new - 1 day on rocket

5520 126th St, Lubbock, TX, 79424

$1,499,000

8.05 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #202207856
Lot Size8.05 Acres
StatusActive

About 5520 126th St

8.05 acres on 126th between Slide and Frankford Avenue inside the new Loop 88. This is being offered as ready for development land and is still a county property on the tax roll. Property is highly desirable for multifamily townhome's, duplexes, or an apartment complex. We have also included basic format renderings for consideration of an office complex, multi-use warehouses or warehouses with stackyards.

Property Details

Property Features

Listing Office:

  • Office Name: Sutherland, REALTORS
  • Office Phone: (803) 765-0211
  • Listing Agent: Taylor Salley

Lot Features

Lot Information:

  • Lot Size: 8.05 Acres

Other

Directions Information:

  • Directions: Navigation will take you there.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000

Tax Information:

  • Annual Amount: $5,125
  • 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

5520 126th St vs Lubbock

1 DAY ON ROCKET

-55 Days

$1,499,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M 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: #202207856

Listing Office:

  • Office Name: Sutherland, REALTORS
  • Office Phone: (803) 765-0211
  • Listing Agent: Taylor Salley

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.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 12/4/2024, 2:15:54 AM 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$5,125$275,358
2019$3,775$206,972
2018$3,776$188,611
2017$3,141$170,770

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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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-3798356
8
/10
  • West Elementary School

  • 10101 Fulton Ave

  • 1.57 miles

  • Public District Grades PK-5

school-card-donut-3798357
6
/10
  • Central Elementary School

  • 4020 135th St

  • 1.95 miles

  • Public District Grades PK-5

school-card-donut-3798358
8
/10
  • Smith Elementary School

  • 8707 Dover Ave

  • 2.29 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,340. The majority of Lubbock, TX residents have income between $35k-100k annually. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5520 126th St

What is the listing price of this property?

The listing price of 5520 126th St property is $1,499,000.

What type of property is this?

The property 5520 126th St is land located in Lubbock, Texas, 79424.

Is this property for sale now?

Active Listing: 5520 126th St 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 $5,125 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5520 126th St is 8.05 acres.
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Rocket HomesTexasLubbock CountyLubbock794245520 126th St

This home is located at 5520 126th St in Lubbock, TX and zip code 79424. This home sits on a 8.05 acre lot. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $1,499,000.

While more than 0 listings in Lubbock, TX in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. Between October 2024 and November 2024, Lubbock, TX real estate market has seen increase in the number of listings by 4.3%. While the average time on the market in November 2024 was 56 days, the median list price was $285,000.

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

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