3002 N County Road 1640, Lubbock, TX, 79416
About This Home
Nestled on 19 acres, this versatile property offers the perfect blend of rural privacy and business potential. Accessed through a gated entrance, the property features a 960 sq. ft. apartment currently under construction, connected to a spacious 50 × 80 shop. The shop includes an office with a bathroom, and one side is set up as a party barn, ideal for gatherings and events. Fully fenced with a 5-strand perimeter fence, the property includes fenced pastures, a loafing shed, and multiple gates providing easy access throughout. The space is perfect for business use, with plenty of room to expand or build additional residential structures. Utilities are in place, with Optimum Fiber for high-speed internet, SPEC electric, a septic system, and three domestic wells-two of which are newly installed-ensuring reliable water access. Whether you're looking for a prime location for your business or a peaceful country retreat with room to grow, this property offers endless possibilities
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2020
Materials
- Foundation: Piers
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Heating & Cooling
- Heating features: Heat pump,Other
- Cooling features: Central
Interior Area
- Total interior livable area: 960 sqft
Property
Details
- Parcel number: R331077
Features
- Exterior features: Other,Metal
Lot
- Lot size: 19 Acres
Parking
- Parking features: Garage - Detached,Off-street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Strong Wind
- Tornado
- Cold Wave
- Drought
- Winter Weather
- Inland Flooding
- Ice Storm
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,415 | $16,980 |
| Home Insurance * | $333 | $3,996 |
| Property Taxes | $360 | $4,320 |
| Electricity | $238 | $2,859 |
| Total | $2,346 | $28,152 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-01 | Listed for sale | $280,000 |
| 2025-11-03 | Listing removed | $475,000 |
| 2025-09-22 | Price change | $475,000 |
| 2025-08-29 | Listed for sale | $499,000 |
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