Property profile

20th St & Flint Ave Lubbock, TX 79382

OFF-MARKET
Land
121.51 ac lot
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Property summary

AI-generated overview

This exceptional 121.511-acre tract presents a remarkable opportunity for residential development in Wolfforth, Texas. Situated at the southwest corner of 20th Street and Flint Avenue, this property boasts a prime location within the highly desirable Frenship Independent School District. The expansive acreage offers the potential to create a thriving community of approximately 400-500 homes, seamlessly blending the tranquility of the West Texas landscape with modern amenities. Imagine a planned development incorporating thoughtfully designed parks, inviting walking trails, and a vibrant community center, fostering a strong sense of belonging among residents. The property's strategic location provides convenient access to essential services and infrastructure. Utilities are conveniently located approximately 1,000 feet to the north, streamlining the development process. This is a rare chance to build a captivating residential neighborhood in a sought-after area, offering a unique blend of rural charm and modern convenience. The property's size and location make it an ideal investment for developers seeking to create a thriving and desirable community in Wolfforth, Texas, zip code 79382. The Lubbock County location provides access to a growing regional economy.

Property profile

Verified
Property type Land
Lot 121.51 ac (5,293,019 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20th St & Flint Ave Lubbock, TX 79382
Lubbock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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