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$208,000

NAL Estimated Property Value

16227 P R 2250, Lubbock, TX, 79423

Off MarketInfo
Baths0 Bath
Baths804 Sq Ft
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size40.05 acres

Building Information

Year Built1980

Land Information

APNR119503
Lot Number31500
Land UseResidential
Legal DescriptionBLK 20 SEC 26 AB 1493 TR C NW/4 AC: 40.05 (LESS BLDG ONLY)
Census Tract010514
Assessed Land Value$40,000
Assessed Improvement Value$24,951
Assessment Year2025

About this property

Prime Land Opportunity Across from Lubbock-Cooper High School. Discover this exceptional tract of land located in a highly desirable area of Lubbock, Texas. Perfectly positioned directly across from Lubbock-Cooper High School with quick and convenient access to Interstate 27, this property offers unmatched potential for development, investment, or a private estate. With open terrain and utilities nearby, the possibilities are endless—whether you're envisioning residential homes, commercial ventures, or agricultural use. The location places you in the heart of a growing community, surrounded by new development, schools, and easy access to the city while maintaining a rural, open feel. The horse facility in pictures is not for sale, this is a neighboring property.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$0Estimated Mortgage Balance
$208,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,197
$64,951
2025
$40,000
$24,951
$64,951
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,197
$64,951

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$208,000
100%
0%
$0/mo

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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16227 P R 2250 | Property Details | No Agent List