$250,649Average Value$134Average Price per Sq Ft19Homes 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
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Preston Smith Demographics and Home Trends
On average, homes in Preston Smith, Lubbock sell after 25 days on the market compared to the national average of 55 days. The median sale price for homes in Preston Smith, Lubbock over the last 12 months is $235,000, up 4% from the median home sale price over the previous 12 months.
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Brand new roof 8/13/26!! Beautiful 3/2/2 with office within walking distance to Phil Hoel Park. Recently updated living area, large kitchen, and office space. Features a large covered patio in backyard. Home is in great shape and is in a wonderful location in south Lubbock.
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Beautifully updated 3/2/2 in the Meadows. Updates include, New Flooring throughout, fresh neutral colored paint, updated baths with updated lighting. The kitchen has new gas stove,, vent hood and backsplash sporting a modern clean look. This leads to dining areas which opens to a large living area with Fireplace with sloped ceiling and plenty of natural lighting. A bonus/2nd living area for a
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