2506 40th St
Lubbock, TX 79413
Wheelock & Monterey- 3 Beds
- 2 Baths
- 1,041 sqft
3 Beds
2 Baths
1,041 sqft
Home Highlights
Parking
Open Parking
Climate Control
Heating & Cooling
Price/Sqft
$132
Listed
22 days ago
Local Information
-- mins to
About this House
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.
Home Details for 2506 40th St
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1041 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Sewer Connected |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: Ceiling Fan(s),OtherHas HeatingHeating Fuel: Other |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Vinyl |
Levels, Entrance, & Accessibility Floors: Vinyl |
Security Security: None |
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Exterior Home Features Roof: Composition |
Parking & Garage No Attached GarageHas Open ParkingParking: Driveway,On Street |
Frontage Road Frontage: City StreetRoad Surface Type: All WeatherNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1041 Square Feet |
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Days on Market: 22 |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property |
Property Information Parcel Number: R125837 |
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Price List Price: $137,000Price Per Sqft: $132 |
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MLS Status: Active |
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Direction & Address City: Lubbock |
School Information High School District: Lubbock ISD |
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Listing Agent Listing ID: 202609491 |
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Building Area Building Area: 1041 Square Meters |
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Lot Area: 7840.8 sqft |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Gas, Internet, Water |
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Mls Number: 202609491Above Grade Unfinished Area: 1041 |
Last check for updates: 41 minutes ago
Listing courtesy of Mike Hagler TREC #0827224, (806) 329-8806
Brick & Loft Realty
Source: LBMLS, MLS#202609491

Also Listed on LBMLS.
Market trends in Lubbock
Last updated June 2026
Avg. sale price
$229K
$833MoM
Sale-to-List Price
98.8%
0.4%MoM
Price per sq ft
$132
$2MoM
Available listings
1536
13MoM
Price History for 2506 40th St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/11/2026 | $137,000 | Listed For Sale | LBMLS #202609491 |
| 10/17/2025 | -- | Sold | LBMLS #202559596 |
| 10/03/2025 | $137,000 | Pending | LBMLS #202559596 |
| 09/23/2025 | $137,000 | PriceChange | LBMLS #202559596 |
| 08/26/2025 | $140,000 | Listed For Sale | LBMLS #202559596 |
| 07/22/2025 | $1,000 | ListingRemoved | Zillow Rentals |
| 07/14/2025 | $1,000 | Listed For Rent | Zillow Rentals |
| 03/08/2024 | ListingRemoved | Zillow Rentals | |
| 02/27/2024 | $950 | Listed For Rent | Zillow Rentals |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,624 |
| Assessment | $91,807 |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2506 40th St.
What Locals Say about Wheelock & Monterey
At least 18 Trulia users voted on each feature.
100 % Say there are sidewalks
97 % Say car is needed
94 % Say parking is easy
88 % Say it's dog friendly
69 % Say yards are well-kept
60 % Say kids play outside
55 % Say there's holiday spirit
50 % Say it's walkable to restaurants
50 % Say people would walk alone at night
48 % Say neighbors are friendly
43 % Say it's quiet
35 % Say they plan to stay for at least 5 years
31 % Say it's walkable to grocery stores
31 % Say there's wildlife
29 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mike Hagler, Brick & Loft Realty
Agent Phone: (806) 329-8806

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.

