7603 Alcove Avenue ## A-D, Lubbock, TX 79407
$1,100,000
Est. payment /mo
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21 Beds
12 Baths
9,752 SqFt
Active

7603 Alcove Avenue ## A-D Lubbock, TX 79407

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Key Details

Property Type Single Family Home

Sub Type Package Property

Listing Status Active

Purchase Type For Sale

Square Footage 9,752 sqft

Price per Sqft $112

MLS Listing ID 202561366

Bedrooms 21

Full Baths 12

HOA Y/N No

Year Built 1956

Annual Tax Amount $21,000

Lot Size 4.000 Acres

Acres 4.0

Property Sub-Type Package Property

Source Lubbock Association of REALTORS®

Property Description

Prime 4± acres on Alcove Ave with immediate access to US-82/62 (Marsha Sharp Fwy) in a fast-growing corridor. United Supermarkets is planned across the street, and Alcove Ave is scheduled to be widened, enhancing visibility and access. The property is currently improved with nine rental houses producing approximately \$8,450 per month, providing reliable income while you design and entitle your project. Surrounded by established retail and dining, this site is well-positioned for future retail pads, a neighborhood center, restaurants, or other service-oriented commercial uses. Redevelop on your timeline and let the existing cash flow carry the site until you're ready.

Location

State TX

County Lubbock

Area 7

Rooms

Basement Basement

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Private

Roof Type Composition

Building

New Construction No

Others

Tax ID R130706

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional


Listed by Progressive Properties

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Matt Wolfe

Matt Wolfe

Agent | License ID: 766624

+1(806) 601-1444

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7603 Alcove Avenue ## A-D