Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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