Why Live in Tech Terrace (UNIT)
Tech Terrace (UNIT) in Lubbock, Texas, is a historic neighborhood established in 1925, known for its proximity to Texas Tech University and two major hospitals. The area spans about one square mile and features homes from the 1930s, including bungalows and ranch-style builds. The neighborhood is highly walkable, with residents enjoying local spots like J&B Coffee, Capital Pizza, and Goodline Beer Co., which hosts community events such as a run club and trivia nights. Holly Hop Ice Cream Shoppe offers a nostalgic 1950s experience with nearly 100 flavors of ice cream. Tech Terrace Park, covering nearly 18 acres, serves as the community hub with a walking trail, open fields, and events like a summer concert series and kite-flying festival. Wagner Park provides additional recreational options with soccer fields and tennis courts. The Tech Terrace UNIT Neighborhood Association, established in 1974, fosters community spirit through regular events and the annual holiday home tour, showcasing the neighborhood's diverse homes. Students attend highly rated schools, including Roscoe Wilson Elementary School, Hutchison Middle School, and Lubbock High School. Tech Terrace is conveniently located 3 miles from downtown Lubbock, 1 mile from Covenant Medical Center, and 2 miles from University Medical Center, with public transportation available via Citibus routes. For longer trips, Lubbock Preston Smith International Airport is 10 miles north.
Home Trends in Tech Terrace (UNIT), TX
On average, homes in Tech Terrace (UNIT), Lubbock sell after 47 days on the market compared to the national average of 69 days. The median sale price for homes in Tech Terrace (UNIT), Lubbock over the last 12 months is $420,000.
Median Sale Price
$420,000
Median Single Family Sale Price
$420,000
Median Townhouse Sale Price
$420,000
Median 2 Bedroom Sale Price
$245,000
Median 1 Bedroom Sale Price
$625,000
Average Price Per Sq Ft
$273
Number of Homes for Sale
30
Last 12 months Home Sales
214
Median List Price
$424,900
Median Change From 1st List Price
1%