




$34,999
502 N College Ave, Levelland, TX, 79336
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About this property
Unique Investment Opportunity with Endless Possibilities! Calling all investors, entrepreneurs, and visionaries! This one-of-a-kind property offers a rare combination of a former commercial restaurant building at the front of the property and a manufactured home at the rear—all situated on residentially zoned land. The restaurant building presents an incredible opportunity for renovation, repurposing, or restoration, subject to zoning regulations and any required approvals. The manufactured home in the back is not currently livable and will require significant repairs or replacement, making this an ideal project for someone looking to maximize the property's potential. Whether you're considering redevelopment, restoring the existing structures, or exploring permitted uses with the appropriate authorities, this property is full of possibilities for the right buyer. Being sold AS-IS. Buyers are encouraged to verify zoning, permitted uses, and redevelopment opportunities with the appropriate local authorities. Bring your vision, your contractor, and your creativity—properties with this much potential don't come along every day!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Levelland
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