Is a car needed in Preston Smith, Lubbock, TX?

As of early 2026, 100% of users say car is needed

Does Preston Smith, Lubbock, TX have sidewalks?

As of early 2026, 100% of users say there are sidewalks

Is parking easy in Preston Smith, Lubbock, TX?

As of early 2026, 100% of users say parking is easy

Is Preston Smith, Lubbock, TX dog-friendly?

As of early 2026, 94% of users say it's dog friendly

Are yards well-kept in Preston Smith, Lubbock, TX?

As of early 2026, 93% of users say yards are well-kept

Do kids play outside in Preston Smith, Lubbock, TX?

As of early 2026, 86% of users say kids play outside

Is Preston Smith, Lubbock, TX quiet?

As of early 2026, 75% of users say it's quiet

Would people walk alone at night in Preston Smith, Lubbock, TX?

As of early 2026, 75% of users say people would walk alone at night

Are the streets well-lit in Preston Smith, Lubbock, TX?

As of early 2026, 69% of users say streets are well-lit

Does Preston Smith, Lubbock, TX show holiday spirit?

As of early 2026, 67% of users say there's holiday spirit

Are neighbors friendly in Preston Smith, Lubbock, TX?

As of early 2026, 64% of users say neighbors are friendly

Do residents of Preston Smith, Lubbock, TX plan to stay at least 5 years?

As of early 2026, 61% of users say they plan to stay for at least 5 years

Is Preston Smith, Lubbock, TX walkable to restaurants?

As of early 2026, 50% of users say it's walkable to restaurants

Is there wildlife in Preston Smith, Lubbock, TX?

As of early 2026, 43% of users say there's wildlife

Is Preston Smith, Lubbock, TX walkable to grocery stores?

As of early 2026, 35% of users say it's walkable to grocery stores

Are there community events in Preston Smith, Lubbock, TX?

As of early 2026, 27% of users say there are community events

What is 5506 87th St estimated to be worth?

Trulia's estimated value for 5506 87th St in Lubbock, TX is $231,300 .

What is the price history for 5506 87th St?

5506 87th St in Lubbock, TX last sold in March 2015.

Is Lubbock a buyer's or seller's market?

Lubbock is currently a buyer's market, based on recent for-sale activity.

What's the median sale price in Lubbock?

The median sale price in Lubbock is $236K. That is up $6.67K from the prior month.

Does 5506 87th St have air conditioning?

Yes, 5506 87th St in Lubbock, TX has air conditioning.

How big is the lot at 5506 87th St?

The lot at 5506 87th St in Lubbock, TX is about 0.17 acres (7,245 sq ft).

OFF MARKET

5506 87th St
Lubbock, TX 79424

Preston Smith

3 Beds
2 Baths
1,526 sqft

$231,300

Trulia Estimate

as of Aug 25, 2026

Est. Refi. Payment $1,558/mo*

Refinance Your Home

$231,300

Trulia Estimate

as of Aug 25, 2026

Est. Refi. Payment $1,558/mo*

Refinance Your Home

3 Beds

2 Baths

1,526 sqft

Home Value

Trulia Estimate

$231K

Since last month

$2K (+0.7%)

Since last year

$3K (+1.1%)

Since last sale

$111K (+92.5%)

Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +60% in the last 10 years

Month	Estimated value
2026
August 2026	$231K
July 2026	$230K
June 2026	$232K
May 2026	$232K
April 2026	$232K
March 2026	$231K
February 2026	$229K
January 2026	$228K
2025
December 2025	$226K
November 2025	$227K
October 2025	$227K
September 2025	$228K
August 2025	$228K
July 2025	$230K
June 2025	$232K
May 2025	$230K
April 2025	$231K
March 2025	$229K
February 2025	$227K
January 2025	$225K
2024
December 2024	$226K
November 2024	$226K
October 2024	$230K
September 2024	$233K
August 2024	$235K
July 2024	$235K
June 2024	$237K
May 2024	$237K
April 2024	$237K
March 2024	$236K
February 2024	$234K
January 2024	$233K
2023
December 2023	$232K
November 2023	$232K
October 2023	$232K
September 2023	$235K
August 2023	$234K
July 2023	$236K
June 2023	$237K
May 2023	$237K
April 2023	$238K
March 2023	$241K
February 2023	$243K
January 2023	$248K
2022
December 2022	$247K
November 2022	$250K
October 2022	$250K
September 2022	$249K
August 2022	$248K
July 2022	$248K
June 2022	$246K
May 2022	$243K
April 2022	$239K
March 2022	$237K
February 2022	$234K
January 2022	$230K
2021
December 2021	$227K
November 2021	$224K
October 2021	$222K
September 2021	$219K
August 2021	$216K
July 2021	$215K
June 2021	$189K
May 2021	$189K
April 2021	$185K
March 2021	$175K
February 2021	$175K
January 2021	$175K
2020
December 2020	$172K
November 2020	$171K
October 2020	$171K
September 2020	$170K
August 2020	$164K
July 2020	$162K
June 2020	$158K
May 2020	$156K
April 2020	$152K
March 2020	$150K
February 2020	$150K
January 2020	$151K
2019
December 2019	$151K
November 2019	$148K
October 2019	$147K
September 2019	$159K
August 2019	$158K
July 2019	$153K
June 2019	$154K
May 2019	$157K
April 2019	$159K
March 2019	$150K
February 2019	$155K
January 2019	$154K
2018
December 2018	$151K
November 2018	$152K
October 2018	$152K
September 2018	$163K
August 2018	$163K
July 2018	$164K
June 2018	$165K
May 2018	$163K
April 2018	$167K
March 2018	$166K
February 2018	$157K
January 2018	$161K
2017
December 2017	$155K
November 2017	$157K
October 2017	$151K
September 2017	$158K
August 2017	$152K
July 2017	$142K
June 2017	$144K
May 2017	$149K
April 2017	$142K
March 2017	$140K
February 2017	$139K
January 2017	$141K
2016
December 2016	$146K
November 2016	$146K
October 2016	$144K
September 2016	$142K
August 2016	$144K

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
1910 17th St, Lubbock, TX 79401	6.18	$63,100	2	1	816	Off Market
3222 Emory St, Lubbock, TX 79415	6.85	$103,200	2	1	1,615	Off Market
6501 Oxford Ave, Lubbock, TX 79413	2.23	$221,300	3	2	1,599	Off Market
6412 37th St, Lubbock, TX 79407	3.39	$166,800	3	2	1,283	Off Market
6121 Louisville Dr, Lubbock, TX 79413	2.73	$279,600	3	2	2,248	Off Market
508 42nd St, Lubbock, TX 79404	5.98	$49,800	2	1	950	Off Market
4909 8th St, Lubbock, TX 79416	5.15	$136,600	3	2	943	Off Market
522 47th St, Lubbock, TX 79404	5.77	-	-	-	624	Off Market
2508 47th St, Lubbock, TX 79413	4.32	$134,500	4	2	1,374	Off Market
506 42nd St, Lubbock, TX 79404	5.99	$50,700	2	1	880	Off Market
6123 Louisville Dr, Lubbock, TX 79413	2.73	$309,300	3	2	2,119	Off Market

Local Information

Map ViewExplore the area around 5506 87th St.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Year Built

1984

Living Area

1,526 sqft

Price/Sqft

$152

Parking

Garage

About this House

WONDERFUL CHAPARRAL HOME IN GREAT CENTRAL LOCATION! FRONT FORMAL DINING ROOM, LIVING ROOM WITH FIREPLACE, MASTER BEDROOM WITH BATH, EXTRA LARGE BACKYARD, JUST NEEDS A SMALL AMOUNT OF TLC TO MAKE IT SHINE!

5506 87th St, Lubbock, TX 79424 is a 3 bedroom, 2 bathroom, 1,526 sqft single-family home in Preston Smith, built in 1984. It last sold for $120,000 on Mar 19, 2015. It is currently off market. The Trulia Estimate is $231,300, with a rent estimate of $1,627/month.

Home Details for 5506 87th St

Exterior Features
Exterior Home Features Roof: CompositionExterior: BrickFoundation Type: Slab
Parking & Garage GarageParking: Garage Attached

Property Information
Year Built Year Built: 1984Year Updated: 1984
Property Type / Style Property Type: Single Family Home

Interior Features
Heating & Cooling Air ConditioningCooling System: Central
Fireplace & Spa Fireplace

Community
Units in Building: 1

Lot Information
Lot Area: 7245 sqft

Price and Tax history

Date	Event	Price
Aug 25, 2021 Source: LBMLS #202107263	ListingRemoved
Jul 23, 2021 Source: LBMLS #202107263	Contingent	$215,000
Jul 22, 2021 Source: LBMLS #202107263	PendingToActive	$215,000
Jul 20, 2021 Source: LBMLS #202107263	Contingent	$215,000
Jul 19, 2021 Source: LBMLS #202107263	Listed For Sale	$215,000
Mar 19, 2015 Source: N/A	Sold	--
Aug 29, 2013 Source: N/A	Sold	--
Dec 21, 2012 Source: N/A	Sold	--
Sep 29, 2008 Source: N/A	Sold	--

Year	Property tax	Tax assessment
2025	$4,099	$231,644

Additional Cost

Market trends in Lubbock

Last updated July 2026

Avg. sale price

$236K

$6.67KMoM

Sale-to-List Price

99.1%

0.3%MoM

Price per sq ft

$135

$3MoM

Available listings

1588

49MoM

Around this home

Smith Elementary School
PK-5
Public
491 Students
Lubbock Independent School District
9/10
GreatSchools Rating
Parent Rating Average
My students have attended this school for the last 4 years, and we have been expressed by the amazing teachers and overall school community! There are many opportunities for students and families to get involved and connected. My daughter received amazing supports and we have seen both of our student's scores and overall performance greatly improve. Additionally, the fine arts teachers are incredible and the kids love all that they learn! The school is safe and a very positive place for everyone.
Parent Review
1y ago
8 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Preston Smith

23 Homes For You
Buy: $189k - $372k

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Preston Smith

At least 12 Trulia users voted on each feature.

100 % Say car is needed
100 % Say there are sidewalks
100 % Say parking is easy
94 % Say it's dog friendly
93 % Say yards are well-kept
86 % Say kids play outside
75 % Say it's quiet
75 % Say people would walk alone at night
69 % Say streets are well-lit
67 % Say there's holiday spirit
64 % Say neighbors are friendly
61 % Say they plan to stay for at least 5 years
50 % Say it's walkable to restaurants
43 % Say there's wildlife
35 % Say it's walkable to grocery stores
27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

Trulia User
Visitor
2y ago
"Easy commute throughout the neighborhood until you get to the main roads and intersections. Easy to navigate around almost no traffic during the day."
0
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Trulia User
Resident
4y ago
"I’ve lived in this neighborhood for 14 yrs and enjoy my neighbors and the nearby park. Great school and close to everything."
0
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Trulia User
Resident
4y ago
"You see dog owners walking there dogs all the time. Sometimes these owners smile all the live long day. "
0
Flag
Erin B.
Resident
5y ago
"Very nice, stable and quiet. Most of my family live in this neighborhood! There are about 6 or 7 houses that are our family, in about 5 block neighborhood! "
0
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Barbhlav
Visitor
6y ago
"Great safe neighborhood with friendly home owners that care about their neighbors! Great parks & can walk to shop & eat ! Very convenient to everything!"
2
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Jmartinez2135
Resident
7y ago
"The neighborhood is great and is filled with friendly people! It also feels like a safe and is a beautiful place and me and my family love going on walks around it"
0
Flag
Belinda4bob
Resident
7y ago
"Easy access to everything by car. Drive to work downtown is about 14 minutes from my home via Marsha Sharp Freeway ."
0
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F m.
Resident
7y ago
"I love this neighborhood because it’s so quiet and good neighbors and it’s close to everything I need "
1
Flag
A S.
11y ago
"THIS IS A NEIGBORHOOD THAT UPDATES THEIR HOME REGULARLY EXAMPLE: WE HAVE SPENT OVER $50,000 IN UPDATES JUST THIS YEAR"
8
Flag
markjord007
13y ago
"We lived here for over 10 years and absolutely love the area. Very handy to everything including the medical district and Texas Tech and LCU."
3
Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5506 87th St

What is 5506 87th St estimated to be worth?
Trulia's estimated value for 5506 87th St in Lubbock, TX is $231,300.
What is the price history for 5506 87th St?
5506 87th St in Lubbock, TX last sold in March 2015.
Is Lubbock a buyer's or seller's market?
Lubbock is currently a buyer's market, based on recent for-sale activity.
What's the median sale price in Lubbock?
The median sale price in Lubbock is $236K. That is up $6.67K from the prior month.
Does 5506 87th St have air conditioning?
Yes, 5506 87th St in Lubbock, TX has air conditioning.
How big is the lot at 5506 87th St?
The lot at 5506 87th St in Lubbock, TX is about 0.17 acres (7,245 sq ft).