15104 University Ave Lubbock, TX 79423
- Land
- 10.30 lot acres
Current Use by Public Records
- Land
Property Details for 15104 University Ave
- Lot size
- 10.30 lot acres
- Property type
- Land
Description
This exceptional investment opportunity presents 28 ready-to-build residential lots in Lubbock, Texas, within the highly sought-after Lubbock Cooper Independent School District (LCISD). Priced at $4,245,500, this package offers significant potential for immediate development. The property includes two additional tracts of land, one measuring 10.3 acres and another spanning 43.3 acres, both zoned SF-2 Low Density Single Family Residential. Pre-platting and engineering work is already complete for these larger tracts, streamlining the development process. Utilities are conveniently located nearby, although septic systems will be required. The development benefits from its proximity to existing successful residential subdivisions such as Allen Farms, Bell Farms, Timber Ridge, Cooper Ranch, Indiana South, Kelsey Park, and Viridian. Furthermore, the planned opening of LCISD's sixth elementary school in 2028, situated just east of University Avenue on 152nd Street, will further enhance the desirability and value of this location. This is a rare chance to acquire a substantial land holding in a rapidly growing area, poised for significant returns. The address is 15104 University Ave, Lubbock, TX 79423. Each residential lot is approximately half an acre.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.871
- Latitude
- 33.4569
