7716 18Th St Lubbock, TX 79416
- Land
- 40.00 lot acres
Current Use by Public Records
- Land
Property Details for 7716 18Th St
- Lot size
- 40.00 lot acres
- Property type
- Land
Description
This exceptional 40-acre parcel in Northwest Lubbock, Texas, presents a remarkable opportunity for residential development. Located near the intersection of 19th Street and Alcove Avenue, this pre-platted land offers 252 lots, minimizing pre-development costs and timelines. The property's strategic location provides easy access to downtown Lubbock, Texas Tech University, and major employment centers via nearby major thoroughfares. Future residents will enjoy convenient proximity to shopping, dining, parks, and top-rated schools. This thriving area boasts a blend of suburban tranquility and urban convenience, appealing to families, professionals, and retirees. The strong Lubbock housing market and the site's scalability allow for flexible phased construction, enabling strategic market entry and financial planning. This $3,000,000 investment offers a high-return potential in a proven growth corridor, making it ideal for developers, investors, and builders seeking to create a thriving new residential community. The land is priced at $75,000 per acre. This is more than just land; it's a vision waiting to be realized.
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
- -101.989
- Latitude
- 33.5801
