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. 

location with loop
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