406 F M 1585, Lubbock, TX 79423

$975,000
10
SqFt

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List Price
$975,000
MLS#
202601339
Status
ACTIVE
Type
Commercial
Living Area
10
Lot Size
217,800
County
Lubbock
City
Lubbock
Legal Description
BLK E SEC 18 AB 82 TR A5A AC: 1

Property Description

Future Loop 88 frontage and acquisition by TXDOT. 2,430 square foot house with 3 bedrooms, 2 bathrooms, an office, and 2 car garage. Really nice clean home with office or 4th bedroom. Home is currently leased @ $1525 per month. 5 bay metal building (4 open bays, one enclosed with door). 5 Acres. Currently has 13 RV spots @ $420 each. Small Livestock pens. Endless opportunities. See attached TXDOT acquisition map. TXDOT will purchase house and frontage acreage in near future. Near 100% occupancy at all times. Tenants pay electricity. Water provided to tenants via a water well.

Additional Information

Taxes
$3,633
Foundation
Pillar/Post/Pier, Slab

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Listing courtesy of Dannheim Realty.