Is a car needed in Parkway and Cherry Point, Lubbock, TX?

As of early 2026, 91% of users say car is needed

Does Parkway and Cherry Point, Lubbock, TX have sidewalks?

As of early 2026, 87% of users say there are sidewalks

Are yards well-kept in Parkway and Cherry Point, Lubbock, TX?

As of early 2026, 86% of users say yards are well-kept

Do kids play outside in Parkway and Cherry Point, Lubbock, TX?

As of early 2026, 82% of users say kids play outside

Is parking easy in Parkway and Cherry Point, Lubbock, TX?

As of early 2026, 78% of users say parking is easy

Does Parkway and Cherry Point, Lubbock, TX show holiday spirit?

As of early 2026, 73% of users say there's holiday spirit

Is Parkway and Cherry Point, Lubbock, TX dog-friendly?

As of early 2026, 62% of users say it's dog friendly

Do residents of Parkway and Cherry Point, Lubbock, TX plan to stay at least 5 years?

As of early 2026, 54% of users say they plan to stay for at least 5 years

Is there wildlife in Parkway and Cherry Point, Lubbock, TX?

As of early 2026, 54% of users say there's wildlife

Is Parkway and Cherry Point, Lubbock, TX walkable to grocery stores?

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

Are neighbors friendly in Parkway and Cherry Point, Lubbock, TX?

As of early 2026, 43% of users say neighbors are friendly

Would people walk alone at night in Parkway and Cherry Point, Lubbock, TX?

As of early 2026, 33% of users say people would walk alone at night

Is Parkway and Cherry Point, Lubbock, TX quiet?

As of early 2026, 33% of users say it's quiet

Is Parkway and Cherry Point, Lubbock, TX walkable to restaurants?

As of early 2026, 28% of users say it's walkable to restaurants

Are the streets well-lit in Parkway and Cherry Point, Lubbock, TX?

As of early 2026, 22% of users say streets are well-lit

Are there community events in Parkway and Cherry Point, Lubbock, TX?

As of early 2026, 19% of users say there are community events

What is 720 E Municipal Dr estimated to be worth?

Trulia's estimated value for 720 E Municipal Dr in Lubbock, TX is $140,600 .

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.

What do residents say about the Parkway and Cherry Point neighborhood?

Residents describe the Parkway and Cherry Point neighborhood in Lubbock, TX as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Parkway and Cherry Point, Lubbock .

How big is the lot at 720 E Municipal Dr?

The lot at 720 E Municipal Dr in Lubbock, TX is about 0.40 acres (17,500 sq ft).

OFF MARKET

$140,600

Trulia Estimate

3 Beds
2 Baths
2,574 sqft (on 0.40 acres)

720 E Municipal Dr, Lubbock, TX 79403

Parkway and Cherry Point

Est. Refi. Payment $985/mo*

Refinance Your Home

Home Value

Trulia Estimate

$141K

Since last month

$4K (-2.6%)

Since last year

$14K (+10.9%)

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 +106% in the last 10 years

Month	Estimated value
2026
August 2026	$141K
August 2026	$140K
July 2026	$144K
June 2026	$147K
May 2026	$143K
April 2026	$138K
March 2026	$138K
February 2026	$131K
January 2026	$129K
2025
December 2025	$129K
November 2025	$122K
October 2025	$121K
September 2025	$123K
August 2025	$127K
July 2025	$127K
June 2025	$131K
May 2025	$133K
April 2025	$126K
March 2025	$123K
February 2025	$120K
January 2025	$117K
2024
December 2024	$123K
November 2024	$119K
October 2024	$120K
September 2024	$122K
August 2024	$126K
July 2024	$133K
June 2024	$142K
May 2024	$143K
April 2024	$137K
March 2024	$135K
February 2024	$122K
January 2024	$117K
2023
December 2023	$117K
November 2023	$126K
October 2023	$121K
September 2023	$143K
August 2023	$141K
July 2023	$145K
June 2023	$152K
May 2023	$153K
April 2023	$151K
March 2023	$149K
February 2023	$141K
January 2023	$141K
2022
December 2022	$141K
November 2022	$147K
October 2022	$153K
September 2022	$152K
August 2022	$154K
July 2022	$157K
June 2022	$155K
May 2022	$154K
April 2022	$153K
March 2022	$155K
February 2022	$130K
January 2022	$126K
2021
December 2021	$126K
November 2021	$123K
October 2021	$120K
September 2021	$118K
August 2021	$120K
July 2021	$124K
June 2021	$128K
May 2021	$137K
April 2021	$134K
March 2021	$149K
February 2021	$147K
January 2021	$145K
2020
December 2020	$148K
November 2020	$145K
October 2020	$141K
September 2020	$127K
August 2020	$149K
July 2020	$141K
June 2020	$142K
May 2020	$143K
April 2020	$138K
March 2020	$126K
February 2020	$115K
January 2020	$117K
2019
December 2019	$110K
November 2019	$103K
October 2019	$107K
September 2019	$114K
August 2019	$109K
July 2019	$112K
June 2019	$120K
May 2019	$121K
April 2019	$123K
March 2019	$124K
February 2019	$118K
January 2019	$117K
2018
December 2018	$114K
November 2018	$118K
October 2018	$129K
September 2018	$85K
August 2018	$78K
July 2018	$88K
June 2018	$82K
May 2018	$88K
April 2018	$90K
March 2018	$91K
February 2018	$74K
January 2018	$73K
2017
December 2017	$72K
November 2017	$69K
October 2017	$68K
September 2017	$67K
August 2017	$63K
July 2017	$67K
June 2017	$69K
May 2017	$70K
April 2017	$68K
March 2017	$66K
February 2017	$68K
January 2017	$68K
2016
December 2016	$69K
November 2016	$71K
October 2016	$72K
September 2016	$68K

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
1901 56th St, Lubbock, TX 79412	4.86	$182,800	4	2	2,061	Off Market
7911 19th St, Lubbock, TX 79407	9.77	$83,800	Studio	-	952	Off Market
2408 Aberdeen Ave, Lubbock, TX 79407	8.75	$294,700	3	2	2,046	Off Market
3809 35th St, Lubbock, TX 79413	5.17	$189,100	4	2.5	-	Off Market
4807 52nd St, Lubbock, TX 79414	6.61	$151,700	3	2	1,062	Off Market
3413 40th St, Lubbock, TX 79413	5.01	$243,000	3	2	2,368	Off Market
4930 64th St, Lubbock, TX 79414	7.25	$126,300	2	2	1,040	Off Market
3311 21st St, Lubbock, TX 79410	4.11	$412,300	3	2	1,845	Off Market
2212 47th St, Lubbock, TX 79412	4.51	$134,100	4	2	1,760	Off Market
2318 28th St, Lubbock, TX 79411	3.55	$136,800	2	1	1,035	Off Market
4614 Fordham St, Lubbock, TX 79416	4.74	$141,400	3	2	1,194	Off Market

Local Information

Map ViewExplore the area around 720 E Municipal Dr.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1954

0.4 acre lot

2,574 sqft

$55/sqft

About this House

This single-family home is located at 720 E Municipal Dr, Lubbock, TX. 720 E Municipal Dr is in the Parkway and Cherry Point neighborhood in Lubbock, TX and in ZIP code 79403. This property has 3 bedrooms, 2 bathrooms and approximately 2,574 sqft of floor space. This property has a lot size of 0.40 acres and was built in 1954.

720 E Municipal Dr, Lubbock, TX 79403 is a 3 bedroom, 2 bathroom, 2,574 sqft single-family home in Parkway and Cherry Point, built in 1954. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $140,600, with a rent estimate of $1,335/month.

Home Details for 720 E Municipal Dr

Property Information
Year Built Year Built: 1954Year Updated: 1954
Property Type / Style Property Type: Single Family Home

Exterior Features
Exterior Home Features Exterior: OtherFoundation Type: Slab

Community
Units in Building: 1

Lot Information
Lot Area: 0.40 acres

Price and Tax history

Year	Property tax	Tax assessment
2025	$2,076	$117,348

Home facts updated by county records

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

Alderson Elementary School
PK-5
Public
435 Students
Lubbock Independent School District
2/10
GreatSchools Rating
Parent Rating Average
No reviews available for this school.

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

Parkway and Cherry Point

46 Homes For You
Buy: $8.9k - $2.17m

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Parkway and Cherry Point

At least 9 Trulia users voted on each feature.

91 % Say car is needed
87 % Say there are sidewalks
86 % Say yards are well-kept
82 % Say kids play outside
78 % Say parking is easy
73 % Say there's holiday spirit
62 % Say it's dog friendly
54 % Say they plan to stay for at least 5 years
54 % Say there's wildlife
50 % Say it's walkable to grocery stores
43 % Say neighbors are friendly
33 % Say people would walk alone at night
33 % Say it's quiet
28 % Say it's walkable to restaurants
22 % Say streets are well-lit
19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

Trulia User
Resident
3y ago
"Theres plenty of community events that happens year round. McKenzie Park and Dunbar Park normally have events year round and is very family friendly. "
3
Flag
Jaushl8
Prev. Resident
6y ago
"there are a lot of families. mixture of races, and ages. the parks are not that well maintained by the housing authority(they own the parks), however the children still play outside and have fun with neighborhood children."
3
Flag

LGBTQ Local Legal Protections

Frequently asked questions about 720 E Municipal Dr

What is 720 E Municipal Dr estimated to be worth?
Trulia's estimated value for 720 E Municipal Dr in Lubbock, TX is $140,600.
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.
What do residents say about the Parkway and Cherry Point neighborhood?
Residents describe the Parkway and Cherry Point neighborhood in Lubbock, TX as pedestrian-friendly, well-kept, and easy to park in. See recently sold homes in Parkway and Cherry Point, Lubbock.
How big is the lot at 720 E Municipal Dr?
The lot at 720 E Municipal Dr in Lubbock, TX is about 0.40 acres (17,500 sq ft).