Property profile

6604 Fm 179 Wolfforth, TX 79382

OFF-MARKET
Land
52.84 ac lot
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Property summary

AI-generated overview

This exceptional 52.84-acre tract presents a remarkable opportunity for residential development within the Wolfforth city limits. Pre-platted for 209 lots, each approximately 6,000 square feet and 50 feet wide, this property is ideally situated in the highly desirable Frenship ISD, Lubbock County. All pre-engineering plans and pre-platting materials will transfer to the buyer upon closing. The property's location near established subdivisions like Preston Manor and Llano Estates adds to its appeal. While water is available on FM 179, extension to the property will be required. Sewer service can be accessed via a pump station, with potential cost-sharing options with neighboring properties or the city. Convenient access to major streets like 82nd, 50th, 34th, and 19th Streets off FM 179 ensures easy access to Lubbock. The property is zoned SFR (Single Family Residential) and is located one mile north of Frenship High School. This turnkey development opportunity is priced at $1,585,200 and offers significant potential for a high-return investment. The address is 6604 FM 179, Wolfforth, TX 79382.

Property profile

Verified
Property type Land
Lot 52.84 ac (2,301,710 SF)

Cap rate & NOI

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

Location

6604 Fm 179 Wolfforth, TX 79382
Wolfforth 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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