FUTURE LOOP 88 LAND OPPORTUNITY

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 (see below). 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 based on recent production approximately $80,000/yr. With TxDot buying land by the sqft, this is the perfect future opportunity to make an excellent return on investment. 

 
 
measurements
overhead
location with loop
shallowater
txdot schematic
loop88 frontage

Property Details:

  • 355 (+/-) acres 

  • Approx. 26.4 ac (1,149,984 sqft) of TxDot Loop 88 ROW Acquisition

  • 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 

  • South Plains Electric available on 3 sides of property

  • Drip Irrigation  on ~344 acres

  • 9 wells, between 190-200ft deep

  • 3 drip control centers, able to push upwards of 1,100 gpm

  • Owner production participation income upwards of $80,000/yr

  • Shallowater ISD

  • $16,000/acre or $5,680,000

Offering Packet Coming Soon