62.76 Acres Near Shallowater

$407,940
Under Contract

Property Details

ID: 46640
Status: Under Contract
Price: $407,940
Acres: 62.76±
Price Per Acre: $6,500
Type: Undeveloped Land, Business Opportunity
City, State: Shallowater, Texas
County: Lubbock
ZIP Code: 79363
Lat/Long: 33.6547, -101.9889
Presented By: Peter Griffith
Taxes: $1,303

Description

We are pleased to present the exclusive listing on this 62.76+/- acre tract just outside Lubbock and Shallowater, Texas. This tract is located in a highly desirable area with residential development already present around most of the property. This tract is an opportunity for development or a longtime hold, with the future Loop 88 projected to run just outside the southern border of the property. 

 

Location: The location of the farm is highly desirable. The farm is less than two miles from Highway 84, and has access to FM 2641 on the South side of the property.

 

Land: The land is completely covered by Acuff loam, and is an extremely level farm, with only a 1% slope in some areas. 

 

Farming: The farm is currently being farmed by a tenant on a crop share as a dryland farm.

 

Development: The farm is located in an area that is currently being developed for single family residential use. The current renderings for Loop 88 alo runs just South of the property line. 

 

Minerals: The sellers will keep any mineral interests currently owned on the property.

 

Listed By:
Peter Griffith, Realtor

806-781-2167

TX Real Estate Group

Keller Williams Realty


Notes: Buyer is encouraged to conduct their own due diligence prior to purchasing. All info listed above is according to the best knowledge of the seller and other relevant sources. The TX Real Estate Group will not be held liable for any information found to be inaccurate during or after closing the buying process. All buyers agents must be identified on first contact and accompany buyers on all showings in order to be given full participation fee. If these requirements are not met, participation fee will be at the sole discretion of the TX Real Estate Group.

Peter Griffith

Peter Griffith

Keller Williams Realty

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Peter Griffith
Keller Williams Realty
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