220 Aspen, New Deal, TX

Listing office Duncan Real Estate Co. d***@3pointcommercial.com Show Phone

Listing date Oct 15, 2025

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Overview

This 25-acre tract is located directly south of the Road Ranger Travel Center, offering potential for multi-family development along the I-27 corridor in New Deal, Texas. The site benefits from high daily traffic, established infrastructure, and population expansion in the surrounding area. Utilities including water, sewer, and electricity are nearby. The property is zoned for multi-family use. The location is positioned for apartments, townhomes, or build-to-rent communities that serve both New Deal and the expanding North Lubbock market. Its proximity to utilities, schools, and major employers makes it suitable for a residential developer seeking long-term growth potential in a high-visibility location. The property has I-27 visibility and access and is within an Opportunity Zone for potential tax advantages. New Deal is experiencing growth, and a $48.5 million school bond is enhancing local infrastructure, supporting residential and commercial expansion.

Map

City

New Deal

County

Lubbock

State

Texas

Longitude

-101.838

Latitude

33.7411

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FAQs

What type of property is this?

Land - 25-acre tract zoned for multi-family development in New Deal, TX.

Where is this land located?

The property is located at 220 Aspen New Deal, TX.

What is the asking price?

The asking price for this property is $2,722,500.

What are key features of this property?

This property features: 1.25 acres zoned for multi‑family development, ideal for apartments, townhomes, or build‑to‑rent communities.; High‑visibility I‑27 frontage offers excellent exposure and accessibility.; Rapidly growing area in West Texas, near Lubbock, with strong population expansion.