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355 Acres in Shallowater, TX - $5,680,000

BACK ON THE MARKET! Opportunity of a life time! Land located in the future path of Loop 88, with approximately 26.4 acres to be acquired by TxDot's right-of-way acquisition. Will have outstanding Loop 88 frontage, (approx. 3,200 ft). Property currently has great county road frontage all around:

4,879 ft of CR 1300 frontage

1,668 ft of paved FM 2641 frontage

5,111 ft of CR 6300 frontage

1,478 ft of CR 1200 frontage.

Fantastic water with 9 wells and drip irrigation with the ability to push 1,100 gpm to any of the three portions of the farm. Located 2.75 miles from Shallowater city limits and 3 miles from Lubbock city limits. Farming lease potential will make the owner a good return. With TxDot buying land by the sqft, this is the perfect future opportunity to make an excellent return on investment. This is like buying West End outside of W. Loop 289 in 2010!

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Veritas Real Estate Company

License #628220

Lubbock, TX

(806) 666-6502

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Veritas Real Estate Company, (806) 666-6502
Listing last updated: June 27, 2022 at 1:41 PM
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