2002 98Th St, Lubbock, TX 79423

This exceptional 2.16-acre property located at 2002 98th Street, Lubbock, Texas, 79423, presents a unique investment opportunity. Zoned HDR (High Density Residential), this land offers significant potential for various residential developments. The property includes a currently leased 1,828 square foot home situated on the corner of 98th Street and Avenue T, providing immediate rental income. This existing structure allows for a passive income stream while future development plans are underway. The expansive lot provides ample space for a variety of residential projects, maximizing the return on investment. Conveniently located just east of University Avenue on 98th Street, this property boasts easy access to all areas of Lubbock. The asking price is $499,999. The property is situated in Lubbock County and fronts 98th Street. Please note that the residential tenant should not be disturbed. This is a prime opportunity for investors seeking a blend of immediate income and long-term development potential in a thriving Texas city. The property's high-density zoning allows for a wide range of possibilities, making it an attractive proposition for both experienced developers and those new to the market. Don't miss this chance to acquire a valuable piece of Lubbock real estate.