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Days21Days on Market
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$440,836

8902 University, Lubbock, TX, 79423

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size36,890 sqft

Land Information

APNR307464
SubdivisionSummerfield
Land UseVacant Residential
Legal DescriptionSUMMERFIELD N119' OF TRACT E
Assessed Land Value$200,000
Assessment Year2025

About this property

Discover the ultimate opportunity for your business at this retail tract of land on South University! Set amidst a cluster of Quick-Service Restaurants, Tinseltown Movie Theater and flourishing residential developments, this 36,890-square-foot parcel is the perfect canvas to bring your business to life. With high traffic counts from the bustling residential communities and the pull of neighboring QSRs, your business is destined for success. Nearby businesses include Chic-Fil-A, Whataburger, Buffalo Wild Wings, Braum's, Dutch Bros and a new credit union being built across the street. This strategic location promises great visibility and accessibility, enabling you to capture a wide customer base. Current zoning is AC- Auto Urban Commercial and the front of the lot is already paved and fenced on both north and south sides. Owners willing to do a build to suit.

Investor Tools

Property Icon
$200,000
Estimated Property Value
$0Estimated Mortgage Balance
$200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,645 /month
Positive
Cash Flow Estimate:
$882 /month

Interested in this property?

Dan Williams

Williams & Company Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,539
$200,000
2025
$200,000
N/A
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,539
$200,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,000
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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