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26651114
26651113

17651 County Rd 2040, Lubbock, TX 79423

KB
TX 0657381
Fairway Commercial Advisors
Listed by Fairway Commercial Advisors
$7,500,000
288 days on market
Updated 24 days ago

300 Acres Magnolia Estates | Cooper ISD | CR 7700 & CR 2040

Details
Property Type Land
Sub Type Commercial, Farm (+1)
Lot Size (SqFt) 13,068,000

300 Acres – Magnolia Estates | Cooper ISD | CR 7700 & CR 2040 | Lubbock, TX

Marketing description

Property Overview

Prime ±300-acre development tract located at the intersection of CR 7700 & CR 2040 in South Lubbock. Within the highly desirable Cooper ISD, this property offers dual frontage, excellent visibility, and flexible development potential for residential, commercial, or mixed-use projects.

Investment Highlights

  • Acreage: ±300 Acres

  • School District: Lubbock-Cooper ISD

  • Frontage: Dual frontage on CR 7700 & CR 2040

  • Utilities: Water & electric available nearby (verify with providers)

  • Topography: Flat, development-friendly

  • Surroundings: Established neighborhoods, schools, and rapid growth corridor

Development Potential

  • Residential Lot Options:

    • ½-Acre Lots → ±600 lots possible

    • 1-Acre Lots → ±300 lots possible

    • Strong demand for large-lot subdivisions in South Lubbock, offering buyers space, privacy, and Cooper ISD schools.

  • Commercial / Mixed-Use:

    • ±15–20 acres of frontage suitable for retail, office, medical, or multifamily pads

    • Excellent exposure for service-based commercial supporting residential build-out

Financial Metrics

(Illustrative)

  • Pricing: Contact broker for guidance ($/acre pricing available upon request)

  • Lot Yield:

    • ½-Acre: ±600 lots

    • 1-Acre: ±300 lots

  • Pro Forma Retail Pads: Future sales potential at $4–6/SF depending on use and frontage

  • Absorption: South Lubbock subdivisions average 15–20 lot sales per month, with larger-lot product often commanding premium pricing and faster velocity in Cooper ISD

Location Advantages

  • In the path of growth for South Lubbock

  • Just 5 miles from Loop 289, with direct access into the city

  • Surrounded by schools, neighborhoods, and active residential developments

  • Within Cooper ISD – a top demand driver for both families and investors

📞 Contact Broker for Pricing & Offering Details

Investment highlights

  • Scarcity of Large Tracts in Cooper ISD
    Large contiguous parcels in Lubbock-Cooper ISD are increasingly rare. Demand for homes in this district consistently outpaces supply, making this a prime opportunity for developers to secure scale in one of the strongest school zones in West Texas.

  • Premium Buyer Demand for Larger Lots
    The market is shifting toward ½-acre and 1-acre lots, with families seeking space, privacy, and flexibility for shops, pools, or outdoor living. These larger-lot subdivisions often command premium pricing and experience faster absorption compared to standard subdivision lots.

  • Dual-Frontage Commercial Flexibility
    With frontage on CR 7700 and CR 2040, the property offers flexibility to carve out 15–20 acres of commercial pads for retail, office, or service-based tenants that support residential rooftops. These commercial tracts can generate higher per-square-foot returns while adding long-term value to the development.

  • Path of Growth in South Lubbock
    South Lubbock is one of the fastest-growing corridors in the region, fueled by school demand, infrastructure improvements, and proximity to Loop 289. This property sits directly in that growth path, surrounded by ongoing residential and commercial expansion.

  • Proven Absorption & Market Strength
    Nearby subdivisions in South Lubbock are averaging 15–20 lot sales per month, demonstrating strong buyer demand. Developers who deliver larger-lot product in Cooper ISD are well-positioned to outperform the market.

Listing Contacts

KB
TX 0657381
Fairway Commercial Advisors
Listed by Fairway Commercial Advisors

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Additional Information

Name
Katie Billingsley
License
0657381
Brokerage
Fairway Commercial Advisors
Brokerage Phone
8067779216
Title
Real Estate Sales Person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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