904 AvenueAbernathy, TX 79401

  • Commercial real estate
  • 5,000 SF
For Sale
$2,165,000 View listing

Property Details for 904 Avenue

Lot size
0.17 AC
Property size (Sq ft)
5,000 SF
Property type
Commercial real estate
APN
14093
APU
14093

Description

This exceptional 618-acre property presents a unique investment opportunity in rapidly growing Lubbock County, Texas. Located at the southwest corner of Highway 84 and FM 179, near Abernathy and Lubbock, this expansive parcel offers significant potential for both residential and commercial development. The land is ideally suited for a large-scale residential project, taking advantage of Shallowater's booming population growth and convenient location. The strategic positioning also provides valuable commercial frontage along major roadways, creating additional development possibilities. Priced at $3,500 per acre, totaling $2,165,000, this represents a compelling direct investment in a thriving Texas community. With its substantial size and prime location, this property offers developers a rare chance to capitalize on the area's expanding infrastructure and increasing demand for housing and commercial spaces. The address is listed as 904 Avenue E, Lubbock, TX 79401. Detailed surveys and zoning information are available upon request. Don't miss this chance to secure a significant land holding in one of Texas's most dynamic growth areas.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $849,069
    Hospitality
    $777,743
    Educational
    $647,073
    Medical
    $669,327
    Retail
    $1,006,558

Location Insight

City
Abernathy
County
Hale
State
Texas
Latitude
33.8324
Longitude
-101.843
CBSA code
38380
CBSA name
PLAINVIEW, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$334
$3,000
$10,691
$13,691
-
$3,000
$10,691
$13,691

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