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    OFF-MARKET
    Land

    0 184Th St, Lubbock, TX 79423

    75 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment or development opportunity in Lubbock County, Texas. This expansive 75-303 acre tract, located near CR 2040 & 184th, offers unparalleled potential. Situated conveniently near the new Loop 88 and Red Feather Country Club, yet outside city limits, this property boasts a prime location. Pre-platted for Magnolia Estates South, this land is ready for immediate development, leveraging existing engineering and surveying work already completed. Alternatively, buyers can create their own site plan. The property is divisible into 75-acre parcels, catering to various investment strategies. Located within the rapidly growing Cooper ISD, this land presents a unique opportunity to capitalize on the increasing demand for residential properties in this desirable area. One-plus acre tracts outside city limits, yet close to Lubbock, are highly sought after by homebuyers. This makes this large parcel an attractive investment, whether developed as a residential addition or held as a significant land asset. The $25,000 per acre price point presents a compelling value proposition in the current market.

    Property profile
    Verified
    Property type Land
    Lot 75 ac (3,267,000 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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