For Sale
$1,742,400

15102 University Ave Lubbock, TX 79423

8 Acres, University Ave Frontage

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 8-acre commercial land parcel in Lubbock, Texas, offers a prime development opportunity. Situated on University Avenue at the entrance to The Reserve at Dunn Mill, this property is zoned Transitional and presents itself as two four-acre tracts, easily subdivided into one-acre lots. Each acre is priced at $6.50 per square foot. The site boasts convenient utility access, although septic systems will be required for any development. This location benefits from its placement within the highly sought-after Lubbock Cooper Independent School District (LCISD), which is slated to open its sixth elementary school in 2028, just east of University Avenue. The surrounding area is experiencing rapid growth, with established residential communities like Allen Farms, Bell Farms, Timber Ridge, Cooper Ranch, Indiana South, Kelsey Park, and Viridian nearby. This strategic location and the potential for retail, office, or commercial development make this an exceptional investment opportunity in a thriving South Lubbock market. The property's address is 15102 University Ave, Lubbock, TX 79423, and is located in Lubbock County. The asking price for the entire 8-acre parcel is $1,742,400.

Highlights

  • 8-acre commercial land parcel in Lubbock, TX, zoned Transitional, easily subdivided into one-acre lots.
  • Each acre priced at $6.50 per square foot, totaling $1,742,400 for the entire parcel.
  • Utilities readily accessible; septic systems required for development.
  • Located in the highly desirable Lubbock Cooper ISD, near a planned sixth elementary school opening in 2028.

Property Details for 15102 University Ave

Property type
Land
Lot Size (sq. ft)
348,480 SF

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.4568833
Longitude
-101.8709306

FAQs

What type of property is this?
Land - 8 Acres, University Ave Frontage
Where is the land located?
The property is located at 15102 University Ave Lubbock, TX.
What is the asking price?
The asking price for this property is $1,742,400.
What are key features of this property?
This property features: 8-acre commercial land parcel in Lubbock, TX, zoned Transitional, easily subdivided into one-acre lots.; Each acre priced at $6.50 per square foot, totaling $1,742,400 for the entire parcel.; Utilities readily accessible; septic systems required for development.
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15102 University Ave
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