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$116,029

3303 N Frankford Ave, Lubbock, TX, 79416

Off MarketInfo
Baths0 Bath
Baths1,200 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2000

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.02 acres

Building Information

Year Built2000

Land Information

APNR140263
Lot Number30070
Land UseIndustrial
Legal DescriptionBLK JS SEC 12 AB 1350 TR 17 NORTH FRANKFORD AC: 5.02
Census Tract010417
Assessed Land Value$54,668
Assessed Improvement Value$61,361
Assessment Year2025

About this property

5.02 acres of open commercial land that has a 30x80 metal building with 30x40 being insulated and enclosed with a bathroom. Completely fenced with circle drive. Another metal open shed for parking/storage. Private well/septic. Tree lined for wind break. Sale to include air compressor, arc welder and workbench inside the shop. This is a great space for whatever you want to make it. 5.02 acres of flex space. Can also be used for residential home per city zoning dept. Currently zoned as Transitional. This property has endless possibilities.

Investor Tools

Property Icon
$116,029
Estimated Property Value
$0Estimated Mortgage Balance
$116,029Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,580
$116,029
2025
$54,668
$61,361
$116,029
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,580
$116,029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$116,029
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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3303 N Frankford Ave | Property Details | No Agent List