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$675,000

11201 Avenue P, Lubbock, TX, 79423

On MarketInfo
Just AddedInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover the potential of this versatile +/- 10-acre tract located just off the corner of 114th Street and Avenue P, only minutes from I-27 and in close proximity to Cooks Garage. Situated in the county, this property offers flexibility for a wide range of potential uses. While the property is located within a designated floodway, it has remained relatively dry over the years and features relatively flat topography. With convenient access from Avenue P, the property could be an excellent location for an RV park, contractor yard, commercial development, mini-storage, or other county-approved uses. Its location near I-27 provides easy access while remaining just outside the city limits. One of the biggest advantages is its value. Priced well below many comparable commercial tracts in the area, this property offers an affordable opportunity to invest in a growing corridor with plenty of future potential. Whether you're looking to develop now or hold for future appreciation, this tract offers location, flexibility, and value.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Jarrett Thornton

Jarrett Thornton

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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: Lubbock

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