3508 E  Colgate St, Lubbock, TX 79403
FOR SALE
0.88 ACRES

3508 E Colgate St
Lubbock, TX 79403

Parkway and Cherry Point
  • 15 Beds
  • 7.5 Baths
  • 5,406 sqft (on 0.88 acres)

$465,000

Est. Mortgage $2,967/mo*

$465,000

Est. Mortgage $2,967/mo*
15 Beds
7.5 Baths
5,406 sqft
(on 0.88 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

5 out of 5 of the units are occupied cap rate is 7.62%

Home Highlights

Parking
2 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$86
Listed
180+ days ago

Home Details for 3508 E Colgate St

Interior Features

Beds & Baths
Number of Bedrooms: 15Number of Bathrooms: 10Number of Bathrooms (full): 5Number of Bathrooms (half): 5
Dimensions and Layout
Living Area: 5406 Square Feet
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo Attached GarageParking Spaces: 2Parking: Carport
Frontage
Road Frontage: City StreetRoad Surface Type: All WeatherNot on Waterfront
Finished Area
Finished Area (above surface): 5406 Square Feet

Days on Market

Cumulative Days on Market: 415Days on Market: 180+

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Package Property, Multi Family
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: R133682, R133630, R133554, R133874, R77785

Price & Status

Price
List Price: $465,000Price Per Sqft: $86

Active Status

MLS Status: Active

Location

Direction & Address
City: Lubbock
School Information
High School District: Lubbock ISD

Agent Information

Listing Agent
Listing ID: 202550925

Building

Building Area
Building Area: 5406 Square Meters

HOA

No HOA

Lot Information

Lot Area: 0.88 acres

Offer

Listing Terms: 1031 Exchange, Cash, Conventional

Business

Expense
Tenant Pays: All Utilities

Miscellaneous

Mls Number: 202550925Above Grade Unfinished Area: 5406
Last check for updates: about 8 hours ago
Listing courtesy of Collen Melton TREC #0774198, (806) 999-5353
Brick & Loft Realty
Travis Turner TREC #0660475, (806) 577-2508
Brick & Loft Realty
Source: LBMLS, MLS#202550925
Also Listed on LBMLS.

Price History for 3508 E Colgate St

DatePriceEventSource
09/12/2025$465,000Listed For SaleLBMLS #202550925
09/01/2025$465,000ListingRemovedLBMLS #202550925
02/25/2025$465,000Listed For SaleLBMLS #202550925
03/23/2024ListingRemovedZillow Rentals
03/06/2024$900Listed For RentZillow Rentals
10/10/2022ListingRemovedZillow Rental Manager
10/04/2022$900Listed For RentZillow Rental Manager
02/15/2016$760ListingRemovedAgent Provided
12/02/2015$760Listed For RentAgent Provided

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Property Tax and Assessment

Year2025
Tax$1,549
Assessment$87,543
Home facts updated by county records

Comparable Sales for 3508 E Colgate St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.35
Multi-Family Home
-
02/06/26
4
2
1,660
0.86
Multi-Family Home
-
08/29/25
4
2
1,664
0.81
Multi-Family Home
-
02/06/26
3
1
1,331
1.13
Multi-Family Home
-
03/02/26
3
1
948
2.63
Multi-Family Home
-
11/17/25
4
2
1,224
3.20
Multi-Family Home
-
02/06/26
6
4
2,374
3.77
Multi-Family Home
-
04/08/26
6
4
2,862
3.97
Multi-Family Home
-
09/08/25
6
6
3,050
4.86
Multi-Family Home
-
02/06/26
17
7
6,255
4.15
Multi-Family Home
-
04/30/26
6
5
3,212

Assigned Schools

These are the assigned schools for 3508 E Colgate St.
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 Parkway and Cherry Point

At least 9 Trulia users voted on each feature.
  • 91 % Say car is needed

  • 87 % Say there are sidewalks

  • 86 % Say yards are well-kept

  • 82 % Say kids play outside

  • 78 % Say parking is easy

  • 73 % Say there's holiday spirit

  • 62 % Say it's dog friendly

  • 54 % Say they plan to stay for at least 5 years

  • 54 % Say there's wildlife

  • 50 % Say it's walkable to grocery stores

  • 43 % Say neighbors are friendly

  • 33 % Say people would walk alone at night

  • 33 % Say it's quiet

  • 28 % Say it's walkable to restaurants

  • 22 % Say streets are well-lit

  • 19 % Say there are community events

Learn more about our methodology.
  • Trulia User
    "Theres plenty of community events that happens year round. McKenzie Park and Dunbar Park normally have events year round and is very family friendly. "
  • Jaushl8
    "there are a lot of families. mixture of races, and ages. the parks are not that well maintained by the housing authority(they own the parks), however the children still play outside and have fun with neighborhood children."

LGBTQ Local Legal Protections

Collen Melton, Brick & Loft Realty
Agent Phone: (806) 999-5353
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.
3508 E Colgate St, Lubbock, TX 79403 is a 15 bedroom, 10 bathroom, 5,406 sqft multi-family built in 2008. 3508 E Colgate St is located in Parkway and Cherry Point, Lubbock. This property is currently available for sale and was listed by LBMLS on Sep 12, 2025. The MLS # for this home is MLS# 202550925.