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514 North Chicago Avenue

Lubbock, TX 79416

$278,000

Price

6

Beds

6

Baths

2,870 Sq. Ft.

$97

/ Sq. Ft.

2,870

Sq. Ft.

$97

per Sq. Ft.

Description

This fully leased duplex is an investor's dream, offering immediate rental income and strong potential for long-term appreciation. With both units occupied by reliable tenants, you can enjoy a steady stream of revenue from day one. Lubbock's growing real estate market and vibrant economy make this a smart addition to any investment portfolio. Don't miss out on this incredible opportunity to own a high-quality, income-generating property in one of Lubbock's most desirable areas.This fully leased duplex is an investor's dream, offering immediate rental income and strong potential for long-term appreciation. With both units occupied by reliable tenants, you can enjoy a steady stream of revenue from day one. Lubbock's growing real estate market and vibrant economy make this a smart addition to any investment portfolio. Don't miss out on this incredible opportunity to own a high-quality, income-generating property in one of Lubbock's most desirable areas.

  1. Listed by

    Nicki Turnbow • TREC #0792422 • Modern Day Living RE LLC

Amenities

  • Air Conditioning

Location

  • Compass
  • TX
  • Lubbock
  • 79416
  • Fountain Wood
  • 514 North Chicago Avenue

Listing Courtesy of Modern Day Living RE LLC

Add your commute

LISTING UPDATED: 06/13/2024 03:20 PM

Property Details for 514 North Chicago Avenue

StatusUnder Contract
MLS #202408090
Days on Market8
Taxes$5,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built2018
Lot Size0.18 AC / 7,800 SF
CountyLubbock County

Location

  • Compass
  • TX
  • Lubbock
  • 79416
  • Fountain Wood
  • 514 North Chicago Avenue

Listing Courtesy of Modern Day Living RE LLC

Add your commute

Building Information for 514 North Chicago Avenue

Stories-Residences-Year Built2018Building Size-Lot Size0.18 AC / 7,800 SF

Payment Calculator

$1,967 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,517

Property Taxes

$450

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 514 North Chicago Avenue

Summary

Location and General Information

  • FIPS Code: 303

  • School District: Lubbock ISD

  • School Name 1: Centennial

  • School Name 2: Mackenzie

  • School Name 3: Coronado

  • School Type 1: Elementary

  • School Type 2: Jr. High

  • School Type 3: High School

  • Style: 1 Story

  • Sub Zone: 804

  • Zip Plus 4: 2584

Owner

  • Owner Name: Provident Trust Groups LLC

Taxes and HOA Information

  • HOA: No

  • Proposed Financing: Conventional, FHA

Property

Lot Information

  • Acres: 0.1791

  • Age: 0

  • Improvements: Fencing

  • Lot Measurement: SqFt

  • Three Quarter Bathrooms: 0

Property and Assessments

  • Foundation: Slab

  • Property Subtype 1: Duplex

  • Streets: Paved

  • Year Built Exception: 0.0

Utilities

  • Cooling: Central Electric

  • Heat: Central Gas

Interior and Exterior Features

Exterior Features

  • Exterior: Brick

  • Roof: Composition

Interior Features

  • Quarter Bathrooms: 0

Multi Family

Unit 1

  • Unit 1 # of Spaces: 0

  • Unit 1 Bathrooms: 3.0

  • Unit 1 Bedrooms: 3

  • Unit 1 Features: Electric Range/Oven, Microwave, Refrigerator

  • Unit 1 Identical Unt: 0

  • Unit 1 Income: $1,199

  • Unit 1 Number: A

  • Unit 1 Occupied: Yes

  • Unit 1 SqFt: 1435.0

Unit 2

  • Unit 2 # of Spaces: 0

  • Unit 2 Bathrooms: 3

  • Unit 2 Bedrooms: 3

  • Unit 2 Features: Electric Range/Oven, Microwave, Refrigerator

  • Unit 2 Identical Unt: 0

  • Unit 2 Income: $1,199

  • Unit 2 Number: B

  • Unit 2 Occupied: Yes

  • Unit 2 SqFt: 1435.0

Unit 3

  • Unit 3 # of Spaces: 0

  • Unit 3 Bathrooms: 0

  • Unit 3 Bedrooms: 0

  • Unit 3 Identical Unt: 0

  • Unit 3 Income: $0

  • Unit 3 SqFt: 0.0

Unit 4

  • Unit 4 # of Spaces: 0

  • Unit 4 Bathrooms: 0

  • Unit 4 Bedrooms: 0

  • Unit 4 Identical Unt: 0

  • Unit 4 Income: $0

  • Unit 4 SqFt: 0.0

Unit 5

  • Unit 5 # of Spaces: 0

  • Unit 5 Bathrooms: 0

  • Unit 5 Bedrooms: 0

  • Unit 5 Identical Unt: 0

  • Unit 5 Income: $0

  • Unit 5 SqFt: 0.0

Unit 6

  • Unit 6 # of Spaces: 0

  • Unit 6 Bathrooms: 0

  • Unit 6 Bedrooms: 0

  • Unit 6 Identical Unt: 0

  • Unit 6 Income: $0

  • Unit 6 SqFt: 0.0

Unit 7

  • Unit 7 # of Spaces: 0

  • Unit 7 Bathrooms: 0

  • Unit 7 Bedrooms: 0

  • Unit 7 Identical Unt: 0

  • Unit 7 Income: $0

  • Unit 7 SqFt: 0.0

Unit 8

  • Unit 8 # of Spaces: 0

  • Unit 8 Bathrooms: 0

  • Unit 8 Bedrooms: 0

  • Unit 8 Identical Unt: 0

  • Unit 8 Income: $0

  • Unit 8 SqFt: 0.0

Property History for 514 North Chicago Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 514 North Chicago Avenue

Taxable ValueLand$17,500Additions$257,471Total$274,971

Tax Record2023$5,111 ($426 / month)

Home Facts

Total Finished SqFt2,870 SqFtAbove Grade Finished SqFt2,870 SqFtLot Size7,800 SqFtStyleDuplexYear Built2003CountyLUBBOCKAPNR171450

Schools near 514 North Chicago Avenue

This home is within

Lubbock 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

Centennial Elementary School

PublicPK to 5

Mackenzie Middle School

Public6 to 8

Coronado High School

Public9 to 12

Bowie 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Fountain Wood

Neighborhoods

  • Carlisle
  • Northwest Lubbock
  • Willow Bend
  • Westchester Park
  • Bowie
  • Pleasant Ridge
  • Shadow Hills
  • Westover Heights
  • North by Northwest
  • Whisperwood
  • Coronado
  • West End
  • Northridge
  • Maxey Park
  • Fountain Wood
  • North Pointe
  • Northeast Lubbock
  • Bushland Springs
  • Arnett Benson
  • Tech Terrace

Cities

  • Lubbock
  • Shallowater
  • Wolfforth
  • New Deal
  • Smyer
  • Ransom Canyon
  • Idalou
  • Ropesville
  • Abernathy
  • Slaton
  • Anton
  • New Home
  • Levelland
  • Meadow
  • Whitharral
  • Wilson
  • Lorenzo
  • Cotton Center
  • Petersburg
  • Littlefield

ZIPs

  • 79430
  • 79410
  • 79415
  • 79363
  • 79407
  • 79409
  • 79406
  • 79414
  • 79413
  • 79401
  • 79411
  • 79424
  • 79412
  • 79403
  • 79408
  • 79404
  • 79402
  • 79382
  • 79423
  • 79313

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Modern Day Living RE 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.

514 North Chicago Avenue, Lubbock, TX 79416 | Compass (2024)

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