$796,000
- 12 Beds
- 8 Baths
- 5,300 sqft
7029 40th St, Lubbock, TX 79407
Est. Mortgage $5,354/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2026
$150/sqft
2 Car Garage
Local Information
-- mins to
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!
Last check for updates: about 8 hours ago
Listing courtesy of Melissa Brouillette TREC #0611734, (806) 441-2221
Aycock Realty Group, LLC
Source: LBMLS, MLS#202609263

Also Listed on LBMLS.
Home Details for 7029 40th St
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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) |
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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 |
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Cumulative Days on Market: 71Days on Market: 73 |
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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 |
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Price List Price: $796,000Price Per Sqft: $150 |
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MLS Status: Active |
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Direction & Address City: Lubbock |
School Information Elementary School: WestwindJr High / Middle School: HeritageHigh School: MemorialHigh School District: Frenship ISD |
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Listing Agent Listing ID: 202609263 |
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Building Area Building Area: 5300 Square Meters |
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No HOA |
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Lot Area: 3920.4 sqft |
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Listing Terms: Cash, Conventional, FHA |
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Mls Number: 202609263Above Grade Unfinished Area: 5300 |
Around this home
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.
Market trends in Lubbock
Last updated August 2026
Avg. sale price
$247K
$11.61KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$137
$2MoM
Available listings
1579
11MoM
Home Value
Trulia Estimate
$777KSince last month
Increased$10K (+1.3%)Since last year
Increased$567K (+269%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +269% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $777K |
| August 2026 | $768K |
| July 2026 | $776K |
| June 2026 | $182K |
| May 2026 | $228K |
| April 2026 | $203K |
| March 2026 | $226K |
| February 2026 | $252K |
| January 2026 | $239K |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | - | 09/11/26 | 10 | 8 | 5,974 | |
0.04 | Multi-Family Home | - | 09/11/26 | 10 | 8 | 5,974 | |
1.32 | Multi-Family Home | - | 07/15/26 | 10 | 8 | 6,090 | |
1.34 | Multi-Family Home | - | 07/15/26 | 10 | 8 | 6,090 | |
1.32 | Multi-Family Home | - | 07/15/26 | 10 | 8 | 6,090 | |
0.99 | Multi-Family Home | - | 10/24/25 | 6 | 4 | 3,086 | |
1.33 | Multi-Family Home | - | 11/04/25 | 4 | 4 | 2,720 | |
1.43 | Multi-Family Home | - | 09/03/26 | 3 | 2 | 1,497 | |
1.43 | Multi-Family Home | - | 09/03/26 | 3 | 2 | 1,578 | |
1.99 | Multi-Family Home | - | 12/18/25 | 7 | 4 | 2,989 |
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 |
|---|---|---|---|---|---|---|
0.02 | - | 10 | 8 | 6,034 | Recently Sold | |
0.05 | $239,500 | 3 | 2 | 1,604 | Off Market | |
0.05 | $209,300 | 2 | 2 | 1,649 | Off Market | |
0.06 | $209,300 | 2 | 2 | 1,649 | Off Market | |
0.07 | $238,900 | 3 | 2 | 1,550 | Off Market | |
0.04 | - | 10 | 8 | 5,974 | Recently Sold | |
0.06 | $234,900 | 3 | 2 | 1,608 | Off Market | |
0.03 | - | 10 | 8 | 5,974 | Recently Sold | |
0.06 | $204,900 | 2 | 2 | 1,379 | Off Market | |
0.07 | $204,300 | 2 | 2 | 1,379 | Off Market | |
0.07 | - | 3 | 2 | 1,608 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Jul 8, 2026 Source: LBMLS #202609263 | Listed For Sale | $796,000 |
| Year | Property tax | Tax assessment |
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| 2025 | $432 | $21,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
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.
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Frequently asked questions about 7029 40th St
- What is the estimated monthly payment for 7029 40th St?Based on a $796,000 list price with 20% down at today's rates, the estimated monthly payment for 7029 40th St in Lubbock, TX is approximately $5,408 (about $4,325 principal & interest, $1,008 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 7029 40th St compare to homes in Lubbock?7029 40th St in Lubbock, TX is listed at $796,000, about 222% above the $247K median sale price in Lubbock.
- What do residents say about Lubbock?Residents describe Lubbock, TX as pedestrian-friendly, easy to park in, and dog-friendly. See homes for sale in Lubbock, TX.
- What are the closest schools to 7029 40th St?The closest schools to 7029 40th St in Lubbock, TX are Frenship Memorial High School, Heritage Middle School (rated 8/10), Westwind Elementary School (Pre-K, rated 4/10).
- Does 7029 40th St have air conditioning?Yes, 7029 40th St in Lubbock, TX has air conditioning.
- Does 7029 40th St have laundry facilities?Yes, 7029 40th St in Lubbock, TX has laundry facilities.
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.