Immediate cash flow opportunity now on market. 2 unit residential income property with tenants in place through summer 2026. Main unit is a 2 bedroom 1 bathroom home, and efficiency unit is a 1 bedroom, 1 bathroom. Total rent is $1,600 according to current lease agreements.

Architectural Style [] Attached Garage YN No Construction Materials Vinyl Siding Exterior Features [] Foundation Details [] Parking Features DrivewayOn Street Patio And Porch Features [] Pool Features [] Roof Composition Spa Features [] Window Features []

Above Grade Finished Area 1041 Appliances [] Basement [] Common Walls [] Cooling Ceiling Fan(s)Other Cooling YN Yes Flooring Vinyl Heating Other Heating YN Yes Interior Features [] Laundry Features [] Unit One Baths Total 1 Unit One Beds Total 2 Unit One Unit Sq Ft 777 Unit Two Baths Total 1 Unit Two Beds Total 1 Unit Two Unit Sq Ft 264

Accessibility Features [] Association Amenities [] Association Fee Includes [] Community Features [] Door Features [] Fencing [] Green Energy Generation [] Lease Term Options12 Months Yes Listing Terms CashConventional Lot Features [] New Construction YN No Other Equipment [] Other Structures [] PIDPUDNone Yes Property Attached YN No Property Condition [] Property Sub Type Multi Family Road Frontage Type City Street Road Surface Type All Weather Security Features None Sewer Public Sewer Special Listing Conditions [] Tenant Pays GasInternetWater Utilities Electricity ConnectedSewer Connected Water Source Public Waterfront Features []

© 2026 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-08-07T23:58:45.673.

2506 40th Street

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2506 40th Street Lubbock, TX 79413

Property Description

Architectural Style	[]
Attached Garage YN	No
Construction Materials	Vinyl Siding
Exterior Features	[]
Foundation Details	[]
Parking Features	Driveway On Street
Patio And Porch Features	[]
Pool Features	[]
Roof	Composition
Spa Features	[]
Window Features	[]

Above Grade Finished Area	1041
Appliances	[]
Basement	[]
Common Walls	[]
Cooling	Ceiling Fan(s) Other
Cooling YN	Yes
Flooring	Vinyl
Heating	Other
Heating YN	Yes
Interior Features	[]
Laundry Features	[]
Unit One Baths Total	1
Unit One Beds Total	2
Unit One Unit Sq Ft	777
Unit Two Baths Total	1
Unit Two Beds Total	1
Unit Two Unit Sq Ft	264

Accessibility Features	[]
Association Amenities	[]
Association Fee Includes	[]
Community Features	[]
Door Features	[]
Fencing	[]
Green Energy Generation	[]
Lease Term Options12 Months	Yes
Listing Terms	Cash Conventional
Lot Features	[]
New Construction YN	No
Other Equipment	[]
Other Structures	[]
PIDPUDNone	Yes
Property Attached YN	No
Property Condition	[]
Property Sub Type	Multi Family
Road Frontage Type	City Street
Road Surface Type	All Weather
Security Features	None
Sewer	Public Sewer
Special Listing Conditions	[]
Tenant Pays	Gas Internet Water
Utilities	Electricity Connected Sewer Connected
Water Source	Public
Waterfront Features	[]