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1312 Texas Ave
Lubbock, TX 79401
Office Property For Sale
Executive Summary
**1312 Texas Ave, Lubbock, TX 79401 – Prime Downtown Office Building for Sale**
**$1,100,000** (~$84.62 per square foot)
Exceptional 13,000 SF two-story office building located on a prime block in the heart of downtown Lubbock, with convenient on-site parking and steps from the Lubbock County Courthouse. Positioned in one of Texas’s fastest-growing urban cores, this property benefits from strong visibility, accessibility, and significant long-term upside as downtown Lubbock continues its rapid transformation into a vibrant, booming destination.
Just **0.2 miles** away, the new **Pickering Park**—a $12 million public green space currently under development—will soon feature open lawns, a multi-use stage, interactive zones, and year-round event programming, driving increased foot traffic and enhancing the area’s appeal.
The building has undergone high-quality renovations throughout both floors, delivering modern, professional, and move-in-ready spaces with strong income characteristics.
- **Ground floor**: Divided into two distinct office suites, offering flexible tenant configurations or multi-tenant potential
- **Upper floor**: Extensively updated with premium finishes, multiple conference rooms, a full kitchen, and an efficient layout ideal for professional services or collaborative teams
**Key Investment Highlights:**
- Sale Price: **$1,100,000** (~$84.62/SF)
- Total building size: 13,000 SF (two stories)
- Fully renovated interiors on both levels
- Immediate courthouse adjacency
- Strong downtown growth momentum
- Only 0.2 miles from emerging Pickering Park
A rare opportunity to acquire a well-maintained, income-producing office asset in Lubbock’s evolving urban center. Contact for complete leasing details, financials, and showing instructions.
**$1,100,000** (~$84.62 per square foot)
Exceptional 13,000 SF two-story office building located on a prime block in the heart of downtown Lubbock, with convenient on-site parking and steps from the Lubbock County Courthouse. Positioned in one of Texas’s fastest-growing urban cores, this property benefits from strong visibility, accessibility, and significant long-term upside as downtown Lubbock continues its rapid transformation into a vibrant, booming destination.
Just **0.2 miles** away, the new **Pickering Park**—a $12 million public green space currently under development—will soon feature open lawns, a multi-use stage, interactive zones, and year-round event programming, driving increased foot traffic and enhancing the area’s appeal.
The building has undergone high-quality renovations throughout both floors, delivering modern, professional, and move-in-ready spaces with strong income characteristics.
- **Ground floor**: Divided into two distinct office suites, offering flexible tenant configurations or multi-tenant potential
- **Upper floor**: Extensively updated with premium finishes, multiple conference rooms, a full kitchen, and an efficient layout ideal for professional services or collaborative teams
**Key Investment Highlights:**
- Sale Price: **$1,100,000** (~$84.62/SF)
- Total building size: 13,000 SF (two stories)
- Fully renovated interiors on both levels
- Immediate courthouse adjacency
- Strong downtown growth momentum
- Only 0.2 miles from emerging Pickering Park
A rare opportunity to acquire a well-maintained, income-producing office asset in Lubbock’s evolving urban center. Contact for complete leasing details, financials, and showing instructions.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,866 SF
Building Class
B
Year Built
1962
Price
$1,100,000
Price Per SF
$101.23
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,433 SF
Building FAR
1.66
Lot Size
0.15 AC
Opportunity Zone
Yes
Parking
6 Spaces (0.55 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R113381 | Improvements Assessment | $617,250 |
| Land Assessment | $22,750 | Total Assessment | $640,000 |
Property Taxes
Parcel Number
R113381
Land Assessment
$22,750
Improvements Assessment
$617,250
Total Assessment
$640,000
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