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15104 University -1
Lubbock, TX 79423
The Reserve at Dunn Mill · Land For Sale · 67.60 AC
Investment Highlights
- Opportunity to purchase 28 lots for immediate development at a discounted package price.
- Utilities for Entire Development in Close Proximity. Septic systems required.
- Located in the highly-desirable Lubbock Cooper Independent School District.
- Additional development land of 43.3 acres and 10.3 acres is available for Single Family Residential.
- Engineering and Preplats for Additional Development is available for use by purchaser.
- LCISD has the planned opening of their 6th elementary school campus just east of University in 2028.
Executive Summary
Utility extensions have been made to the site and the development site is located in the Lubbock Cooper Independent School District. A recent bond election resulted in the planned construction of LCISD's sixth elementary school, scheduled for completion in 2028 on 152nd Street, just to the east of University Avenue. Other residential subdivisions in the area around the offering include Allen Farms, Bell Farms, Timber Ridge, Cooper Ranch, Indiana South, Kelsey Park, and Viridian.
PROPERTY FACTS
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 67.60 AC |
| Property Type | Land | Cross Streets | 151st Street |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 67.60 AC |
| Cross Streets | 151st Street |
1 Lot Available
Lot 3
| Price | $4,238,000 | Lot Size | 67.60 AC |
| Price Per AC | $62,692 |
| Price | $4,238,000 |
| Price Per AC | $62,692 |
| Lot Size | 67.60 AC |
The Reserve at Dunn Mill provides a developer the opportunity to purchase ready-to-build on Single Family Residential half acre lots and an opportunity to complete the development of an additional 10.3-ac tract of land and a 43.3-ac tract of land.
Description
The Reserve at Dunn Mill provides a developer the opportunity to purchase ready-to-build on Single Family Residential half acre lots and an opportunity to complete the development of an additional 11.8-acre tract of land and a 43.3-acre tract of land where pre-platting and engineering work has already been completed by the Seller. Utility extensions have been made to the site (septic systems required) and the development site is located in the Lubbock Cooper Independent School District. A recent bond election resulted in the planned construction of LCISD's sixth elementary school, scheduled for completion in 2028 on 152nd Street, just to the east of University Avenue. Other residential subdivisions in the area around the offering include Allen Farms, Bell Farms, Timber Ridge, Cooper Ranch, Indiana South, Kelsey Park, and Viridian.
PROPERTY TAXES
| Parcel Number | R338125 | Improvements Assessment | $0 |
| Land Assessment | $15,703 | Total Assessment | $15,703 |
PROPERTY TAXES
zoning
| Zoning Code | SF-2 (Low Density Single Family Residential) |
| SF-2 (Low Density Single Family Residential) |
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