Catylist ID: #30767348
New Home, TX - Residential Land - 116 AC
Vacant Land for Sale
|Catylist Listing ID:||30767348|
|Property Subtypes:||Multi-Family, Residential (Single Family)|
|Gross Land Area:||116.43 Acres|
|Unit Price:||$13,742 Per Acre|
|Sale Terms:||Cash to Seller, Purchase Money Mortgage, Other|
Overview / Comments
Located just north of New Home, TX on the east side of Main Street.
New Home is a growing small community with a great school system. Since 2000, New Home’s population, average home value and average income has more than doubled. Being one of the only penetrating roads through FM 41, the southern growth from Lubbock is naturally funneled down Slide Road to New Home. This natural growth has fueled many new subdivisions such as The Palms, Broadview Estates, Nora West, Ranchland Estates, Brooke Manor and Gill Estates. The school system has maintained an A rating with zero dropouts and 100% graduation over the last four years. Additionally, New Home scores higher on SAT/ACT testing than the state average. This large development tract of land located in north New Home is ideal and ready for residential, high-density and affordable housing developments.
A portion of this property is in the floodplain.
Attachments & Media
Beau Tucker CCIMColdwell Banker Commercial Capital Advisors West Texas CIE Member
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