Shallowater, TX 79363(Lubbock County)

Shallowater Development Property

Heres an opportunity for a savvy investor to get ahead of the curve and obtain 157.5+/- acres with a prime location and frontage along the future outer Loop 88 project just outside Shallowater along FM 179.

These properties have two separate owners. The properties can be purchased as a package or separately. The owner to the North has roughly 70.9+/- acres, and the owner to the South has roughly 86.6+/-. Both tracts are being offered at $9500/acre, which brings the 86.6+/- acre tract to $822,700, and the 70.9+/- acre tract to $673,550.

The properties are both currently leased on a 75%/25% crop share throughout the 2022 crop season.