
$143,000
NAL Estimated Property Value7414 County Road 5500, Shallowater, TX, 79363
About this property
486.4 acre farm for sale in Lubbock County. This is a family farm that has been in the family for several generations. The farm has 169.1 acres of CRP & if divided, the CRP will be removed at the discretion of the buyer. 7 well sites. The minimum lot acreage is 10.01 acres. Pavement access on the West side of FM 1264 & all weather caliche road on the North on CR 5300.
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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: Shallowater
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