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    5000 Gary Ave Lubbock, TX 79413

    Sponsored
    For Sale
    $595,000

    LAND - Lubbock, TX

    Lot size:
    1.93 Acres
    Days on Market:
    24
    Last Refresh:
    Jan 10 at 6:06 pm

    Property Features for 5000 Gary Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    R317103
    Lot size
    1.93 Acres

    Williams & Company Real Estate (806) 777-1310

    Listing agent Dan Williams (806) 777-1310 License #0550528

    Listing date Dec 18, 2025

    MLS# 202554513 Listing URL

    Copyright © 2025 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.

    Overview

    Lubbock Infill Land Opportunity

    This 1.9-acre parcel in Lubbock, TX, presents an infill land opportunity located off 50th Street and Gary Ave. The property is zoned for high-density residential use, accommodating mixed housing types such as townhouses, detached single-family garden homes, and low- to mid-rise apartments. Its location offers proximity to Monterey High School, Market Street United Supermarket, Rosas Tortilla Factory, Sonic, and a United States Postal Office. Additionally, the property is within a short drive of Texas Tech University and the hospital district, making it a potentially attractive location in the rapidly developing Lubbock market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.882825
    Latitude
    33.546886

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    FAQs

    What type of property is this?
    Land - 1.9-acre parcel with prime real estate development potential.
    Where is this land located?
    The property is located at 5000 Gary Ave Lubbock, TX.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - 1.9-acre parcel offers prime real estate development potential.; - Zoned high density residential for mixed housing types (townhouses, single-family homes, apartments).; - Located near Monterey High School, grocery store, restaurants, and post office.
    (806) 777-1310
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    5000 Gary Ave Lubbock, TX 79413
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    Lubbock, TX 79413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5000 Gary Ave Lubbock, TX 79413
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