1812 Avenue R

$384,900
Price
30,492 / 0.7
Lot Size / Acres

Description

Prime development opportunity in the heart of Lubbock! This property at 1812 Avenue R offers a ready-to-develop site ideal for investors and builders seeking a strong location for multifamily, hospitality or residential development. The site is situated in a growing area with close proximity to Texas Tech University, downtown Lubbock, and major employment and retail corridors. With utilities nearby and easy access to key transportation routes, this property provides an excellent foundation for a...Prime development opportunity in the heart of Lubbock! This property at 1812 Avenue R offers a ready-to-develop site ideal for investors and builders seeking a strong location for multifamily, hospitality or residential development. The site is situated in a growing area with close proximity to Texas Tech University, downtown Lubbock, and major employment and retail corridors. With utilities nearby and easy access to key transportation routes, this property provides an excellent foundation for a multifamily community, townhome project, or mixed-use concept. Whether you're an experienced developer or new to the market, this site combines location, accessibility, and potential—making it a standout choice for your next project. This property comes with a NNN 3 year lease that provides you income of $1750/month + ancillary income of $1750/year with the existing billboard lease. This makes for an ideal investment since you are collecting cash flow day 1. Property is ideally located and definitely in the path of progress on the 19th St corridor. This property is less than 3 miles away from the main focal point of Lubbock, Texas Tech University. Property Overview Address(s): 1808-1812 19th Street, Lubbock, TX & 1814 Avenue R, Lubbock, TX The structure on 19th Street sits on a compact commercial lot; the Avenue R parcel is deeper and offers expansion or buffer opportunity. Situated in Lubbock's urban core, the site benefits from street frontage, vehicular visibility, and connectivity to nearby commercial corridors and residential density. Key Features & Strengths Built-in Presence + Land Scalability: The existing structure on 19th Street can generate immediate occupancy or lease income, while the blank land parcel offers room for development. Seller has existing plans for Multifamily project. Because the parcels straddle 19th Street and Avenue R, they provide frontage, ingress/egress flexibility, and multiple access possibilities. 19th Street is an established traffic artery; any retail or service business would enjoy exposure to both vehicular and pedestrian flow. This listing is the same as MLS: 202562176 - this includes Land listing as well. Total price is $450,000.00
  1. Listed by Josh Urias • TREC #0677953 • Wise Cardinal Realty
    P: (806)-332-4434 C: (806)-332-4434 josh@wisecardinalrealty.com
LISTING UPDATED: 12/15/2025 04:13 PM

Property Details for 1812 Avenue R

StatusActive
MLS #202562458
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Package Property
Year Built-
Lot Size0.70 AC
CountyLubbock County

Location

Listing Courtesy of Wise Cardinal Realty
Add your commute

Building Information for 1812 Avenue R

Lot Size0.70 AC

Payment Calculator

$1,906 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,902

Property Taxes

$4

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1812 Avenue R

Summary
Location and General Information
  • Directions: Property is located on North side of 19th and West of Ave R.
  • Zoning Description: Multi-Family
  • MLS Area Major: 1
  • Latitude: 33.578259
  • Longitude: -101.856585
  • MLS Area Minor: 1
  • Unparsed First Line Address: 1812 Avenue R
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: OVERTON BLK 18 S45'OF L 5 &N/2 OF 6
School Information
  • District High School: Lubbock ISD
Property
Lot Information
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 30492.0
  • Lot Size Acres: 0.7
  • Lot Size Area: 0.7
  • Lot Size Units: Acres
Property and Assessments
  • Parcel Number: R138335
  • Property Type: Land
  • Property Sub Type: Package Property
Interior and Exterior Features
Interior Features
  • Total Bathrooms Source: MLS
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
Agent
Sale and Listing
  • Sold Exclusive: No
  • Listing Number: 202562458
  • Current Price: $384,900.00
  • Property Class: Land

Property History for 1812 Avenue R

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Price Change

LARMLS #202562458

$384,900
Dec 15, 2025

Price Change

LARMLS #202562458

$374,900
Nov 7, 2025

Price Change

LARMLS #202562458

$399,999
Oct 30, 2025

Listed (Active)

LARMLS #202562458

$450,000
DateEvent & SourcePrice
12/15/2025

Price Change

LARMLS #202562458

$384,900
12/15/2025

Price Change

LARMLS #202562458

$374,900
11/07/2025

Price Change

LARMLS #202562458

$399,999
10/30/2025

Listed (Active)

LARMLS #202562458

$450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1812 Avenue R

Taxable ValueLand$22,600Additions-Total$22,600
Tax Record2024$50 ($4 / month)
Home Facts
Beds0Lot Size10,148 SqFtStyleResidentialZoning0038CountyLUBBOCKAPNR138335

Schools near 1812 Avenue R

This home is within Lubbock Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Ramirez Charter School
PublicPK to 5

Hutchinson Middle School
Public6 to 8

Lubbock High School
Public9 to 12

Dupre Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1812 Avenue R is a 0.7 ac of land for sale in Lubbock, TX 79401. This property was listed for sale on October 30, 2025 by Wise Cardinal Realty, it's currently listed at $384,900. This listing's school district is Lubbock Independent School District. Nearby schools include Ramirez Charter School, Hutchinson Middle School and Lubbock High School. 1812 Avenue R is a 0-bed, 0-bath, 0.7 ac of land on a 30,492 sq. ft. / 0.7 acres lot.

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Listing Courtesy of Wise Cardinal Realty

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.