Texas Tech Multifamily Land - Lubbock
Multifamily Land | 1.3 acres | Up to 63 Units
Marketing description
The Multifamily Group is pleased to present 1.3 acres of prime, development-ready land assembled by a long-term owner in the rapidly growing city of Lubbock, Texas. The property consists of five contiguous parcels forming a 360’ x 157.5’ rectangular site. It is fully entitled for multifamily development, with preliminary plans supporting up to 63 units.
Ideally positioned between Texas Tech University and the affluent Rush neighborhood (with a median household income of approximately $219,000 per Nextdoor), the site offers a highly walkable location that appeals to young professionals, medical personnel, and graduate students. The property is also just one mile from University Medical Center, Covenant Hospital, and the Texas Tech University School of Law.
Investment highlights
1.3-Acre Infill Multifamily Site Assembled by a Long-Term Owner
Fully Entitled; Preliminary Plans Support ~63 Units Plus Leasing Office
Located between Texas Tech University and the affluent Rush neighborhood ($219K median income per Nextdoor)
Walkable Location Serving Young Professionals, Medical Staff, and Graduate Students
One Mile from University Medical Center, Covenant Hospital, and Texas Tech Law School
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