4204 40th St, Lubbock, TX 79413
OFF MARKET

4204 40th St
Lubbock, TX 79413

Maedgen Area
  • 5 Beds
  • 3 Baths
  • 4,248 sqft (on 0.37 acres)

$251,500

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $1,668/mo*
Refinance Your Home

$251,500

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $1,668/mo*
Refinance Your Home
5 Beds
3 Baths
4,248 sqft
(on 0.37 acres)

Local Information

  • Map ViewExplore the area around 4204 40th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1953
Lot Size
0.37 acres
Living Area
4,248 sqft
Price/Sqft
$59
Parking
Open Parking

About this House

**4,200+ SF Income Property — Priced $61K Below Tax Value**

Turn-key cash flow with an established, long-term business tenant (sober living facility) already in place and renting at the true 1% rule. Tenants have expressed a desire to remain and continue renewing, offering dependable, contracted income from Day 1. Three thoughtful additions expand the original footprint to over 4,200 sq ft, creating flexible spaces ideal for a home-based business or versatile live-work layout (buyer to verify permitted uses). Inside and out, you'll find ample storage, plus multiple over-sized rooms that function as offices, meeting areas, or secondary living spaces. The brick exterior and practical design support low-maintenance ownership, while the significant discount—$61,000 under tax value—adds built-in equity and room for future improvements.

Showings by appointment with appropriate notice to respect the occupants. If you're an investor seeking steady returns with a unique, high-square-footage asset, this one checks the boxes.
4204 40th St, Lubbock, TX 79413 is a 5 bedroom, 3 bathroom, 4,248 sqft single-family home in Maedgen Area, built in 1953. It last sold for the $255,000 asking price on Sep 11, 2025. More recently, it was listed as a rental in July 2022 with an asking price of $2,199 per month. That rental listing was removed on February 21, 2023. It is currently off market. The Trulia Estimate is $251,500, with a rent estimate of $3,297/month.

Home Details for 4204 40th St

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 4248 Square Feet
Appliances & Utilities
Appliances: OtherLaundry: Other
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 2Has a Fireplace
Windows, Doors, Floors & Walls
Flooring: Other
Levels, Entrance, & Accessibility
Floors: Other
Security
Security: None

Exterior Features

Exterior Home Features
Roof: CompositionFencing: FencedExterior: OtherFoundation: Slab
Parking & Garage
No GarageNo Attached GarageHas Open ParkingParking: Driveway
Frontage
Road Surface Type: AsphaltNot on Waterfront
Finished Area
Finished Area (above surface): 4248 Square Feet

Days on Market

Cumulative Days on Market: 7

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Traditional
Building
Construction Materials: Brick, OtherNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: R118321

Price & Status

Price
List Price: $255,000
Status Change & Dates
Off Market Date: Mon Sep 01 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Lubbock
School Information
Elementary School: MaedgenJr High / Middle School: EvansHigh School: MontereyHigh School District: Lubbock ISD

Building

Building Area
Building Area: 4248 Square Meters

Lot Information

Lot Area: 0.37 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, Private Financing Available

Miscellaneous

Mls Number: 202559560Above Grade Unfinished Area: 4248
Last check for updates: about 2 hours ago
Listed by Felicia Estrada TREC #0673783, (210) 274-1825
Keller Williams Realty
Bought with: Chris Carter TREC #0817825, (806) 500-5599, The 32:18 Management Group
Source: LBMLS, MLS#202559560

Price History for 4204 40th St

DatePriceEventSource
09/11/2025--Sold
LBMLS #202559560
09/03/2025$255,000PendingLBMLS #202559560
08/25/2025$255,000Listed For SaleLBMLS #202559560
02/21/2023ListingRemovedZillow Rentals
01/12/2023$2,499PriceChange
Zillow Rentals
12/06/2022$2,500PriceChange
Zillow Rentals
07/23/2022$2,199Listed For RentZillow Rental Network Premium
03/28/2019--Sold
N/A
08/10/2018$196,000PriceChange
Agent Provided
07/20/2018$165,000PriceChange
Agent Provided
03/27/2013$147,000Listed For SaleAgent Provided
12/02/2008--Sold
N/A

Market trends in Lubbock

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$229K
$833MoM
Sale-to-List Price
98.8%
0.4%MoM
Price per sq ft
$132
$2MoM
Available listings
1536
13MoM
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Property Tax and Assessment

Year2025
Tax$5,608
Assessment$316,947
Home facts updated by county records

Comparable Sales for 4204 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4002 43rd St, Lubbock, TX
0.24
Single-Family Home
-
04/30/26
5
3
2,681
3802 41st St, Lubbock, TX
0.28
Single-Family Home
-
06/24/26
5
2
2,780
4203 39th St, Lubbock, TX
0.02
Single-Family Home
-
10/21/25
4
2
1,672
4318 41st St, Lubbock, TX
0.19
Single-Family Home
-
07/23/26
4
3
2,024
4309 42nd St, Lubbock, TX
0.20
Single-Family Home
-
10/25/25
4
3
1,762
4021 38th St, Lubbock, TX
0.09
Single-Family Home
-
03/24/26
3
2
1,582
4211 37th St, Lubbock, TX
0.16
Single-Family Home
-
11/19/25
4
2
1,578
4013 38th St, Lubbock, TX
0.11
Single-Family Home
-
02/27/26
3
2
1,923
4213 40th St, Lubbock, TX
0.06
Single-Family Home
-
05/07/26
3
2
1,587

Nearby homes

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Assigned Schools

These are the assigned schools for 4204 40th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Maedgen Area
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Maedgen Area

At least 46 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 90 % Say car is needed

  • 90 % Say yards are well-kept

  • 86 % Say it's dog friendly

  • 81 % Say parking is easy

  • 71 % Say kids play outside

  • 70 % Say there's holiday spirit

  • 58 % Say it's quiet

  • 56 % Say it's walkable to grocery stores

  • 55 % Say neighbors are friendly

  • 53 % Say it's walkable to restaurants

  • 49 % Say they plan to stay for at least 5 years

  • 47 % Say people would walk alone at night

  • 46 % Say there's wildlife

  • 46 % Say streets are well-lit

  • 13 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "This is a quiet, family, friendly, safe neighborhood. This is a good neighborhood to raise a family. "
    1
    Flag
  • Mpgellner79413
    "I know all of my neighbors; it's a great, friendly area to live in. Wonderful and quick access to the grocery store, gas, restaurants, TTU, medical district. "
    1
    Flag
  • Leslyejanes
    "Quiet, older neighborhood. A mixture of different neighbors, from those who are neighborly to those who stay to themselves."
    1
    Flag
  • me
    "None besides private parties. People may tailgate or have football parties. Neighbor has bible study groups. "
    3
    Flag
  • Gceleste.moreno
    "Their are plenty of parks and a lot of good people that take care of each other. It’s an awesome neighborhood! It’s pretty quiet "
    0
    Flag
  • Theresa m.
    "lots of people walking dogs espewcially in the evenings. Not alot of loose dogs most are on leashes."
    2
    Flag
  • Mcwdebbie
    "Neighborhood is nice except for when college kids who rent down the street have parties. The established families are great though. "
    0
    Flag
  • Sailhatanaintshitkeg
    "we stay to ourselves it's amazing and peaceful but. its not friendly or safe I would kove a safer kid friendly well maintained area"
    7
    Flag
  • Shenai a.
    "I’ve lived in this neighborhood for three years. It’s mostly quiet and has a lot of long term residents. My daughter and I enjoy taking walks through the neighborhood."
    6
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 4204 40th St

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Off Market Homes Near 4204 40th St

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Frequently asked questions about 4204 40th St

  • What is 4204 40th St estimated to be worth?
    Trulia's estimated value for 4204 40th St in Lubbock, TX is $251,500.
  • What is the price history for 4204 40th St?
    4204 40th St in Lubbock, TX last sold in September 2025.
  • Is Lubbock a buyer's or seller's market?
    Lubbock is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Lubbock?
    The median sale price in Lubbock is $229K. That is down $833 from the prior month.
  • Does 4204 40th St have air conditioning?
    Yes, 4204 40th St in Lubbock, TX has air conditioning.
  • Does 4204 40th St have laundry facilities?
    Yes, 4204 40th St in Lubbock, TX has laundry facilities.
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.