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Land for Sale in Lubbock, Texas

3501 Parkway Dr, Lubbock, TX 79403

$39,900
2 acres
Active
ago
Est $327/mo

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
Elevation
3,198 feet
Coordinates
33.5997, -101.7954

Property details

Acreage
1.93 acres
MLS #
LAOR 202601449
Posted

Parcels

  • R63308

Legal description

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Structure

Sewer
Public Sewer

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
AldersonElementary
Dunbar College Preparatory AcademyMiddle
EstacadoHigh

Listing history

DateEventPriceChangeSource
Feb 2, 2026New listing$39,900LAOR
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This 1.93-acre property is located at 3501 Parkway Dr in Lubbock, TX 79403. The property is available for sale for $39,900 with a price per acre of $20,674.

Checked 1 hour ago — Updated

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Copyright (C) 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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