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5301 11th StLubbock, TX 79416
Somerset Apartments
Asset ClassMultifamily
# Buildings5
# Units: 129Land: 5.68 AcresAccess Data Room
JUST LISTED! | Somerset Apartments | 129 units | Lubbock, TX
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Overview

Somerset Apartments is a 129-unit garden-style community located in the established and accessible Northwest Lubbock submarket. Originally built in 1966 and thoughtfully updated in recent years, the property offers a diverse mix of studio, one-, and two-bedroom floorplans ranging from 387 to 1,378 square feet. Designed for comfort and functionality, select homes features walk-in closets, and private fenced yards, catering to a wide range of renters from students to families.

 

The units feature full-size kitchens, modern appliances, air conditioning, and private outdoor patios or balconies in select units. Community amenities include a sparkling swimming pool, sand volleyball court, and on-site business center—providing both leisure and productivity in one setting. Residents also benefit from high-speed internet access, laundry facilities, and a resident portal for convenient online payments and service requests.

 

Located just minutes from Texas Tech University, the medical district, and key retail destinations, Somerset Apartments offers direct access to Loop 289 and Lubbock’s major thoroughfares. The surrounding area supports strong renter demand due to its proximity to education, healthcare, and employment hubs. Zoned to nearby public schools and nestled among parks, restaurants, and shopping, Somerset delivers a balance of suburban livability with urban access—making it a stable, income-producing asset with long-term growth potential.

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Investment Highlights

129-Unit Garden-Style Community in Northwest Lubbock's Most Desirable Corridor

Premium Amenities Including a Swimming Pool, Clubhouse/Business Center and Sand Volleyball Court

Select Units Features include Washer/Dryer Hookups, Private Fenced Yards, and Walk-In Closets

Prime Northwest Lubbock Location at Slide Road and 11th Street with High Visibility and Easy Access to Loop 289 and Marsha Sharp Freeway

Close Proximity to Texas Tech University, Medical District, New West End Shopping & Dining Development, and Major Retail Including H-E-B, Walmart, and Redbud Square

Quiet Suburban Neighborhood with Easy Access to Top-Rated Schools, Healthcare Facilities, and Public Parks

Strong Rental Demographics Serving Texas Tech Students, Medical Professionals, and Young Families

Significant Value-Add Opportunity Through Continued Interior Renovations and Utility Bill Back Program

Limited New Supply in Immediate Area Supporting Sustained Rent Growth and Occupancy Stability

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5301 11th StLubbock, TX 79416

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Listing provided by Revere CRE