7029 40th St, Lubbock, TX 79407
FOR SALE
NEW CONSTRUCTION

7029 40th St
Lubbock, TX 79407

  • 12 Beds
  • 8 Baths
  • 5,300 sqft

$796,000

Est. Mortgage $5,150/mo*
Get Pre-Qualified

$796,000

Est. Mortgage $5,150/mo*
Get Pre-Qualified
12 Beds
8 Baths
5,300 sqft

Home Highlights

Parking
2 Car Garage
Climate Control
Heating & Cooling
Price/Sqft
$150
Listed
27 days ago

Local Information

  • Map ViewExplore the area around 7029 40th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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!

Home Details for 7029 40th St

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 8Number of Bathrooms (full): 8
Dimensions and Layout
Living Area: 5300 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity ConnectedAppliances: Dishwasher, Disposal, Electric Cooktop, MicrowaveDishwasherDisposalLaundry: Laundry RoomMicrowave
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Laminate
Levels, Entrance, & Accessibility
Floors: Laminate
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionFencing: Back Yard, WoodExterior: Lighting, Private YardFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Garage
Frontage
Road Frontage: City StreetRoad Surface Type: All WeatherNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 5300 Square Feet

Days on Market

Days on Market: 27

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi FamilyArchitecture: Traditional
Building
Construction Materials: BrickIs a New Construction
Property Information
Condition: New ConstructionParcel Number: R348253

Price & Status

Price
List Price: $796,000Price Per Sqft: $150

Active Status

MLS Status: Active

Location

Direction & Address
City: Lubbock
School Information
Elementary School: WestwindJr High / Middle School: HeritageHigh School: MemorialHigh School District: Frenship ISD

Agent Information

Listing Agent
Listing ID: 202609263

Building

Building Area
Building Area: 5300 Square Meters

HOA

No HOA

Lot Information

Lot Area: 3920.4 sqft

Offer

Listing Terms: Cash, Conventional, FHA

Miscellaneous

Mls Number: 202609263Above Grade Unfinished Area: 5300
Last check for updates: about 15 hours ago
Listing courtesy of Melissa Brouillette TREC #0611734, (806) 441-2221
Aycock Realty Group, LLC
Source: LBMLS, MLS#202609263
Also Listed on LBMLS.

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

Price History for 7029 40th St

DatePriceEventSource
07/08/2026$796,000Listed For SaleLBMLS #202609263

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Property Tax and Assessment

Year2025
Tax$432
Assessment$21,000
Home facts updated by county records

Comparable Sales for 7029 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5825 Virginia Ave, Lubbock, TX
1.32
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07/15/26
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8
6,090
5833 Virginia Ave, Lubbock, TX
1.34
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07/15/26
10
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6,090
5881 Urbana Pl, Lubbock, TX
1.32
Multi-Family Home
-
07/15/26
10
8
6,090
2407 Quitman Ave, Lubbock, TX
0.99
Multi-Family Home
-
10/24/25
6
4
3,086
6101 36th St, Lubbock, TX
1.33
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-
11/04/25
4
4
2,720
6103 36th St, Lubbock, TX
1.32
Multi-Family Home
-
09/12/25
4
4
2,720
6701 Pontiac Ave, Lubbock, TX
1.80
Multi-Family Home
-
08/29/25
6
4
2,716
5722 Brownfield Dr, Lubbock, TX
1.99
Multi-Family Home
-
12/18/25
7
4
2,989
6325 7th St, Lubbock, TX
2.33
Multi-Family Home
-
01/09/26
4
4
2,381
1710 Elkhart, Lubbock, TX
2.49
Multi-Family Home
-
06/26/26
8
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3,640

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 7029 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.

What Locals Say about Lubbock

At least 1522 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 88 % Say there are sidewalks

  • 86 % Say parking is easy

  • 84 % Say it's dog friendly

  • 82 % Say yards are well-kept

  • 73 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 63 % Say it's quiet

  • 54 % Say people would walk alone at night

  • 53 % Say streets are well-lit

  • 47 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 40 % Say there's wildlife

  • 39 % Say it's walkable to grocery stores

  • 37 % Say it's walkable to restaurants

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rondalguthrie79413
    "I have lived here for 10 years all neighbors are friendly and lots of dog walkers everyone is friendly and respectful"
    0
    Flag
  • Jaelin tellez
    "Honestly I don’t see a reason why they wouldn’t like it there are a lot of neighborhoods in my neighborhood that walk there dogs also pick up after them "
    0
    Flag
  • Rondalguthrie79413
    "There are lots of kids and two parks within walking distance great neighbors and lots of family and friendly people"
    0
    Flag
  • Elsa Cortez
    "I love the area! Very safe! The neighbors are long time residents. It's situated 10 minutes to anywhere and about 5 minutes to TTU. Close to Atkins Elementary and three blocks from a nice park with a pond. Two blocks from a Supermarket, and several fast food restaurants. Very quiet and secure. "
    0
    Flag
  • Braden N Ashleigh Johnson
    "We don’t have any planned neighborhood events in Uptown West! There are a lot of college students in the neighborhood and there is not a community park or walking paths."
    0
    Flag
  • Meegan Honeyman
    "Lots of dog walking families. Unfortunately Lubbock has a stray dog issue, most aggressive bred strays. You must always be on alert. "
    0
    Flag
  • Lindseyluckie
    "Lots of dog walking. Anytime our dog has escaped, people in our neighborhood have call me and kept him for however long. "
    0
    Flag
  • Marlies Warren
    "Lots of families in the area, LBK Cooper is a great school district and has lots of growth and opportunities "
    0
    Flag
  • Tammy
    "My neighborhood is close they work, shopping and the mall, as well as lots of eat in or take out food. We love our neighborhood quite and close to everything 😃"
    0
    Flag
  • Lindseyluckie
    "Short. It takes me 8 minutes to get to my school at 7:09, same at 5:00pm. Driver on this side of town are generally sane. "
    0
    Flag
  • Ryan
    "Easy with little to no traffic. Great commute times to Slaton. Very little traffic anywhere in the city"
    0
    Flag
  • Blake DeWater
    "It’s a very dog friendly neighborhood. With well-kept yards, and great sidewalks for walking. I feel that most people have dogs, and are very social and love to engage and hear about other peoples pets."
    0
    Flag
  • Go.4016
    "Everyone walks their dogs all day, everyday. Very pet friendly neighborhood. It’s a way for people to socialize."
    0
    Flag
  • 24mgd64zt2
    "Everyone throws their trash on the ground in the allies which is disgusting. Yards that are rock are full of weeds. Trash blows everywhere. "
    5
    Flag
  • Brockchris36
    "Everything is close and easily accessible from this location. Plenty of options whether it’s for delivery or if you decide to go and get things yourself. The location is convenient."
    1
    Flag
  • Roni Allen
    "Fun enjoyment neighborhood with two great parks and schools with in walking distance. Close to university."
    0
    Flag
  • Trulia User
    "Easy commute throughout the neighborhood until you get to the main roads and intersections. Easy to navigate around almost no traffic during the day."
    0
    Flag
  • 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. "
    3
    Flag
  • Trulia User
    "Most people have dogs, I do! Unfortunately there are also dogs and cats that roam around. Aggressive dogs have been seen roaming around. "
    6
    Flag
  • Trulia User
    "i love the neighbor hood so dearly and its a great place to rase a family, we often have truck or treats right down the road thats just great."
    1
    Flag
  • Trulia User
    "me neighborhood is quiet and is in the middle of stores and right by the hospitals and grocery stores are right down the street"
    2
    Flag
  • Trulia User
    "the people around here are kind and friendly, the area is clean and well maintained as well .. "
    2
    Flag
  • Trulia User
    "It’s a great place to live and raise a family. Being so close to a park as well as the university, you have a lot of great scenery."
    0
    Flag
  • Trulia User
    "dog owners will like this neighborhood is very quiet and everyone is friendly or stays to themselves. "
    0
    Flag
  • Trulia User
    "there are a lot of stray dogs in the area. It could possibly endanger the dog you are walking if you take your dogs on walks. "
    0
    Flag
  • Trulia User
    "I’ve lived in this neighborhood for 14 yrs and enjoy my neighbors and the nearby park. Great school and close to everything."
    0
    Flag
  • Trulia User
    "I used to stay in the area and want to move back in the area yes it is a alright neighborhood there are restaurants around the area"
    1
    Flag
  • Trulia User
    "This is a quiet, family, friendly, safe neighborhood. This is a good neighborhood to raise a family. "
    1
    Flag
  • Trulia User
    "We are coming up on living in the neighborhood for 2 years. We have great neighbors and feel safe! It is a quickly growing neighborhood!"
    0
    Flag
  • Trulia User
    "Being a Realtor, mortgage broker, and lifelong resident this area has lost some of its luster, however, it has easy access to Loop 289 and I-27 so it enables one to get to where you want/need to be eager quickly. "
    1
    Flag
  • Trulia User
    "This is a good family area. most parents are fMily oriented and are very involved with the c high olden, and there neighborhood watch."
    0
    Flag
  • Trulia User
    "I’ve lived in this area 4 years , it’s a ok neighborhood not really friendly, there’s not a lot of children in the area maybe not a neighborhood for young parents with kids but a stable neighborhood most people own their homes in the area."
    0
    Flag
  • Lflemming711
    "Lubbock is a large small city. On this W side of Lubbock, crime is low, close to interstate, a mall within 1/2 mile, another within 3 miles, great restaurants, parks galore. This particular neighborhood is private, with our own clubhouse, 2 pools, great neighbors, great schools, A truly family friendly, safe neighborhood. Most homes in this area are approximately 2500 to 5400 square feet. "
    16
    Flag
  • Dr.brown200811
    "Quick and easy, I live about 5 to 6 min drive from where I work so no traffic except for school zone if I leave early to eat before work but by eight am no problem."
    0
    Flag
  • 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."
    3
    Flag
  • Mary F. L.
    "Mature trees , well kept yards. Friendly neighbors. Feel safe talking walks. Have a plia lake. Children play outside ."
    0
    Flag
  • Mary F. L.
    "Kids play and are safe. Walking area is wonderful. Trees are gorgeous. The neighborhood is well established and the people are friendly."
    0
    Flag
  • Frank M.
    "I'm located extremely close to highway 62/82, several shops that I frequent, grocery stores, and the medical district. it's never more than 10 minutes in the car, wherever I need to go."
    5
    Flag
  • Olov N.
    "Community events - unique character of houses that makes everything feel vintage. All the neighbors are amazing!"
    0
    Flag
  • Amy B.
    "quiet neighborhood, pretty houses,and lawns, and of course the friendly people. when my husband worked out of town my neighbors always checked in on me. "
    1
    Flag

LGBTQ Local Legal Protections

Melissa Brouillette, Aycock Realty Group, LLC
Agent Phone: (806) 441-2221
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.
7029 40th St, Lubbock, TX 79407 is a 12 bedroom, 8 bathroom, 5,300 sqft multi-family built in 2026. This property is currently available for sale and was listed by LBMLS on Jul 8, 2026. The MLS # for this home is MLS# 202609263.