$299,900
Original price: $310,000
8 Beds
4 Baths
3,048 sqft
7405 Waco Ave, Lubbock, TX 79423
Est. Mortgage $2,056/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1983
$98/sqft
Local Information
- Map ViewExplore the area around 7405 Waco Ave.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Now offering $5,000 in seller concessions! This 100% occupied, professionally managed quadplex in South Lubbock offers a turnkey opportunity for any investor. Located just off University Avenue and near South Loop 289, the property provides quick access to major roads, Texas Tech, and nearby restaurants and shopping. With stable occupancy and desirable rental units in a consistently leased area, this is a solid, income-producing asset in a great location. This property can also be purchased as a package with 7401 Ave X and 7405 Ave X.
Last check for updates: about 10 hours ago
Listing courtesy of Cameron Seale TREC #0688378, (806) 773-0821
Williams & Company Real Estate
Source: LBMLS, MLS#202608970
Also Listed on LBMLS.
Home Details for 7405 Waco Ave
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3048 Square Feet |
Appliances & Utilities Laundry: In Unit |
Heating & Cooling Heating: Natural Gas,Separate MetersHas CoolingAir Conditioning: Electric,Multi UnitsHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 2Has a Fireplace |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: CompositionExterior: BalconyFoundation: Slab |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Concrete,Common,Parking Lot |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Finished Area Finished Area (above surface): 3048 Square Feet |
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Cumulative Days on Market: 306Days on Market: 75 |
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Year Built Year Built: 1983 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family |
Building Construction Materials: StuccoNot a New Construction |
Property Information Parcel Number: R82493 |
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Price List Price: $299,900Price Per Sqft: $98 |
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MLS Status: Active |
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Direction & Address City: Lubbock |
School Information Elementary School: RobertsJr High / Middle School: AtkinsHigh School: MontereyHigh School District: Lubbock ISD |
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Listing Agent Listing ID: 202608970 |
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Building Area Building Area: 3048 Square Meters |
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No HOA |
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Lot Area: 10454.4 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Expense Tenant Pays: All Utilities |
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Mls Number: 202608970Above Grade Unfinished Area: 3048 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about South Lubbock
At least 39 Trulia users voted on each feature.
95 % Say car is needed
93 % Say there are sidewalks
91 % Say it's dog friendly
90 % Say yards are well-kept
83 % Say parking is easy
81 % Say there's holiday spirit
69 % Say kids play outside
63 % Say it's quiet
53 % Say neighbors are friendly
49 % Say streets are well-lit
47 % Say they plan to stay for at least 5 years
40 % Say people would walk alone at night
33 % Say it's walkable to restaurants
24 % Say there's wildlife
24 % Say it's walkable to grocery stores
13 % 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
$297KSince last month
Increased$5K (+1.6%)Since last year
Increased$115K (+62.8%)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 +47% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $297K |
| August 2026 | $292K |
| July 2026 | $292K |
| June 2026 | $296K |
| May 2026 | $299K |
| April 2026 | $299K |
| March 2026 | $305K |
| February 2026 | $303K |
| January 2026 | $304K |
2025 | |
2024 | |
2023 | |
2020 | |
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 |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | - | 10/10/25 | 8 | 6 | 3,744 | |
0.06 | Multi-Family Home | - | 09/09/26 | 8 | 8 | 5,364 | |
0.07 | Multi-Family Home | - | 07/15/26 | 5 | 3 | 2,287 | |
0.08 | Multi-Family Home | - | 07/21/26 | 5 | 3 | 2,313 | |
0.33 | Multi-Family Home | - | 12/16/25 | 4 | 4 | 2,216 | |
0.79 | Multi-Family Home | - | 01/27/26 | 8 | 4 | 3,344 | |
0.42 | Multi-Family Home | - | 04/09/26 | 4 | 2.5 | 2,091 | |
0.60 | Multi-Family Home | - | 09/26/25 | 4 | 3 | 2,060 | |
0.22 | Multi-Family Home | - | 11/24/25 | 2 | 1 | 1,857 | |
1.19 | Multi-Family Home | - | 10/06/25 | 6 | 4 | 3,271 |
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 |
|---|---|---|---|---|---|---|
0.05 | $207,000 | 4 | 1.5 | 2,210 | Off Market | |
0.06 | - | 8 | 8 | 5,364 | Recently Sold | |
0.08 | $189,200 | 4 | 2 | 1,543 | Off Market | |
0.08 | $305,200 | 8 | 6 | 3,744 | Off Market | |
0.08 | - | 3 | 2 | 1,379 | Recently Sold | |
0.09 | $409,600 | 8 | 8 | 5,364 | Off Market | |
0.10 | $165,300 | 3 | 2 | 1,354 | Off Market | |
0.11 | $162,200 | 3 | 1.5 | 1,362 | Off Market | |
0.09 | $358,200 | 8 | 8 | 5,364 | Off Market | |
0.07 | - | 5 | 3 | 2,287 | Recently Sold | |
0.08 | - | 5 | 3 | 2,313 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 24, 2026 Source: LBMLS #202608970 | PendingToActive | $299,900 |
Aug 13, 2026 Source: LBMLS #202608970 | Pending | $299,900 |
Jul 16, 2026 Source: LBMLS #202608970 | PriceChange | $299,900 Price decreased by 3% |
Mar 24, 2026 Source: LBMLS #202603805 | PriceChange | $310,000 Price decreased by 2% |
Oct 30, 2025 Source: LBMLS #202562469 | Listed For Sale | $315,000 |
Oct 28, 2019 Source: Agent Provided | ListingRemoved | $600 |
Jun 20, 2019 Source: Agent Provided | Listed For Rent | $600 |
Mar 31, 2019 Source: Agent Provided | ListingRemoved | $600 |
Jan 9, 2019 Source: Agent Provided | PriceChange | $600 Price decreased by 4% |
Nov 20, 2018 Source: Agent Provided | PriceChange | $625 Price decreased by 4% |
Sep 18, 2018 Source: Agent Provided | Listed For Rent | $650 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,622 | $204,699 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Cameron Seale, Williams & Company Real Estate
Agent Phone: (806) 773-0821
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 7405 Waco Ave
- What is the estimated monthly payment for 7405 Waco Ave?Based on a $299,900 list price with 20% down at today's rates, the estimated monthly payment for 7405 Waco Ave in Lubbock, TX is approximately $2,080 (about $1,625 principal & interest, $380 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 7405 Waco Ave compare to homes in Lubbock?7405 Waco Ave in Lubbock, TX is listed at $299,900, about 21% above the $247K median sale price in Lubbock.
- What do residents say about the South Lubbock neighborhood?Residents describe the South Lubbock neighborhood in Lubbock, TX as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in South Lubbock, Lubbock.
- What are the closest schools to 7405 Waco Ave?The closest schools to 7405 Waco Ave in Lubbock, TX are Atkins Middle School (rated 3/10), Monterey High School (rated 5/10), Roy W Roberts Elementary School (Pre-K, rated 9/10).
- Does 7405 Waco Ave have air conditioning?Yes, 7405 Waco Ave in Lubbock, TX has air conditioning.
- Does 7405 Waco Ave have laundry facilities?Yes, 7405 Waco Ave in Lubbock, TX has laundry facilities.
7405 Waco Ave, Lubbock, TX 79423 is a 8 bedroom, 4 bathroom, 3,048 sqft multi-family built in 1983. 7405 Waco Ave is located in South Lubbock, Lubbock. This property is currently available for sale and was listed by LBMLS on Jul 1, 2026. The MLS # for this home is MLS# 202608970.