Vacant Multi-Family Development
For Sale
$165,000
Kermit @15th St, Plainview, TX 79072
Commercial Sale, Plainview, TX
Property SizeContact for details
Lot Size1.52 Acres
Days on Market1218
Property Features for Kermit @15th St
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
1.52 Acres
Taxes and HOA fees
Tax Description
Lots 19 - 26, Mesa Verde, Unit 2, City of Plainview
Tax Annual Amount
2000
Legal Description
Lots 19 - 26, Mesa Verde, Unit 2, City of Plainview
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Roberts & Wilkins, REALTORS
(806) 292-0263
Listed By:
David Kopp · License #574262
(806) 293-4413
Added: May 10, 2023
Changed: Sep 6
Last Checked: Sep 8 at 5:06AM
MLS# 23-98
Copyright © 2026 Plainview Association Of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a vacant multi-family development parcel (+/- 1.52 acres) consisting of eight individual lots, each approximately 80' x 100' and separated by an alley. The site is identified as Parcel #3 on the aerial photo and is listed as land with the multi-family configuration already divided into multiple buildable lots.
The property is located in Plainview, Texas, in Hale County. It is zoned multi-family, and the listing notes adjacency to General Commercial zoning. With rezoning, the land may be suitable for some commercial uses such as hotel/motel and restaurant, along with other uses that may be permitted under rezoning approval.
For developers and builders, the existing lot layout supports residential plans such as duplexes, townhouses, apartments, and retirement housing, as well as indoor public assembly uses that may be allowed under the multi-family zoning. The listing also indicates the property is associated with two other properties combined on the same Hale County Appraisal District property record, so buyers should coordinate due diligence with the listing agent regarding the combined record and related information. Contact the listing agent for additional details and next steps.
The property is located in Plainview, Texas, in Hale County. It is zoned multi-family, and the listing notes adjacency to General Commercial zoning. With rezoning, the land may be suitable for some commercial uses such as hotel/motel and restaurant, along with other uses that may be permitted under rezoning approval.
For developers and builders, the existing lot layout supports residential plans such as duplexes, townhouses, apartments, and retirement housing, as well as indoor public assembly uses that may be allowed under the multi-family zoning. The listing also indicates the property is associated with two other properties combined on the same Hale County Appraisal District property record, so buyers should coordinate due diligence with the listing agent regarding the combined record and related information. Contact the listing agent for additional details and next steps.
Key Highlights
- Vacant land (+/- 1.52 acres) with 8 lots, each approx 80' x 100', separated by an alley
- Zoned multi‑family—suited for duplexes, townhouses, apartments, retirement housing, and indoor public assembly
- Adjacent to general commercial zoning; with rezoning, may allow some commercial uses such as hotel/motel and restaurant
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 79072, TX
25,590
Population
10,093
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
74%
High-School Grad
394.6 sq mi
ZIP Area
65
Density / Sq Mi
$50,766
Median Household Income
$31,083
Median Earnings
$813
Median Rent
$106,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant 8-lot parcel zoned multi-family, laid out for duplexes, townhomes, and other residential housing.
Where is this residential land & home lot located?
The property is located at Kermit @15th St Plainview, TX.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Vacant land (+/- 1.52 acres) with 8 lots, each approx 80' x 100', separated by an alley; Zoned multi‑family—suited for duplexes, townhouses, apartments, retirement housing, and indoor public assembly; Adjacent to general commercial zoning; with rezoning, may allow some commercial uses such as hotel/motel and restaurant
