7029 40th Street

Property feature image
Address: 7029 40th St, Lubbock, TX 79407, USA
Texas + 2-4 Units
Created date: July 28, 2026
Date last updated: October 2, 2026
Price: $796,000Investment Analyzer NEW!

Property Description

Exceptional Investment Opportunity featuring a newly constructed 4 unit Townhome building in one of West Lubbock's fastest-growing areas. Ideally located within walking distance of Frenship Memorial High School and just minutes from Canyon West Shopping Center, residents will enjoy convenient access to shopping, dining, and entertainment. Designed for long-term, low maintenance ownership, these Class A Townhomes offer attractive curb appeal and beautiful interior finishes that appeal to today's tenants. With Quality construction, modern design, and a highly desirable location, this property is well-positioned to generate strong rental demand and long-term appreciation. Whether you're looking to expand your portfolio or invest in a turnkey multifamily asset, this is an outstanding opportunity in a thriving West Lubbock market!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $796,000
No. of Units: 4
Year Built: 2026
Lot Size: 5,300.00 Sq ft
Opportunity Zone: No
Price per unit: $199,000
Property Website Click Here
Number of Bedrooms: 12
Number of Bathrooms: 8
Address: 7029 40th Street, Lubbock, TX 79407, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

5740 Goodwin Avenue

Dallas, Texas
Texas + 2-4 Units
Units: 2
Price: $775,000

208 Alpine Court

Irving, Texas
Texas + 2-4 Units
Units: 4
Price: $590,000

1003 WYOMING Avenue

El Paso, Texas
Texas + 2-4 Units
Units: 2
Price: $465,000

Brokers

View All

Lenders

View All