Active
3 units5 bd3 ba1,976 sqft
Cost to live here
$0/moafter $1,754/mo in rent
Income to qualify: about $20,000 a year, rent counted
At 20% down, 30-year fixed. From 5% down.
$194,000•Triplex
2201 23rd st, Lubbock, TX 79411
2918 Duke St, Lubbock, TX 79415
Active
Listed 132 days agoOwner-Occupant Eligible
About $254 a month to live here, after the rent from the other home.
Duplex1,120 sqft4 beds2 bathsListed Jul 3, 2026
A duplex. Live in one home and rent out the other. How it works
Live here for about
$254a month
The other home rents for $740. We hold back $144 of that for repairs and an empty month, and the rest goes toward a $850 monthly payment.
Income to qualify: about $17,000 a year
With how much down?
At 20% down ($27,000) and 5.6%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $19,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$4,725 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Turnkey duplex offering an excellent investment opportunity! Renovated in 2025, this property features two well-appointed 2-bedroom, 1-bath units, making it an ideal addition to any investment portfolio or an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. One unit is currently tenant-occupied, generating $740 per month in rental income, while the second unit provides the flexibility to secure a new tenant at market rent or occupy the space yourself. The 2025 renovation offers updated finishes and modern appeal designed to attract tenants and help reduce future maintenance. Conveniently located near Texas Tech University, medical facilities, downtown Lubbock, shopping, dining, and major roadways, this property is positioned in an area with strong rental demand. Whether you're a seasoned investor or just beginning to build your portfolio, this duplex presents an outstanding opportunity with immediate income potential and room for future growth. Buyer to verify all measurements, schools, and permitted uses.
Duplex
Property Type
7,125 sqft
Lot Size
1929
Year Built
Listing Date: 07/03/2026
Listed by: Kensey Chase
Listing office: Real Broker, LLC
Source: NTREIS #21320310
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
-15%
$135,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$135,000
Your Down Payment$27,000
Financed$108,000
Estimated Monthly Payment$850
Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($27,000) and 5.6%, 30-year fixed. Your rate and down payment change this.
Current Rent
Current Rent
Market Rent
Estimated Monthly Payment (Before Rental Income)
$850/month
Principal + Interest
$620Property Taxes
$86Home Insurance
$144Estimated Monthly Payment (Before Rental Income)
$850/month
Principal + Interest
$620Property Taxes
$86Home Insurance
$144$850/month
$620
$86
$144
Rental Income (1 Unit)
$740/month
From the listing description.
Rental Expenses
-$144Rental Income (1 Unit)
$740/month
From the listing description.
Rental Expenses
-$144$740/month
-$144
Cost to live hereCost to live here, after rent
$254/month
Cost to live hereCost to live here, after rent
$254/month
$254/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# 21320310 · Listing office: Real Broker, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
