Building Details

Year Built 1968

Stories 2

Listing Agency: Aycock Realty Group

Listed By: Brian Aycock · License #0502484 Show Phone

Source: Xome

Added: Jul 20, 2018 Changed: Sep 2 Last Checked: Sep 4 at 4:12AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aycock Realty Group

Investment Insights

Based on property information with market context.

Key Highlights

• 57.3‑acre property on the south side of Lubbock off University Ave
• Active cattle auction facility with a functioning restaurant
• Includes 2 three‑bedroom, 2‑bath apartments and 1 efficiency apartment

Property Analytics

Property Profile

Current Use

Ranches

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Residential units

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

261

Businesses Nearby

Explore this area Business Placement

Demographics for 79423, TX

42,311

Population

18,463

Households

2.3

Avg Household Size

35

Median Age

38%

College-Educated

94%

High-School Grad

64.2 sq mi

ZIP Area

659

Density / Sq Mi

$82,906

Median Household Income

$45,520

Median Earnings

$1,284

Median Rent

$222,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this ranches located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

Where is this ranch located?

The property is located at 12016 University Ave Lubbock, TX.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: 57.3‑acre property on the south side of Lubbock off University Ave; Active cattle auction facility with a functioning restaurant; Includes 2 three‑bedroom, 2‑bath apartments and 1 efficiency apartment