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Preston Smith

Preston Smith

Neighborhood in Lubbock, Texas

Lubbock County 79424
$247,631 Average Value
Residents of Preston Smith enjoy large homes surrounded by dense old growth trees.
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.
Locals love fishing in the Phil Hoel Park.
LakeRidge Country Club is located next to Preston Smith, so residents can easily enjoy golfing.
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.
Bungalows can be found throughout the neighborhood of Preston Smith.
Owners take great pride in maintaining their homes in 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.
Smith Elementary School challenges students by offering an all-encompassing curriculum.
Irons Middle 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.
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.
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.
Residents of Preston Smith can easily commute using Loop 289.
Locals might take advantage of using the bus for their commute in Preston Smith.
Locals might take advantage of using the bus for their commute in Preston Smith.
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Kevin Martin
Written By
Kevin Martin
Chon Kit Leong
Photography Contributed By
Chon Kit Leong
Adam Barkley
Video By
Adam Barkley

Agents Specializing in this Area

  • Kristen Wright

    Kristen Wright

    Wright Realty and Design

    (806) 702-7763

    162 Total Sales

    3 in Preston Smith

    $295K - $357K Price Range

    Kristen Wright
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  • Katie Billingsley

    Katie Billingsley

    Reside Real Estate Co.

    (806) 451-3271

    111 Total Sales

    1 in Preston Smith

    $135,000 Price

    Katie Billingsley
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  • Cindy Harrison

    Cindy Harrison

    Keller Williams Realty

    (806) 808-0144

    40 Total Sales

    2 in Preston Smith

    $205K - $235K Price Range

    Cindy Harrison
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  • Jason Riebe

    Jason Riebe

    WTX Realty, LLC

    (806) 758-7430

    365 Total Sales

    10 in Preston Smith

    $205K - $350K Price Range

    Jason Riebe
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  • Rachel Smith

    Rachel Smith

    Responds Quickly

    Keller Williams Realty

    (806) 209-2200

    192 Total Sales

    1 in Preston Smith

    $260,000 Price

    Rachel Smith
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  • Henry Gomez

    Henry Gomez

    WTX Realty, LLC

    (806) 451-3048

    118 Total Sales

    2 in Preston Smith

    $190K - $230K Price Range

    Henry Gomez
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Schools

Source:
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
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Interested in learning more about homes in this area? Reach out to Kristen Wright, an experienced agent in this neighborhood.

Parks in this Area

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

Neighborhood Facts

Number of Homes in Neighborhood
1,746
Median Year Built
1984
Average Single Family Home Size Sq Ft
1,826
Below the national average
1,924
Average Townhouse Size Sq Ft
2,055
Median Lot Size Sq Ft
6,969

Open Houses

  • 5504 92nd St, Lubbock, TX 79424

    $235,000

    • 3 Beds
    • 2 Baths
    • 1,389 Sq Ft
    • 5504 92nd St
    • New 9 days ago

    Wonderful Home located near Preston Smith Elementary and just steps away from a beautiful park with a lake, tennis courts and play equipment. This Home features handicap accessible amenities as well as 3 bedrooms, 2 bathrooms, a combo kitchen and dining, and a 2 car garage. Don't miss the great backyard with mature trees and a nice patio.

    Kyle Rogers RE/MAX Lubbock

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  • Thursday, Jul 31
    5 - 7pm

    5513 83rd St, Lubbock, TX 79424

    $380,000

    • 3 Beds
    • 2 Baths
    • 2,327 Sq Ft
    • 5513 83rd St
    • New 13 days ago

    Welcome Home! This 3/2/2 PLUS office & 2 living areas is such a DREAM located in the very coveted Castleridge area. As you drive through this Gorgeous neighborhood you will see all the beautifully cared for homes. This home has shutters on the outside and plantation shutters on the inside. Walking in you will find a lovely entry welcoming you into the living room. Newly updated this home has a

    Vanessa Baker Real Estate Just For You, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

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Homes for Rent

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Interested in learning more about homes in this area? Reach out to Kristen Wright, 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.

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Reviews

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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.
NEIGHBORHOOD
Preston Smith
Kristen Wright
Wright Realty and Design
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Kristen Wright
Kristen Wright
Wright Realty and Design
Agent experienced in this area
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