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$65,000

NAL Estimated Property Value

0 Cotton Creek Farms, New Home, TX, 79373

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Tree lined streets and magnificent landscapes will welcome you to Phase 3 of Cotton Creek Development. Now available single family 1 acre lots. Come see why Cotton Creek is one of the fastest growing neighborhoods in New Home and the Greater Lubbock area. Just 15 minutes away from Walmart, Academy, HEB, United Supermarkets & fine restaurants & 5 minutes from New Home schools. Each lot has access to natural gas, fiber optic high speed internet, and power provided by Lyntegar Electric Coop. High producing water wells. Utility pads have already been constructed on each lot and are ready for you to build your new dream home in NEW HOME! For the second year in a row, New Home ISD has been ranked as an A+ school district by the TEA scoring 97 out of 100 on its' scoring. Niche.com recently rated New Home ISD among top rated school districts! A new elementary school is currently under construction to support the growth of families wanting to have their children in a smaller classroom.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: New Home

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0 Cotton Creek Farms | Property Details | No Agent List