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19884101

7716 18th St, Lubbock, TX 79416

MO
Texas 596269
Mcdougal Realtors
Listed by Mcdougal Realtors
$3,000,000
643 days on market
Updated 129 days ago

40 ac of vacant land on 19th St. pre-platted

Details
Property Type Land
Sub Type Residential
Price Per Acre $75,000
Acreage 40.000

Pre-platted vacant land for residential development

Marketing description

Prime Residential Development Opportunity in Northwest Lubbock

Nestled in the thriving northwest quadrant of Lubbock, Texas, just off the bustling intersection of 19th Street and Alcove Avenue, lies an exceptional opportunity for visionary developers and investors.

**Property Overview:**

- **Total Lots:** 252

- **Development Status:** Preplatted and ready for immediate development

- **Land Size:** 40 acres

- **Price:** $3,000,000

- **Land Use:** Ideal for a mix of single-family homes, townhouses, or innovative residential concepts

Investment highlights

- **Growth Potential:**

Northwest Lubbock is one of the fastest-growing areas in the city, known for its expanding residential communities, new schools, and commercial developments.

- **Proximity:**

Close to major thoroughfares, ensuring easy access to downtown Lubbock, Texas Tech University, and major employment hubs.

- **Amenities:**

Future residents will benefit from nearby shopping centers, restaurants, parks, and top-rated educational institutions.

- **Lifestyle:**

Offers a blend of suburban tranquility with urban convenience, perfect for families, professionals, and retirees looking for a peaceful yet accessible community.

**Investment Highlights:**

- **Pre-Development Work:** The land is preplatted, significantly reducing the time and cost associated with initial planning and zoning.

- **Scalability:**

With 252 lots on 40 acres, this development offers flexibility for phased construction, allowing for strategic market entry and financial planning.

- **Market Demand:**

The housing market in Lubbock continues to see strong demand, particularly for well-located, thoughtfully designed residential areas.

**Opportunity for:**

- Developers looking to create a new benchmark in residential living.

- Investors seeking a high-return project in a proven growth corridor.

- Builders interested in crafting a community from the ground up.

**Next Steps:**

- **Site Visits:** Arrange a visit to see the potential of this land firsthand.

- **Development Consultation:** Our team is ready to discuss detailed development plans, market analysis, and financial projections.

**Contact Us:**

For more information or to schedule a meeting, please contact:

Mark Oatman - 806-543-8568 - mark.oatman@mcdougal.com

**Join us in shaping the future of Lubbock's residential landscape. This is more than just land; it's a vision waiting to be realized at a competitive price of $3,000,000 for 40 acres.**

Listing Contacts

MO
Texas 596269
Mcdougal Realtors
Listed by Mcdougal Realtors

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