1050 Hawk Ln - The Palms at Kitty Hawk 84 Acres of Commercial Land Offered at $2,100,000 in New Home, TX 79381

INVESTMENT HIGHLIGHTS

  • 84 acre rural residential development tract located in Lynn County, Texas.
  • The site is located approximately 3 miles north of New Home, TX and 4 miles south of Lubbock city limits on FM 1730 (Slide Road).
  • Excellent underground water for wells and septic tanks required.
  • The Palms at Kitty Hawk is located in the highly-desirable New Home Independent School District.
  • All pre-engineering plans and pre-platting materials will be transferred to the purchaser upon closing.
  • Strip paving allowed in rural subdivision.

EXECUTIVE SUMMARY

84 acre tract of land located in Lynn County, Texas, The Palms at Kitty Hawk provides a developer with the opportunity to develop Phase 2 of the popular The Palms at Kitty Hawk rural subdivision. The offering has been pre-engineered and a preplat has been prepared for development for approximately 46 1 acre to 1.5+ acre tracts for residential development. The site features strong groundwater availability for wells and septic systems will be required for home construction. As a rural subdivision, strip paving will be allowed for street construction and curb and gutter will not be required. All of the engineering and pre-plat work will be transferred to the purchaser upon closing.

PROPERTY FACTS

Price $2,100,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Lot Size 84.00 AC
Zoning SFR - Single Family Residential

1 LOT AVAILABLE

Lot

Price $2,100,000
Price Per AC $25,000.00
Lot Size 84.00 AC

DESCRIPTION

84 acre tract of land located in Lynn County, Texas, The Palms at Kitty Hawk provides a developer with the opportunity to develop Phase 2 of the popular The Palms at Kitty Hawk rural subdivision. The offering has been pre-engineered and a preplat has been prepared for development for approximately 46 1 acre to 1.5+ acre tracts for residential development. The site features strong groundwater availability for wells and septic systems will be required for home construction. As a rural subdivision, strip paving will be allowed for street construction and curb and gutter will not be required. All of the engineering and pre-plat work will be transferred to the purchaser upon closing. The Palms at Kitty Hawk is a rural subdivision located on FM 1730 (Slide Road) between Lubbock and New Home, Texas and is located in Lynn County, Texas. The subdivision is approximately three miles north of New Home and approximately 4 miles to the south of the Lubbock city limits. New Home School is a highly rated, public school with 588 students in grades PK, K-12 with a student-teacher ratio of 12 to 1 and is a growing school district as Lubbock keeps expanding to the south and families search for a smaller rural community and school district.

PROPERTY TAXES

  • Listing ID: 29833627

  • Date on Market: 10/19/2023

  • Last Updated:

  • Address: 1050 Hawk Ln, New Home, TX 79381