2302 40th St
Lubbock, TX 79412
Clapp Park
4 Beds
2 Baths
1,586 sqft
4 Beds
2 Baths
1,586 sqft
Home Highlights
Price/Sqft
$95
Listed
51 days ago
Climate Control
Central & Central Air, Ceiling Fans
Local Information
- Map ViewExplore the area around 2302 40th St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 11 hours ago
Listing courtesy of Houston Garrett TREC #0740265, (806) 544-7343
Keller Williams Realty
Source: LBMLS, MLS#202609061
Also Listed on LBMLS.
Home Details for 2302 40th St
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1586 Square Feet |
Appliances & Utilities Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water ConnectedAppliances: Electric Oven |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Vinyl |
Levels, Entrance, & Accessibility Floors: Vinyl |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: CompositionFencing: FencedFoundation: Slab |
Parking & Garage No Attached GarageParking: Concrete |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1586 Square Feet |
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Cumulative Days on Market: 13Days on Market: 51 |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family |
Building Construction Materials: BrickNot a New Construction |
Property Information Condition: Updated/RemodeledParcel Number: R30270 |
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Price List Price: $150,000Price Per Sqft: $95 |
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MLS Status: Active |
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Direction & Address City: Lubbock |
School Information Elementary School: BrownJr High / Middle School: SlatonHigh School: MontereyHigh School District: Lubbock ISD |
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Listing Agent Listing ID: 202609061 |
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Building Area Building Area: 1586 Square Meters |
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Lot Area: 8276.4 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Expense Tenant Pays: All Utilities |
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Mls Number: 202609061Above Grade Unfinished Area: 1586 |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Clapp Park
At least 38 Trulia users voted on each feature.
85 % Say parking is easy
82 % Say there are sidewalks
73 % Say car is needed
62 % Say yards are well-kept
61 % Say it's dog friendly
59 % Say it's walkable to grocery stores
57 % Say there's holiday spirit
57 % Say kids play outside
55 % Say it's walkable to restaurants
44 % Say it's quiet
43 % Say there's wildlife
39 % Say neighbors are friendly
32 % Say people would walk alone at night
30 % Say they plan to stay for at least 5 years
29 % Say streets are well-lit
13 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Lubbock
Last updated July 2026
Avg. sale price
$236K
$6.67KMoM
Sale-to-List Price
99.1%
0.3%MoM
Price per sq ft
$135
$3MoM
Available listings
1588
49MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.46 | Multi-Family Home | - | 04/10/26 | 4 | 2 | 1,611 | |
0.27 | Multi-Family Home | - | 10/17/25 | 3 | 2 | 1,041 | |
0.26 | Multi-Family Home | - | 03/12/26 | 2 | 2 | 1,232 | |
0.46 | Multi-Family Home | - | 07/22/26 | 4 | 2 | 2,262 | |
0.46 | Multi-Family Home | - | 07/22/26 | 4 | 2 | 2,291 | |
0.70 | Multi-Family Home | - | 02/19/26 | 4 | 2 | 1,450 | |
0.55 | Multi-Family Home | - | 06/04/26 | 2 | 2 | 1,314 | |
0.46 | Multi-Family Home | - | 07/22/26 | 4 | 2 | 2,277 | |
0.41 | Multi-Family Home | - | 12/10/25 | 4 | 4 | 2,600 | |
0.62 | Multi-Family Home | - | 03/13/26 | 5 | 3 | 2,192 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $150,000 | 4 | 2 | 1,586 | For Sale | |
0.04 | $154,900 | 4 | 2 | 2,029 | Foreclosure | |
0.03 | - | - | - | - | Off Market | |
0.07 | $128,000 | 23 | 2 | 1,276 | For Sale | |
0.08 | $76,600 | 2 | 1 | 728 | Off Market | |
0.05 | $161,100 | 4 | 2 | 2,116 | Off Market | |
0.06 | $76,600 | 2 | 2 | 1,186 | Off Market | |
0.07 | $99,000 | 3 | 1 | 1,064 | For Sale | |
0.11 | - | 2 | 1 | 724 | Recently Sold | |
0.10 | $110,700 | 3 | 1 | 1,115 | Off Market | |
0.13 | $84,200 | 3 | 1 | 1,391 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jul 2, 2026 Source: LBMLS #202609061 | Listed For Sale | $150,000 |
Jan 5, 2026 Source: LBMLS #202560706 | ListingRemoved | $150,000 |
Sep 19, 2025 Source: LBMLS #202560706 | PriceChange | $150,000 Price decreased by 6% |
Jul 22, 2025 Source: LBMLS #202556392 | PriceChange | $160,000 Price decreased by 3% |
Jun 16, 2025 Source: LBMLS #202556392 | Listed For Sale | $165,000 |
Mar 9, 2016 Source: N/A | Sold | -- |
| Year | Property tax | Tax assessment |
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| 2025 | $2,340 | $132,233 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Houston Garrett, Keller Williams Realty
Agent Phone: (806) 544-7343
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Frequently asked questions about 2302 40th St
- What is the estimated monthly payment for 2302 40th St?Based on a $150,000 list price with 20% down at today's rates, the estimated monthly payment for 2302 40th St in Lubbock, TX is approximately $1,047 (about $782 principal & interest, $190 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 2302 40th St compare to homes in Lubbock?2302 40th St in Lubbock, TX is listed at $150,000, about 36% below the $236K median sale price in Lubbock.
- What do residents say about the Clapp Park neighborhood?Residents describe the Clapp Park neighborhood in Lubbock, TX as easy to park in, pedestrian-friendly, and well-kept. See homes for sale in Clapp Park, Lubbock.
- What are the closest schools to 2302 40th St?The closest schools to 2302 40th St in Lubbock, TX are Atkins Middle School (rated 3/10), Brown Elementary School, Monterey High School (rated 5/10).
- Does 2302 40th St have air conditioning?Yes, 2302 40th St in Lubbock, TX has air conditioning.
- Does 2302 40th St have parking?Yes, 2302 40th St in Lubbock, TX has on-site parking.
2302 40th St, Lubbock, TX 79412 is a 4 bedroom, 2 bathroom, 1,586 sqft multi-family built in 1975. 2302 40th St is located in Clapp Park, Lubbock. This property is currently available for sale and was listed by LBMLS on Jul 2, 2026. The MLS # for this home is MLS# 202609061.