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311 & 313 Avenue U
Lubbock, TX 79415
Land For Sale
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0.32 AC


Investment Highlights
- Walking distance to Texas Tech Campus
- Immediate access to Marsha Sharp Freeway (US-62)
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 0.32 AC |
| Zoning | HDR - High Density Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.32 AC |
| Zoning | HDR - High Density Residential |
1 Lot Available
Lot
| Price | $373,450 CAD | Lot Size | 0.32 AC |
| Price Per AC | $1,167,031.28 CAD |
| Price | $373,450 CAD |
| Price Per AC | $1,167,031.28 CAD |
| Lot Size | 0.32 AC |
Two adjacent parcels totaling ~0.317 acres near Texas Tech. Zoned HDR for higher-density residential use. Ideal for duplex, triplex, or small multifamily development with strong rental demand and quick access to Marsha Sharp Fwy.
Description
The Powell Group is pleased to present 311-313 Avenue U, a great opportunity to acquire two adjacent parcels in Lubbock, Texas. Zoned HDR (subject for zone change to commercial), this property offers significant potential for multi-family development or other high-density residential projects. Strategically located just off the Marsha Sharp Freeway, the property provides excellent connectivity to University Avenue and is in walking distance to Texas Tech University. This prime location offers easy access to major transportation routes, vibrant commercial districts, and the bustling Texas Tech campus, making it ideal for commercial and residential development aimed at students, faculty, or urban professionals. Don’t miss this opportunity to capitalize on a growing market near one of Lubbock’s most dynamic areas. For additional information, contact The Powell Group today.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $4,025 CAD | Total Assessment | $4,025 CAD |
