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$55,000

1128 Field, New Home, TX, 79383

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Baths0 Bath
Unimproved LandUnimproved Land

About this property

Welcome to Cotton Creek Farms, an exquisite neighborhood nestled in the prestigious New Home School District, where luxury meets the charm of country living. Located just south of New Home and only minutes from the vibrant city of Lubbock, this exclusive community offers the perfect blend of serene, rural tranquility and modern convenience. Embrace the freedom and lifestyle you've always dreamed of with spacious lots designed for your custom-built home. Each generous lot provides ample space to craft your personal oasis, surrounded by the beauty of wide-open landscapes and peaceful surroundings. Whether you envision a sprawling estate or a cozy retreat, Cotton Creek Farms is the ideal canvas for your dream home. Experience the best of both worlds- rural elegance with easy access to Lubbock's amenities, dining, and entertainment. Fall in love with the unmatched lifestyle and endless possibilities that await you in Cotton Creek Farms. Secure your lot today and start building the life you've always imagined in this premier New Home community!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$330 /month
Positive
Cash Flow Estimate:
$110 /month

Interested in this property?

Amy Cox

ALL Real Estate, LLC

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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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