6300 Shallowater Dr Lubbock, TX 79416
- Land
- 431.70 lot acres
Current Use by Public Records
- Land
Property Details for 6300 Shallowater Dr
- Lot size
- 431.70 lot acres
- Property type
- Land
Description
This exceptional 431.7-acre property, situated in Lubbock County, Texas, presents a remarkable investment opportunity for discerning developers and builders. Located just outside city limits, this expansive land is divided into two convenient parcels: one encompassing 199 acres and the other spanning 232.7 acres. Its strategic location offers easy access to Lubbock's amenities and the Shallowater Independent School District, while remaining a mere 6.6 miles from Loop 289. The property's zoning allows for a wide array of development possibilities, including residential communities, commercial ventures, or recreational spaces. A significant advantage is the presence of five wells on the property, ensuring a readily available water supply crucial for any large-scale development project. The address is Alcove & CR 6300 Shallowater, Lubbock, TX 79416, and the asking price is $5,827,950, translating to $13,500 per acre. This land is ideally positioned near the future Loop 88, further enhancing its long-term value and accessibility. The property is zoned Outside City Limits.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Longitude
- -101.969
- Latitude
- 33.6036
