20th St & Flint Ave, Lubbock, TX 79382
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.