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17651 County Rd 2040, Lubbock, TX 79423

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For Sale

$6,750,000

300 acres

Estimated Payment

$      /mo.

APR for 30 years

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  • Other Residential
    Property type

  • 300 acres
    Lot size

Explore this Property

Property Overview Prime +/-300-acre development tract located at the intersection of CR 7700 & CR 2040 in South Lubbock. Within the highly desirable Cooper ISD, this property offers dual frontage, excellent visibility, and flexible development potential for residential, commercial, or mixed-use projects. Investment Highlights Acreage: +/-300 Acres School District: Lubbock-Cooper ISD Frontage: Dual frontage on CR 7700 & CR 2040 Utilities: Water & electric available nearby (verify with providers) Topography: Flat, development-friendly Surroundings: Established neighborhoods, schools, and rapid growth corridor Development Potential Residential Lot Options: 1/2-Acre Lots +/-600 lots possible 1-Acre Lots +/-300 lots possible Strong demand for large-lot subdivisions in South Lubbock, offering buyers space, privacy, and Cooper ISD schools. Commercial / Mixed-Use: +/-15-20 acres of frontage suitable for retail, office, medical, or multifamily pads Excellent exposure for service-based commercial supporting residential build-out Financial Metrics (Illustrative) Pricing: Contact broker for guidance ($/acre pricing available upon request) Lot Yield: 1/2-Acre: +/-600 lots 1-Acre: +/-300 lots Pro Forma Retail Pads: Future sales potential at $4-6/SF depending on use and frontage Absorption: South Lubbock subdivisions average 15-20 lot sales per month, with larger-lot product often commanding premium pricing and faster velocity in Cooper ISD Location Advantages In the path of growth for South Lubbock Just 5 miles from Loop 289, with direct access into the city Surrounded by schools, neighborhoods, and active residential developments Within Cooper ISD - a top demand driver for both families and investors Contact Broker for Pricing & Offering Details Investment Highlights Scarcity of Large Tracts in Cooper ISD Large contiguous parcels in Lubbock-Cooper ISD are increasingly rare. Demand for homes in this district consistently outpaces supply, making this a prime opportunity for developers to secure scale in one of the strongest school zones in West Texas. Premium Buyer Demand for Larger Lots The market is shifting toward 1/2-acre and 1-acre lots, with families seeking space, privacy, and flexibility for shops, pools, or outdoor living. These larger-lot subdivisions often command premium pricing and experience faster absorption compared to standard subdivision lots. Dual-Frontage Commercial Flexibility With frontage on CR 7700 and CR 2040, the property offers flexibility to carve out 15-20 acres of commercial pads for retail, office, or service-based tenants that support residential rooftops. These commercial tracts can generate higher per-square-foot returns while adding long-term value to the development. Path of Growth in South Lubbock South Lubbock is one of the fastest-growing corridors in the region, fueled by school demand, infrastructure improvements, and proximity to Loop 289. This property sits directly in that growth path, surrounded by ongoing residential and commercial expansion. Proven Absorption & Market Strength Nearby subdivisions in South Lubbock are averaging 15-20 lot sales per month, demonstrating strong buyer demand. Developers who deliver larger-lot product in Cooper ISD are well-positioned to outperform the market.
MLS# 202559544

Courtesy Of Reside Real Estate Co.

(806) 646-6423

Property Features

  • Lot Size
    300 Acres

Map and Directions

Directions to 17651 County Rd 2040, Lubbock, TX 79423
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Home seller CENTURY 21 Kearney & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Kearney & Associates

(806) 783-0020
Learn More About Us

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