Estrada South II

For Sale

2627 Oak Avenue, Lubbock, TX 79404

This Lubbock property for sale is located at 2627 Oak Avenue. The current listed sale price for Estrada South II is $4,150,000. Estrada South II is situated on a lot that is 9.26 acre in size.

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 115,150 SF
  • Units 120
  • Lot Size 9.26 Acre
  • Year Built 2008
  • Date Updated Apr 4, 2025
Estrada S II is well positioned to absorb the future growth of Lubbock. Since 2022 multiple companies have chosen the east side of Lubbock as the destination for their future growth. Over the next ten years, companies located in east Lubbock are expected to create over 2000 jobs and invest over one billion dollars into their respective developments. For more information on all the major growth in Lubbock head over to https://lubbockeda.org/announcements/.Estrada S II is a 120 unit affordable housing development in Lubbbock,TX. This property is primed for repositioning being offered at an attractive basis with immediate upside. The apartments are comprised of one bedroom , two bedroom, and three bedroom floor plans. The property currently has a ground lease in place with the City of Lubbock with an initiative to offer affordable housing in the community. There is also a LURA in place with TDHCA.
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Highlights

  • Strategically positioned within 3 miles of the largest capital investment in Lubbock's history-Leprino Foods opening 2025.
  • No Property Taxes.

Getting around

  • 29/100

    Walk Score ®

  • 22/100

    Transit Score ®

  • 30/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lubbock, TX
  • Neighborhood Chatmans Hills
  • Zip Code 79404
  • Market Lubbock

Points of Interest

  • Alon

    1.15 miles

  • Phillips 66

    1.22 miles

  • Valero

    1.43 miles

  • Murphy Express

    1.49 miles

  • SPEC ChargePoint Station

    2.49 miles

  • Tesla Supercharger

    8.84 miles

  • Parking Garage

    1.93 miles

  • American State Bank Parking

    2.17 miles

  • City of Lubbock parking

    2.21 miles

  • Residence Hall Parking - Lot Z1

    3.30 miles

  • Goin' Band Practice Area

    3.30 miles

  • Lot R07

    3.35 miles

  • Budget Motel

    1.44 miles

  • Microtel Inn & Suites

    1.96 miles

  • Pioneer Pocket Hotel

    2.02 miles

  • Sunset Square

    2.06 miles

  • Howard Johnson by Wyndham Lubbock TX

    2.11 miles

  • Executive Inn

    2.27 miles

  • Cotton Court Hotel

    2.28 miles

  • Best Western Plus

    2.33 miles

  • Econo Lodge

    2.38 miles

  • Rodeway Inn

    2.42 miles

  • United Supermarkets

    2.09 miles

  • Walmart Supercenter

    2.75 miles

  • Food King

    3.27 miles

  • Jirani International Enterprise African Market

    3.33 miles

  • Mirch Masala Groceries & Kitchen

    3.39 miles

  • Amigos

    3.57 miles

  • Ross

    3.70 miles

  • Target

    4.15 miles

  • Market Street

    4.26 miles

  • United

    4.72 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

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