$102,393Average Value$459Average Price per Sq Ft3Homes For Sale
East Lubbock neighborhood with growth potential
Parkway-Cherry Point was traditionally known as a working-class neighborhood in northeast Lubbock with modest homes. As the city grew, new challenges presented a new trajectory. "This neighborhood is one of the few within the Loop that is actually growing at a moderate pace," says Wilson Bowling, Neighborhood Planner for the City of Lubbock. With a lot of open land and opportunities, developers began to notice. The neighborhood has a selection of affordable homes with more in the works. The area is backed by two major thoroughfares and Mackenzie Park, the city's flagship park. Just outside the neighborhood in east Lubbock Leprino Foods is constructing a $1 billion cheese plant, which will be a game changer for the economy of Parkway-Cherry Point and for Lubbock as a whole, adding jobs and new tax revenue. "It's ripe for opportunity if opportunity would take a look and give it a shot," Bowling says.
Parkway-Cherry Point is a growing neighborhood within Lubbock’s Loop.
Tree-lined streets and community charm define Parkway Cherry-Point in Lubbock.
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Endless green space and prairie dog companions
On the neighborhood's west side, Mackenzie Park is one of the city's most extensive parks. Formerly a state park, it sits on more than 200 acres where visitors can enjoy the day on horseback with equestrian trails, a disc golf course and a dog park. Also on Mackenzie Park grounds, the 36-hole Meadowbrook Canyon Creek Golf Club will soon be taken over by the city, where plans are in place for a revamp. "Truly one of the best places in Lubbock is right on the periphery of this neighborhood," Bowling says. At Prairie Dog Town, visitors can get close to some of Lubbock's animal neighbors. Created in 1935, the burrows served as a sanctuary for the black-tailed prairie dog under threat from a government extermination program.
Prairie Dog Town offers visitors a chance to watch prairie dogs up close.
Mackenzie Park’s serene lakes offer residents a peaceful spot for fishing.
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Limited shopping options in Parkway-Cherry Point
One of the biggest challenges for Parkway-Cherry Point is the need for more shopping. While the neighborhood has a United Supermarkets for daily items and a couple of smaller plazas, residents may have to go outside the neighborhood to find more restaurants and other shopping needs. Polibertos Taco Shop has a rich menu of Mexican favorites, from breakfast burritos to chimichangas. The TJ Patterson Branch Library sits right in the neighborhood, named after the city's first black city council member. The FiberMax Center for Discovery museum tells the history of agriculture and Lubbock's agricultural heritage. The museum has a children's section and several interactive exhibits.
Poliberto's Taco Shop in Parkway-Cherry Point offers friendly service and popular drive-thru.
Parkway-Cherry Point residents love to get their grocery at United Supermarkets.
Beyond Business Boutique is a hidden gem in Parkway-Cherry Point, offering high-quality items.
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One-story Bungalows and affordable housing opportunities
Homes in Parkway-Cherry Point are primarily single-story bungalows, built in the last ten years. Some homes are also used as rental properties, and others are available for first-time buyers through affordable housing programs. Kings Dominion, a subdivision created by Lubbock's community development corporation, provides affordable housing opportunities with income guidelines for qualified buyers. Habitat for Humanity is also building a community with an estimated 100 homes and another affordable housing community planned for north of Estacado High School. With so much open land and development, smaller residential developers are taking notice. "They know that area is growing, and they're jumping in," Bowling adds. Homes here are usually priced between $100,000 and $200,000.
Parkway-Cherry Point's homes bring a timeless appeal to the neighborhood.
Parkway-Cherry Point’s single-story bungalows is perfect for first-time homebuyers and families.
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Lubbock Independent School District
Students in Parkway-Cherry Point attend Lubbock Independent School District, beginning at Alderson Elementary School before moving on to Dunbar College Preparatory Academy, both rated C-plus on Niche, and finishing off at Estacado High School, rated B-minus. Dunbar College is the former Dunbar High School, the first high school for Black students in Lubbock, opening in 1923. The neighborhood is also home to the Talkington School for Young Women Leaders, an all-girls high school rated A-plus, and Rise Academy, a private charter school rated B-minus.
Alderson Elementary School is a highly rated elementary in Lubbock.
Dunbar College Preparatory Academy Choral program strives youth to become great leaders.
Estacado High School is a 4A public high school serving grades 9 through 12 in Lubbock.
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Marsha Sharpe Freeway and MLK Jr. Drive connect downtown Lubbock
One of the biggest challenges for Parkway-Cherry Point is the need for more shopping. While the neighborhood has a United Supermarkets location for daily items and a couple of smaller plazas, residents may have to go outside the neighborhood to find what they need. Polibertos Taco Shop has a rich menu of Mexican favorites, from breakfast burritos to chimichangas. The TJ Patterson Branch Library sits right in the neighborhood, named after the city's first black city council member. The FiberMax Center for Discovery museum tells the history of agriculture and Lubbock's agricultural heritage. The museum has a children's section and several interactive exhibits.
If Parkway-Cherry Point doesn't have it all, Downtown Lubbock is only 4 miles away.
With affordable housing options, Parkway-Cherry Point is perfect for first time homeowners.
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
Liz Karr,
an experienced agent in this neighborhood.
Parks in this Area
George Woods Park
Prairie Dog Town
MacKenzie Canyon Run Dog Park
Mackenzie Main City Park
Transit
Airport
Lubbock Preston Smith International
22 min drive
Bus
2921 Bates St.
Bus
Auburn Ave & Zenith Ave
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Auburn & Martin Luther King
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Zenith Ave & 4th St.
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Madison Park Apartments On North Martin Luther King
Bus
East Emory St. & West Of Mlk
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Redbud Ave & Colgate St.
Parkway-Cherry Point Demographics and Home Trends
On average, homes in Parkway-Cherry Point, Lubbock sell after 38 days on the market compared to the national average of 70 days. The median sale price for homes in Parkway-Cherry Point, Lubbock over the last 12 months is $554,000, up 31% from the median home sale price over the previous 12 months.
Investor special! This property is being sold as-is and offers a great opportunity for investors, flippers, or landlords looking to expand their portfolio. Located in an established neighborhood near schools and parks. With rental potential, minimal entry cost, and room for updates or improvements, this property is ideal for those seeking value adding opportunities in a growing market. Don't miss
Discover this duplex located in Lubbock, Texas. Each unit features a spacious layout with 3 bedrooms and 1 bathroom. Currently, both side are rented offering an opportunity for an investor looking to maximize their returns.
WOW!!!! Completely updated three bedroom, one bath home. New Plumbing, New Electrical, New Flooring, Newer Roof (4 years). This updated gem is ready for a new owner. Priced to move Seller will look at all offers.
Welcome to your next home, featuring 1,125 square feet of living space, 3 bedrooms, 2 baths, and a 1 car garage. This home is located in Lubbock ISD, and has everything you're looking for in a rental. The kitchen features a stove, fridge, custom cabinets, and vinyl flooring. Step outside to a relaxing patio and a backyard with real grassLength of lease can be between 12 and 24
Living at Raiders Walk means enjoying the convenience of a five-minute walk to Texas Tech University (TTU) campus. Our apartment community provides top-notch off-campus housing for TTU students, located directly across the sky-bridge from Jones AT&T Stadium. This prime location makes it easy to access campus and participate in university activities. Raiders Walk offers individual leases for one-
Cute Two Bedroom House, Minutes from TTU & Downtown.Section 8 Considered. Wonderful home at a great value! The interior of this cozy home features washer & dryer connections, ceiling fans, and vinyl-plank flooring throughout. Exterior features include a front patio, fenced yard, and large storage shed.This home is available for a 12 month lease.Vacant properties are held no
Interested in learning more about homes in this area?
Reach out to
Liz Karr,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has Equal Renters and Owners
Demographics
Total Population
6,960
Median Age
35
Population Density
3 ppl/acre
Population under 18
29.1%
Above the national average
23.8%
Population over 65
17.8%
On par with the national average
19.1%
Finances
Median Household Income
$26,301
Significantly below the national average
$71,702
Average Household Income
$45,594
Education and Workforce
High School Graduates
66.5%
Below the national average
89.1%
College Graduates
4.6%
Significantly below the national average
34.1%
Advanced Degrees
1.5%
% Population in Labor Force
55.1%
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®
40/ 100
Car-Dependent
Walk Score®
46/ 100
Minimal Transit
Transit Score®
23/ 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.
