Property summary
This exceptional 240.5-acre property presents a unique investment opportunity in the burgeoning south Lubbock area. Located at 4517 County Rd 7900, Wolfforth, TX 79424, this farm and ranch boasts paved access via County Road 7890/7900, conveniently connecting to Slide Road. The property features a well-maintained 1,480 square foot house built in 2016, complete with a 480 square foot double-car garage. The property is currently enrolled in the Conservation Reserve Program (CRP), offering potential for organic farming or vineyards, though a new contract assignment or termination would be required for alternative uses. The southern boundary shares a line with Lynn County. This semi-developed land is situated within the Lubbock-Cooper Independent School District, providing excellent proximity to Lubbock's growth pattern. The property's location offers a blend of rural tranquility and convenient access to urban amenities, making it ideal for a variety of uses. The asking price is $1,395,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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