www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32403656
32403655

311& 313 Avenue U, Lubbock, TX 79415

DP
TX TX 257988
Keller Williams Realty
Listed by Keller Williams Realty
$275,000
498 days on market
Updated 26 days ago

311& 313 Avenue U

Details
Property Type Multifamily, Mixed Use (+1)
Sub Type Commercial, Student Housing (+1)
Square Footage 13,811
Price per SqFt $20
Acreage 0.317
Zoning HDR

Infill Development Opportunity near Texas Tech

Marketing description

This site presents a compelling infill development opportunity in one of Lubbock's strongest rental corridors. This offering includes two adjacent parcels totaling approximately 0.317 acres, zoned HDR (High Density Residential), allowing for a range of higher- density residential uses.

Positioned within walking distance to the Texas Tech campus and just off the Marsha Sharp Freeway, the property benefits from consistent rental demand driven by students, faculty, and workforce housing needs. The site offers excellent access to University Avenue and Lubbock's primary east-west corridor, supporting both tenant accessibility and long-term value.

With limited infill opportunities remaining in close proximity to Texas Tech, this property is well-suited for duplex, triplex, or small multifamily development, as well as long-term hold strategies in a high-demand rental market.


Investment highlights

  • Walking distance to Texas Tech Campus
  • Immediate access to Marsha Sharp Freeway (US-62)

Listing Contacts

DP
TX TX 257988
Keller Williams Realty
Listed by Keller Williams Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
David Powell
License
TX 257988
Brokerage
Keller Williams Realty-Lubbock
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591