3-Acre Lot | New Home, Texas | New Home ISD Strong investment opportunity in one of the most consistent small-acreage markets on the South Plains. Lot 2 has a residential well pumping 16 gpm. 3-acre lot located less than two miles from New Home ISD, an area with proven demand for new construction and limited lot availability. New Home continues to attract buyers seeking space, quality schools, and proximity to Lubbock—making it a reliable location for spec homes, barndominiums, and shop-heavy rural builds. Three-acre lots hit the sweet spot for end buyers: manageable acreage, lower build costs, and strong resale appeal. Ideal for builders and investors looking for quick absorption, flexible build options, and solid margins. Small lots near New Home schools historically move faster than larger acreage and remain in short supply. Clean, build-ready land in a high-demand pocket—positioned for a fast turnaround.