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Residential Land in Wellman, Texas
For Sale
$94,640

Lot #5 CR 305, Wellman, TX 79316

Land, Wellman, TX

Property SizeContact for details
Lot Size11.83 Acres
Days on Market234

Property Features for Lot #5 CR 305

General Information

Property type Land
Property subtype Other
Lot features Corner Lot
Elementary school Wellman-Union
Middle school Wellman-Union
High school Wellman-Union
Elementary school district Wellman-Union Cons ISD
Middle school district Wellman-Union Cons ISD
High school district Wellman-Union Cons ISD
Directions Wellman, Tx, turn Wrest on FM 213 approximately 1/3 mile, turn right, North, on county Road 305, property on right side, just before the third street into the development.
Subdivision Terry County
Standard status Active
APN R8379
Lot size 11.83 Acres

Taxes and HOA fees

Tax Description BLK DD SEC 10 PART OF E/2 OF N W OF RAILROAD 298.40 ACRES BLK/TRACT 298.4 ACRES
HOA Fee $1,000 Annually
Legal Description BLK DD SEC 10 PART OF E/2 OF N W OF RAILROAD 298.40 ACRES BLK/TRACT 298.4 ACRES

Utilities

Utilities Electricity Available
Sewer type Septic Needed
Water source Well
Listing Agency: The Nicholson Agency Real Esta
Listed By: Will Fowler · License #0470262
Added: Jan 14 Changed: Sep 1 Last Checked: Sep 5 at 6:06PM
MLS# 202600682

Copyright © 2026 Lubbock 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 11.83-acre lot is located in Wellman, Texas, and offers an opportunity for quiet rural living within a new development. The property is subject to restrictions intended to maintain the attractiveness of the area, including single-family residential use only, with no commercial or industrial activities permitted. Lot Number 5 is situated on the corner of paved County Road 305 and an all-weather (caliche) cul-de-sac street. The lot is equipped with electricity and a water well. The property is ready for development.

Key Highlights

  • Corner lot in a new development.
  • Electricity and water well already in place.
  • Paved road access (CR 305).

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Demographics for 79316, TX

10,619
Population
4,226
Households
2.5
Avg Household Size
36
Median Age
10%
College-Educated
77%
High-School Grad
470.1 sq mi
ZIP Area
23
Density / Sq Mi
$43,865
Median Household Income
$34,650
Median Earnings
$814
Median Rent
$110,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential land for sale in a quiet rural development.
Where is this residential land & home lot located?
The property is located at Lot #5 CR 305 Wellman, TX.
What is the asking price?
The asking price for this property is $94,640.
What are key features of this property?
This property features: Corner lot in a new development.; Electricity and water well already in place.; Paved road access (CR 305).
More about this property
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