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5000 Gary Ave, Lubbock, TX, 79413

$595,000

1.93 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #202408241
Lot Size1.93 Acres
StatusActive

About 5000 Gary Ave

Come see this exceptional infill land opportunity off of 50th Street and Gary Ave. This 1.9-acre parcel offers prime real estate development potential. Located near Monterey High School, Market Street United Supermarket, Rosas Tortilla Factory, Sonic, a United States Postal Office and within a short drive of Texas Tech University and the hospital district. Currently zoned high density residential for mixed housing types, including townhouses, detached single-family garden homes, and low- to mid-rise apartments. Contact us today to explore this land offering in the rapidly developing Lubbock market.

Property Details

Property Features

Listing Office:

  • Office Name: Williams & Company Real Estate
  • Office Phone: (850) 386-2225
  • Listing Agent: Dan Williams

Lot Features

Lot Information:

  • Lot Size: 1.93 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000

Tax Information:

  • Annual Amount: $4,492
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lubbock, TX.

Med. Sold Price

$285K

Med. Price/SqFt

$135

Avg. Days On Market

56

# of Sold Homes

244

5000 Gary Ave vs Lubbock

40 DAYS ON ROCKET

-16 Days

$595,000

+$310K More

KEY TAKEAWAY

This property is $310K more than the Median Sold Price in Lubbock, TX.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: Lubbock
  • MLS Number: #202408241

Listing Office:

  • Office Name: Williams & Company Real Estate
  • Office Phone: (850) 386-2225
  • Listing Agent: Dan Williams

Copyright © 2024 Lubbock Association of REALTORS®. All rights reserved.

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.


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Last updated on: 12/22/2024, 12:16:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,492$209,743
2019$4,708$209,743
2018$4,709$209,743
2017$4,721$209,743

History based on county public records data.

Payment Calculator

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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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.

Nearby Schools

school-card-donut-973897
3
/10
  • Parsons Elementary School

  • 2811 58th St

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-973898
3
/10
  • Wheelock Elementary School

  • 3008 42nd St

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-973899
9
/10
  • Maedgen Elementary School

  • 4401 Nashville Ave

  • 0.89 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,188. Residents of Lubbock, TX typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5000 Gary Ave

What is the listing price of this property?

The listing price of 5000 Gary Ave property is $595,000.

What type of property is this?

The property 5000 Gary Ave is land located in Lubbock, Texas, 79413.

Is this property for sale now?

Active Listing: 5000 Gary Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,492 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5000 Gary Ave is 1.93 acres.
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Rocket HomesTexasLubbock CountyLubbock794135000 Gary Ave

This home is located at 5000 Gary Ave in Lubbock, TX and zip code 79413 in the Caprock neighborhood. This home sits on a 1.93 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $595,000.

In November 2024, from all listings sold in Lubbock, TX there were more than 0 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Lubbock, TX increased by 4.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $285,000, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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