We are delighted to present an exceptional investment opportunity in the thriving city of Lubbock, Texas. Situated within a designated Opportunity Zone, this 1.36 acre plot of prime commercial land presents the perfect canvas for franchisees, investors, and developers alike. Capitalize on this rare offering and join the rapidly growing community in Lubbock, a city known for its strong economic growth, diverse industries, and strategic location.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty LLC
Office Phone: (850) 577-9099
Listing Agent: Jonathan R Adkins
Lot Features
Lot Information:
Lot Size: 1.36 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lubbock, TX.
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:16:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,315
Per Month
Principal & Interest
$1,248
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$816
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Ervin Elementary School
1802 E 28th St
Distance between this listing and this school0.78 miles
Public Charter Grades PK-5
4
/10
Alderson Elementary School
219 Walnut Ave
Distance between this listing and this school1.15 miles
Public Charter Grades PK-5
2
/10
Harwell Elementary School
4101 Avenue D
Distance between this listing and this school1.97 miles
Public District Grades PK-5
Nearby Schools
3
/10
Dunbar Middle School
2010 E 26th St
Distance between this listing and this school0.58 miles
Public Charter Grades 6-8
9
/10
Rise Academy
207 N Martin Luther King Blvd
Distance between this listing and this school1.56 miles
Public Charter Grades PK-8
3
/10
O. L. Slaton Middle School
1602 32nd St
Distance between this listing and this school2.29 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
Margaret Talkington School for Young Women Leaders
415 N Ivory Ave
Distance between this listing and this school1.73 miles
Public Magnet Grades 6-12
1
/10
Estacado High School
1504 E Itasca St
Distance between this listing and this school2.08 miles
Public Magnet Grades 9-12
4
/10
Lubbock High School
2004 19th St
Distance between this listing and this school2.51 miles
The neighbors living near this home have an average income of $30,890. The majority of Lubbock, TX residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Martin Luther King Blvd
What is the listing price of this property?
The listing price of 0 Martin Luther King Blvd property is $250,000.
What type of property is this?
The property 0 Martin Luther King Blvd is land located in Lubbock, Texas, 79403.
Is this property for sale now?
Active Listing: 0 Martin Luther King Blvd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 0 Martin Luther King Blvd is 1.36 acres.
Interested in 0 Martin Luther King Blvd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Martin Luther King Blvd in Lubbock, TX and zip code 79403 in the Dunbar-Manhattan Heights neighborhood. This home sits on a 1.36 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $250,000.
Lubbock, TX housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. In November 2024 in Lubbock, TX there were 4.3% more homes for sale than in October 2024. In November 2024 median list price was $285,000 and the average listing age was 56 days.
From Rocket Homes Real Estate and based on county public records data.
Figure Skating
Figure Skating
Extreme Sports
NASCAR
Kmart
Academy Sports & Outdoors
Dollar General
Bob Evans
Little Caesars
Cracker Barrel
Buick
Chevrolet
Ram
Oldies
Country