Does Raintree, Lubbock, TX have sidewalks?

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

Is a car needed in Raintree, Lubbock, TX?

As of early 2026, 92% of users say car is needed

Is Raintree, Lubbock, TX dog-friendly?

As of early 2026, 89% of users say it's dog friendly

Is parking easy in Raintree, Lubbock, TX?

As of early 2026, 86% of users say parking is easy

Are yards well-kept in Raintree, Lubbock, TX?

As of early 2026, 84% of users say yards are well-kept

Is Raintree, Lubbock, TX quiet?

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

Are neighbors friendly in Raintree, Lubbock, TX?

As of early 2026, 72% of users say neighbors are friendly

Is there wildlife in Raintree, Lubbock, TX?

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

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

As of early 2026, 67% of users say they plan to stay for at least 5 years

Does Raintree, Lubbock, TX show holiday spirit?

As of early 2026, 65% of users say there's holiday spirit

Do kids play outside in Raintree, Lubbock, TX?

As of early 2026, 61% of users say kids play outside

Is Raintree, Lubbock, TX walkable to restaurants?

As of early 2026, 56% of users say it's walkable to restaurants

Are the streets well-lit in Raintree, Lubbock, TX?

As of early 2026, 50% of users say streets are well-lit

Is Raintree, Lubbock, TX walkable to grocery stores?

As of early 2026, 47% of users say it's walkable to grocery stores

Would people walk alone at night in Raintree, Lubbock, TX?

As of early 2026, 46% of users say people would walk alone at night

Are there community events in Raintree, Lubbock, TX?

As of early 2026, 41% of users say there are community events

What is 8601 Memphis Dr #3 estimated to be worth?

Trulia's estimated value for 8601 Memphis Dr #3 in Lubbock, TX is $88,100 .

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 $247K. That is up $11.61K from the prior month.

What do residents say about the Raintree neighborhood?

Residents describe the Raintree neighborhood in Lubbock, TX as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Raintree, Lubbock .

Does 8601 Memphis Dr #3 have air conditioning?

Yes, 8601 Memphis Dr #3 in Lubbock, TX has air conditioning.

How big is the lot at 8601 Memphis Dr #3?

The lot at 8601 Memphis Dr #3 in Lubbock, TX is about 0.04 acres (1,528 sq ft).

OFF MARKET

$88,100

Trulia Estimate

1 Bed
1 Bath
775 sqft

8601 Memphis Dr #3, Lubbock, TX 79423

Raintree

Est. Refi. Payment $656/mo*

Refinance Your Home

Home Value

Trulia Estimate

$88.1K

Since last month

$1K (+1.4%)

Since last year

$10K (+13.5%)

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 +45% in the last 10 years

Month	Estimated value
2026
September 2026	$88K
August 2026	$85K
July 2026	$86K
June 2026	$88K
May 2026	$89K
April 2026	$88K
March 2026	$76K
February 2026	$77K
January 2026	$79K
2025
December 2025	$79K
November 2025	$78K
October 2025	$77K
September 2025	$75K
August 2025	$77K
July 2025	$80K
June 2025	$84K
May 2025	$83K
April 2025	$86K
March 2025	$83K
February 2025	$81K
January 2025	$82K
2024
December 2024	$85K
November 2024	$87K
October 2024	$91K
September 2024	$93K
August 2024	$98K
July 2024	$101K
June 2024	$105K
May 2024	$102K
April 2024	$101K
March 2024	$102K
February 2024	$100K
January 2024	$98K
2023
December 2023	$105K
November 2023	$104K
October 2023	$113K
September 2023	$136K
August 2023	$135K
July 2023	$134K
June 2023	$136K
May 2023	$136K
April 2023	$136K
March 2023	$136K
February 2023	$135K
January 2023	$136K
2022
December 2022	$136K
November 2022	$136K
October 2022	$135K
September 2022	$134K
August 2022	$95K
July 2022	$95K
June 2022	$94K
May 2022	$92K
April 2022	$90K
March 2022	$90K
February 2022	$86K
January 2022	$84K
2021
December 2021	$83K
November 2021	$82K
October 2021	$81K
September 2021	$81K
August 2021	$82K
July 2021	$82K
June 2021	$80K
May 2021	$78K
April 2021	$78K
March 2021	$69K
February 2021	$63K
January 2021	$63K
2020
December 2020	$65K
November 2020	$77K
October 2020	$83K
September 2020	$87K
August 2020	$83K
July 2020	$80K
June 2020	$77K
May 2020	$75K
April 2020	$75K
March 2020	$73K
February 2020	$70K
January 2020	$71K
2019
December 2019	$68K
November 2019	$69K
October 2019	$66K
September 2019	$77K
August 2019	$76K
July 2019	$76K
June 2019	$78K
May 2019	$78K
April 2019	$74K
March 2019	$74K
February 2019	$75K
January 2019	$76K
2018
December 2018	$77K
November 2018	$74K
October 2018	$70K
September 2018	$75K
August 2018	$73K
July 2018	$70K
June 2018	$68K
May 2018	$68K
April 2018	$66K
March 2018	$65K
February 2018	$66K
January 2018	$66K
2017
December 2017	$62K
November 2017	$60K
October 2017	$60K
September 2017	$63K
August 2017	$63K
July 2017	$63K
June 2017	$63K
May 2017	$63K
April 2017	$62K
March 2017	$58K
February 2017	$66K
January 2017	$68K
2016
December 2016	$70K
November 2016	$68K
October 2016	$65K
September 2016	$60K

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
4815 38th St, Lubbock, TX 79414	3.39	$91,500	2	1	1,086	Off Market
1918 Avenue M, Lubbock, TX 79411	5.05	$58,900	3	1	1,080	Off Market
3008 32nd St, Lubbock, TX 79410	3.69	$388,200	3	3	2,819	Off Market
2606 25th St, Lubbock, TX 79410	4.22	$147,700	2	2	992	Off Market
1338 60th St, Lubbock, TX 79412	2.98	$132,800	4	2.5	1,576	Off Market
3308 41st St, Lubbock, TX 79413	3.05	$250,800	3	3	2,307	Off Market
2507 27th St, Lubbock, TX 79410	4.08	$201,000	3	2	2,332	Off Market
3011 21st St, Lubbock, TX 79410	4.35	$362,600	3	2	2,179	Off Market
3509 Avenue S, Lubbock, TX 79412	3.95	$98,300	Studio	-	1,372	Off Market
504 79th St, Lubbock, TX 79404	3.17	$91,300	3	2	1,323	Off Market

Local Information

Map ViewExplore the area around 8601 Memphis Dr #3.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1983

775 sqft

$114/sqft

About this House

Absolutely a fantastic investment! Low price, great location in southwest Lubbock, close to great schools, and a fabulous park. Great opportunity to buy a great rental with not much down! Seller has 2 bedroom units also for sale with great tenants already in place!

8601 Memphis Dr #3, Lubbock, TX 79423 is a 1 bedroom, 1 bathroom, 775 sqft single-family home in Raintree, built in 1983. More recently, it was listed as a rental in August 2017 with an asking price of $625 per month. That rental listing was removed on October 3, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $88,100, with a rent estimate of $851/month.

Home Details for 8601 Memphis Dr #3

Interior Features
Heating & Cooling Heating: BaseboardAir ConditioningCooling System: CentralHeating Fuel: Baseboard

Exterior Features
Exterior Home Features Roof: CompositionExterior: BrickFoundation Type: Slab
Parking & Garage Parking Space: 1Parking: Carport

Property Information
Year Built Year Built: 1983Year Updated: 1983
Property Type / Style Property Type: Single Family Home

Community
Units in Building: 1

Lot Information
Lot Area: 1528 sqft

Price and Tax history

Date	Event	Price
Oct 16, 2017 Source: Agent Provided	ListingRemoved	$59,900
Oct 3, 2017 Source: Agent Provided	ListingRemoved	$625
Oct 3, 2017 Source: Agent Provided	Listed For Sale	$59,900
Aug 31, 2017 Source: Agent Provided	Listed For Rent	$625
Jul 21, 2017 Source: Agent Provided	ListingRemoved	$62,500
Apr 27, 2017 Source: Agent Provided	Listed For Sale	$62,500
Aug 2, 2016 Source: Agent Provided	ListingRemoved	$59,900
Jul 29, 2016 Source: Agent Provided	Listed For Sale	$59,900

Year	Property tax	Tax assessment
2025	$1,725	$97,516

Additional Cost

Market trends in Lubbock

Last updated August 2026

Avg. sale price

$247K

$11.61KMoM

Sale-to-List Price

99.2%

0.1%MoM

Price per sq ft

$137

$2MoM

Available listings

1579

11MoM

Around this home

Honey Elementary School
PK-5
Public
441 Students
Lubbock Independent School District
8/10
GreatSchools Rating
Parent Rating Average
Amazing school. Wonderful for autistic students. 100 stars!!
Parent Review
3y ago
10 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

Raintree

13 Homes For You
Buy: $89.9k - $415k

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Raintree

At least 12 Trulia users voted on each feature.

100 % Say there are sidewalks
92 % Say car is needed
89 % Say it's dog friendly
86 % Say parking is easy
84 % Say yards are well-kept
75 % Say it's quiet
72 % Say neighbors are friendly
67 % Say there's wildlife
67 % Say they plan to stay for at least 5 years
65 % Say there's holiday spirit
61 % Say kids play outside
56 % Say it's walkable to restaurants
50 % Say streets are well-lit
47 % Say it's walkable to grocery stores
46 % Say people would walk alone at night
41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

Amy B.
Resident
6y ago
"quiet neighborhood, pretty houses,and lawns, and of course the friendly people. when my husband worked out of town my neighbors always checked in on me. "
1
Flag
Sthomas563
Resident
6y ago
"Everybody walks there dogs on daily basis on the neighborhood there is a large park next to premier sports and it’s family community! "
0
Flag
Mgrissom15
Resident
7y ago
"There are people who walk their dogs regularly. Some have more than one. You would love being here with your dogs in this neighborhood."
0
Flag

LGBTQ Local Legal Protections

Frequently asked questions about 8601 Memphis Dr #3

What is 8601 Memphis Dr #3 estimated to be worth?
Trulia's estimated value for 8601 Memphis Dr #3 in Lubbock, TX is $88,100.
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 $247K. That is up $11.61K from the prior month.
What do residents say about the Raintree neighborhood?
Residents describe the Raintree neighborhood in Lubbock, TX as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Raintree, Lubbock.
Does 8601 Memphis Dr #3 have air conditioning?
Yes, 8601 Memphis Dr #3 in Lubbock, TX has air conditioning.
How big is the lot at 8601 Memphis Dr #3?
The lot at 8601 Memphis Dr #3 in Lubbock, TX is about 0.04 acres (1,528 sq ft).