg)

![2302 40th Street - Photo 22](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f260889934r.jpg)

![2302 40th Street - Photo 23](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2839862756r.jpg)

![2302 40th Street - Photo 24](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2712635146r.jpg)

![2302 40th Street - Photo 25](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3784028803r.jpg)

![2302 40th Street - Photo 26](http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2742329482r.jpg)

---

**MLS#:** 202609061 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2302-40th-street-lubbock-tx-79412-329450b05752431c90ffb96f3b97aac0)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "@id": "https://www.propertysimple.ai/listing/2302-40th-street-lubbock-tx-79412-329450b05752431c90ffb96f3b97aac0#listing",
  "url": "https://www.propertysimple.ai/listing/2302-40th-street-lubbock-tx-79412-329450b05752431c90ffb96f3b97aac0",
  "name": "2302 40th Street, Lubbock, TX 79412",
  "description": "Excellent opportunity just off University Avenue for investors seeking a fully leased duplex in Lubbock's high-demand rental market. Both Unit A and Unit B are leased at $749 per month, providing immediate rental income from day one. Each side features a functional 2-bedroom, 1-bath layout with its own private fenced backyard and dedicated off-street parking. Conveniently located just minutes from Texas Tech, UMC, Covenant, shopping, dining, and major employment centers, this property offers stable cash flow and a prime location with strong long-term investment potential.",
  "image": [
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f920477776r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3557934644r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2351621482r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2625033641r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3739632567r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3491555604r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1625776352r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f4089165244r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2652580247r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1806079111r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f268855038r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f580802405r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2504526145r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2582554980r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3775794609r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3073012465r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f819507078r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1004174286r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1700837487r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3150449843r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f260889934r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2839862756r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2712635146r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3784028803r.jpg",
    "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2742329482r.jpg"
  ],
  "primaryImageOfPage": {
    "@type": "ImageObject",
    "url": "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f920477776r.jpg",
    "caption": "2302 40th Street - Lubbock, TX"
  },
  "datePosted": "2026-07-02",
  "dateModified": "2026-10-27T17:27:01.043Z",
  "mainEntity": {
    "@type": "Accommodation",
    "@id": "https://www.propertysimple.ai/listing/2302-40th-street-lubbock-tx-79412-329450b05752431c90ffb96f3b97aac0#property",
    "name": "2302 40th Street, Lubbock, TX 79412",
    "address": {
      "@type": "PostalAddress",
      "streetAddress": "2302 40th Street",
      "addressLocality": "Lubbock",
      "addressRegion": "TX",
      "postalCode": "79412",
      "addressCountry": "US"
    },
    "geo": {
      "@type": "GeoCoordinates",
      "latitude": 33.558132,
      "longitude": -101.866284
    },
    "image": [
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f920477776r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3557934644r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2351621482r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2625033641r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3739632567r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3491555604r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1625776352r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f4089165244r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2652580247r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1806079111r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f268855038r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f580802405r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2504526145r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2582554980r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3775794609r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3073012465r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f819507078r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1004174286r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f1700837487r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3150449843r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f260889934r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2839862756r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2712635146r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f3784028803r.jpg",
      "http://lh.rdcpix.com/1b4979ba174ab1d10ffa59a0d5936983l-f2742329482r.jpg"
    ],
    "identifier": {
      "@type": "PropertyValue",
      "propertyID": "MLS",
      "value": "202609061"
    },
    "accommodationCategory": "Duplex",
    "numberOfBedrooms": 4,
    "numberOfBathroomsTotal": 2,
    "numberOfFullBathrooms": 2,
    "floorSize": {
      "@type": "QuantitativeValue",
      "value": 1586,
      "unitCode": "FTK",
      "unitText": "square feet"
    },
    "yearBuilt": 1975,
    "amenityFeature": [
      {
        "@type": "LocationFeatureSpecification",
        "name": "Heating",
        "value": "Central"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Cooling",
        "value": "Central Air, Ceiling Fan(s)"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Appliances",
        "value": "Electric Oven"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Flooring",
        "value": "Vinyl"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Construction Materials",
        "value": "Brick"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Air Conditioning",
        "value": true
      }
    ],
    "additionalProperty": [
      {
        "@type": "PropertyValue",
        "name": "Lot Size",
        "value": "0.19 acres"
      },
      {
        "@type": "PropertyValue",
        "name": "Property Subtype",
        "value": "Duplex"
      }
    ]
  },
  "offers": {
    "@type": "Offer",
    "@id": "https://www.propertysimple.ai/listing/2302-40th-street-lubbock-tx-79412-329450b05752431c90ffb96f3b97aac0#offer",
    "url": "https://www.propertysimple.ai/listing/2302-40th-street-lubbock-tx-79412-329450b05752431c90ffb96f3b97aac0",
    "price": 150000,
    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
    "seller": {
      "@id": "https://www.propertysimple.ai/listing/2302-40th-street-lubbock-tx-79412-329450b05752431c90ffb96f3b97aac0#agent"
    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/2302-40th-street-lubbock-tx-79412-329450b05752431c90ffb96f3b97aac0#agent",
    "name": "Houston Garrett",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/2302-40th-street-lubbock-tx-79412-329450b05752431c90ffb96f3b97aac0#brokerage",
      "name": "Keller Williams Realty",
      "telephone": "(806) 771-7710",
      "logo": {
        "@type": "ImageObject",
        "url": "http://lh.rdcpix.com/0ea59a71fa4c11e4a9f9da6c6cf365e9k-c4101944839r.png"
      }
    }
  }
}
```