$248,137Average Value$136Average Price per Sq Ft10Homes For Sale
Residents of Preston Smith enjoy large homes surrounded by dense old growth trees.
Walkable south Lubbock neighborhood fit for families
Named after former Texas Governor and Lubbock entrepreneur Preston Smith, the eponymous neighborhood is backed by a neighborhood school and a park that offers convenience and community for families. “It’s in the Lubbock ISD (independent school district) so it has a little bit lower taxes, it has some schools right there in the neighborhood, and a very nice large park with a pond, and prices are in the median range,” says Cindy Harrison, a Realtor with Texas Real Estate Group. Sitting in between the higher priced Lakeridge Country Club to the east and the Regal Park to the west, Preston Smith has homes at lower price points that track the average for Lubbock and are competitive for first-time home buyers and families in a walkable neighborhood lined with mature trees and well manicured sidewalks. “It’s a big attraction for families,” Harrison adds.
Greenspace and walkability set the tone
Phil Hoel Park sits right in the center of the neighborhood and is known for its meandering walking paths that encircle a large pond known as a quiet spot to cast a fishing line. It is also home to numerous species of birds who wander along the shore. For more active fun, Hoel Park also has tennis courts and a playground. Just east of Preston Smith, LakeRidge Country Club hosts one of Lubbock’s finest golf courses and also features a junior Olympic sized pool, a clubhouse and tennis courts. Jan Jennings Park sits just north of the neighborhood, extending from 82nd Street north to 73rd Street with an open field, walking paths and a pond.
Locals love fishing in the Phil Hoel Park.
LakeRidge Country Club is located next to Preston Smith, so residents can easily enjoy golfing.
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Homes built for a family
Homes in Preston Smith are mostly a collection of ranch-style and Bungalow constructions with most built in the 80s and 90s. Preston Smith has properties built to raise a family and homes will typically have at least three bedrooms and around 1,500 square feet and two bathrooms with driveways and attached garages common. A single-family home is usually priced between $200,000 and $350,000, far cheaper than neighboring LakeRidge County Club or Regal Park. The neighborhood has a few newer builds on the northern and southern edges.
Bungalows can be found throughout the neighborhood of Preston Smith.
Owners take great pride in maintaining their homes in Preston Smith.
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Lubbock Independent School District
Students begin at Preston Smith Elementary School, rated A-minus on Niche. The school sits within walking distance for many families and is backed by an active parent teacher association and has a community garden where students learn about different ecosystems while growing delicious vegetables. Students move on to Irons Middle School and Coronado High School, rated B-minus and B respectively.
Smith Elementary School challenges students by offering an all-encompassing curriculum.
Irons Middle School challenges students by offering an all-encompassing curriculum.
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Local family owned cuisine
Preston Smith sits close to the 82nd Street retail corridor with an abundance of shopping and dining options to choose from. Since 1973 Stella’s Restaurant has been bringing New York style Italian cuisine right to the table. Originally started in New York, the local favorite has been in Lubbock since the late 80s with its blend of inspired menu items with a West Texas twist. Picoso’s Mexican Kitchen prides itself on being embedded in the Lubbock community, investing in their staff and giving back. Voted one of Lubbock’s best new restaurants, Picoso’s has classic street style tacos and a variety of tasty combinations with traditional flavors. For everyday shopping, United Supermarkets sits just north of the neighborhood.
Locals can enjoy delicious seafood pasta at Stella's Restaurant near Preston Smith.
Picoso's Mexican Kitchen near Preston Smith offers authentic Mexican-style food for locals.
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Loop access keeps residents in reach of downtown
Preston Smith is about 10 miles south of downtown Lubbock with access available via US-82 and Loop 289. For those without a vehicle, the nearest Citibus stop is about a mile outside the neighborhood on 82nd Street and Slide Road.
Residents of Preston Smith can easily commute using Loop 289.
Locals might take advantage of using the bus for their commute in Preston Smith.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Nick Simpson,
an experienced agent in this neighborhood.
Parks in this Area
Phil Hoel Park
Crime and Safety
1 - Low Crime, 10 - High Crime
Preston Smith
US
Homicide
2
4
Sexual Assault
3
4
Assault with Weapon
2
4
Robbery
2
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
4
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Preston Smith, Lubbock sell after 44 days on the market compared to the national average of 47 days. The average sale price for homes in Preston Smith, Lubbock over the last 12 months is $244,470, down 4% from the average home sale price over the previous 12 months.
Beautifully updated and full of charm, this 3-bedroom, 2-bathroom Lubbock gem blends refreshed design with natural touches. Enjoy a bright, open layout featuring a fully renovated kitchen, stylish finishes like exposed brick, and custom indoor planters that bring the outdoors in. Spacious bedrooms, updated bathrooms, and thoughtful details throughout make this home truly one of a kind. Don't miss
The Meadows area, classy home with so many updates you just have to view.3~2~2 home with a large living area with a nice cozy fireplace, Isolated large master bedroom with walk-in shower. Large Laundry room is to die for, so much storage! Kitchen has all new cabinet remodel and Plenty of storage. Nice serving island and cutting board. Shop in back yard. Call for private viewing. Alot of
Looking for a well built home with plenty of room, a great backyard, a lovely, well established neighborhood on an excellent block? Look no further! This pretty 3 bedroom, 2 bath home with 2 living areas and a large kitchen has been loved well by its previous owner and is ready for a new owner to come make it your own!
The perfect fixer-upper! This 3/2/2 with a basement in Chaparral is the perfect home for a facelift. The living room is spacious with a corner brick fireplace, the kitchen has plenty of counter and cabinet space, isolated master suite, and the basement can be used as a bonus room. Let this home be your new project!
Granite countertop in kitchen. Stainless steel refrigerator and range. Bonus formal dining room/home office in addition to dine-in kitchen space. Lubbock ISD, sprinkler system, granite counter and tile backsplash. This home has a really good floorplan, 2 spacious bathrooms and 3 bedrooms. There is a fireplace in the living room, formal dining, adorable patio for coffee. Laundry room with storage
Privately owned and operated! This amazingly remodeled 3/2/2 down the street from Preston Smith Elementary is available now! This home has a great floor plan with an isolated master, large living room with wet bar and fireplace, formal dining room, and a spacious backyard with a covered patio and storage building. The home is complete with a full kitchen and bathroom remodel with granite and
Beautiful home in the meadows in walking distance to the park. Large kitchen, and utility room. Plantation shutters, beautiful yard with storage building.
Interested in learning more about homes in this area?
Reach out to
Nick Simpson,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
4,938
Median Age
41
Population Density
8 ppl/acre
Population under 18
23%
On par with the national average
23.8%
Population over 65
23.1%
On par with the national average
19.1%
Finances
Median Household Income
$71,029
On par with the national average
$71,702
Average Household Income
$91,818
Education and Workforce
High School Graduates
89.8%
College Graduates
47.2%
Above the national average
34.1%
Advanced Degrees
15.3%
% Population in Labor Force
76.1%
Above the national average
65.1%
Weather
Annual Precipitation
19''
Average Winter Low Temperature
27°F
Average Summer High Temperature
94°F
Annual Snowfall
7''
Area Factors
Somewhat Bikeable
Bike Score®
34/ 100
Car-Dependent
Walk Score®
23/ 100
Minimal Transit
Transit Score®
0/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
