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Days630Days on Market
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$117,777

902 N Olive Avenue, Lubbock, TX, 79403

On MarketInfo
Baths0 Bath
Baths1,120 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10 acres

Building Information

Year Built1990
Roof Type114

Land Information

APNR40236
Lot Number40250
Land UseResidential
Legal DescriptionBLK A SEC 25 AB 50 TR Z2 ACS: 10
Census Tract010203
Assessed Land Value$75,000
Assessment Year2025

About this property

Stunning 10 Acres in Lubbock – Prime Location with Unlimited Potential! Discover the perfect blend of country charm and city convenience with this beautiful 10-acre tract, ideally situated just off Highway 62 and Loop 289. This flat, unrestricted land offers seamless access to everything Lubbock has to offer while being surrounded by scenic farm and ranch properties, providing both tranquility and opportunity. Property Highlights: 10 Acres of prime, level land – ready for development No known easements or restrictions – build a home, start a business, or invest in future growth Minutes from major highways, downtown Lubbock, and Texas Tech University Surrounded by a strong agricultural community with a growing economy Close to large employers and excellent job opportunities Enjoy small-town living with big-city amenities – including championship sports and top-tier education This is a rare opportunity in a rapidly expanding area, ideal for residential, agricultural, or commercial use. And with owner financing available, owning your slice of West Texas has never been more achievable.

Investor Tools

$0Estimated Mortgage Balance
$191,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

Interested in this property?

Teresa Von Illyes

AmeriPlex Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$529
$75,000
2025
$75,000
N/A
$75,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$529
$75,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$191,000
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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902 N Olive Avenue | Property Details | No Agent List