1620-1672 82Nd St Lubbock, TX 79423
- Land
- 1.55 lot acres
Current Use by Public Records
- Land
Property Details for 1620-1672 82Nd St
- Lot size
- 1.55 lot acres
- Property type
- Land
Description
This exceptional 1.55-acre parcel in Lubbock, Texas, presents a prime opportunity for residential development. Located at 1620-1672 82nd Street, Lubbock, TX 79423, this property is zoned for low-density residential use and is ideally suited for the construction of approximately 27 townhomes. The asking price is $700,000. Detailed plans are available with an acceptable offer, streamlining the development process. Its strategic location within a thriving and desirable area of Lubbock County ensures high demand and strong potential for rental income or resale. The property's 1.55-acre size provides ample space for the planned townhomes, along with potential for additional amenities or green spaces. This development-ready land offers a unique chance to create a vibrant and attractive residential community in a sought-after location. All necessary utilities are readily accessible, minimizing development complexities and accelerating project timelines. This is a turnkey opportunity for developers seeking a high-return investment in a growing Texas market. The property is ready for immediate development, offering a significant advantage in a competitive market. Don't miss this chance to capitalize on the strong demand for residential housing in Lubbock.
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
- -101.855
- Latitude
- 33.5202
