16706 Texas 493 Loop

The Multifamily Group is pleased to present 12.5+ acres of prime, developable

land in the rapidly growing southeast corridor of Lubbock, Texas.

Situated just south of Highway-87 and outside of city limits (OCL), the

property offers exceptional flexibility for future development. Featuring 

approximately 1,300 feet of direct frontage along Highway-87, the site

benefits from strong visibility and convenient access to major employment,

retail, and educational hubs throughout Lubbock.

• Recently Appraised for $1,500,000 (Appraisal Available Upon Request)

• $88,244 Median Household Income - 5-Mile Radius* (Yardi)

• 1,300’ of Direct Frontage off Highway-87 with 17,000 Vehicles Passing Per Day

• Access to A-Rated Cooper ISD Schools (Niche)

• Positioned Outside City Limits (OCL) with Flexible Development Potential

• Strong Demand Drivers from Texas Tech University, University Medical

Center, Covenant Health & Medical District Employment