Land for Sale in Lubbock, Texas
3501 Parkway Dr, Lubbock, TX 79403
Prime Investment Opportunity - Acre and a Half on Parkway Drive Don't miss this chance to own a highly visible 1.5-acre parcel on Parkway Drive, split into two separate legal parcels, offering flexible development or resale options. This property includes a billboard currently situated on the 1-acre tract-the billboard lease is up for renewal and can be renegotiated or removed, depending on the buyer's preference. With comparable properties in the area listed around $3.25 per square foot, this property is priced to sell fast at just $1.00 per square foot, making it an exceptional opportunity for investors or business owners looking for high-traffic frontage at a competitive price. Whether you're considering new construction, land banking, or commercial redevelopment, this property checks all the boxes.
Location
- Street address
- 3501 Parkway Dr
- County
- Lubbock County
- Elevation
- 3,209 feet
Property details
- Acreage
- 1.5 acres
- MLS #
- LAOR 202558051
- Posted
Property taxes
- Recent
- $152 - BLK A SEC 3 AB 83 TR 6D1
Parcels
- R63308
Legal description
BLK A SEC 3 AB 83 TR 6D1
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Structure
- Sewer
- Public Sewer
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Water | Public | Available | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Alderson | Elementary | — | — |
| Dunbar College Preparatory Academy | Middle | — | — |
| Estacado | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 17, 2025 | Price drop | $47,000 | $6,750 -12.6% | LAOR |
| Oct 28, 2025 | Price drop | $53,750 | $6,000 -10% | LAOR |
| Oct 13, 2025 | Price drop | $59,750 | $5,275 -8.1% | LAOR |
| Sept 3, 2025 | Price drop | $65,025 | $11,475 -15% | LAOR |
| Aug 4, 2025 | Price drop | $76,500 | $13,500 -15% | LAOR |
| July 21, 2025 | New listing | $90,000 | — | LAOR |