Bacon Crest

Lubbock, TX

Neighborhood Market Analysis

Q3 2025 Report
$407,000 (2024)
Median Home Price
Low to moderate (most errands require a car)
Walkability Score
Frenship ISD schools are highly rated and sought after by families.
School Rating

Location Overview

Neighborhood Boundaries

Between Iola Ave and Milwaukee Ave, and between 73rd Street and 79th Street

Zip Codes

79424

Market Data Summary

Price Range$329,000 - $510,000 (2024 sales)
Price per Sq Ft$153 (average, 2024)
Inventory LevelsModerate; 4 active listings as of July 2025, with 21 sales in 2024 indicating healthy turnover.

Property Characteristics

Home Types & Architecture

Home Types

Single-family detached

Architectural Styles

ContemporaryTraditional (brick and stone facades)

Property Details

Typical Lot Sizes0.18 - 0.22 acres
Home Age RangeBuilt 2000-present (89% built after 1999)
Construction QualityHigh; most homes are modern, well-maintained, and built to recent standards.

Community Profile

Demographics & Lifestyle

Demographics

Predominantly families and professionals; notable for a higher-than-average proportion of residents with British ancestry (2.1%) and a small but unique Greek-speaking population (2.4%).

Community Vibe

Suburban, quiet, and neighborly; strong sense of community with pride in homeownership.

Typical Residents

  • Families with children
  • Professionals
  • Move-up buyers

Family Friendly

Very family-oriented, with large homes, yards, and access to top-rated schools.

Amenities & Lifestyle

Parks & Recreation

  • Nearby parks and green spaces within a short drive

Dining Options

  • Casual dining and fast food along Milwaukee Ave

Shopping Centers

  • West End Center
  • Shops at Milwaukee

Local Businesses

  • Boutique fitness studios
  • Daycares
  • Local service providers

Education & Schools

Frenship ISD schools are highly rated and sought after by families.
Overall School Rating

Elementary Schools

  • Crestview Elementary (Frenship ISD)

Middle Schools

  • Heritage Middle School (Frenship ISD)

High Schools

  • Frenship High School

Private Schools

  • Lubbock Christian School (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • Limited city bus service nearby

Major Roads

  • Milwaukee Ave
  • Iola Ave
  • 73rd St
  • 79th St

Commute & Walkability

Commute Times15-25 minutes to Texas Tech University and downtown Lubbock by car.
WalkabilityLow; car-dependent for most activities.
ParkingExcellent; all homes have garages and ample driveway parking.

Marketing Intelligence

Target Buyer Types

  • Families with children
  • Move-up buyers
  • Relocating professionals

Key Selling Points

  • Modern homes
  • Top-rated schools
  • Safe, quiet neighborhood
  • Proximity to shopping and dining

Pricing Considerations

Homes priced at or just below the $400,000-$425,000 mark tend to sell fastest. Overpricing can result in extended days on market.

Common Objections & Response Strategies

Objection: Higher price point compared to older neighborhoods

Response Strategy:

Emphasize newer construction, energy efficiency, and lower maintenance costs.

Objection: Car-dependent location

Response Strategy:

Highlight proximity to major shopping, dining, and top schools; note quiet, safe streets for families.

Objection: Limited public transit

Response Strategy:

Stress ease of driving and ample parking; most residents prefer private vehicles.

Investment Insights

Investment Potential

Appreciation Potential

Strong; newer homes, top schools, and ongoing demand support continued appreciation.

Rental Demand

Moderate; primarily owner-occupied, but some demand from relocating professionals and families.

Buyer Competition

Moderate to high for well-priced homes; some listings sell quickly.

Best For

  • Families
  • Move-up buyers
  • Professionals seeking newer homes

Potential Concerns

  • Limited walkability
  • Higher price point than older neighborhoods

Professional Recommendations

1

Leverage school district ratings and new construction in marketing materials.

2

Stage homes to highlight family-friendly features and modern layouts.

3

Price competitively to avoid extended days on market.

4

Network with local employers and relocation services to reach incoming professionals.

5

Monitor inventory and adjust pricing strategies seasonally.

Competitive Analysis

Comparable Markets

  • Primrose Pointe
  • Monterey
  • Quaker Heights

Market Positioning

Premium family neighborhood with modern amenities and strong resale value.

Competitive Advantages

  • Newer homes
  • Top-rated schools
  • Strong community vibe

Price Comparison

Priced higher than older Lubbock neighborhoods, but competitive with other new-build subdivisions in southwest Lubbock.

Investment Metrics

4.5% - 5% (typical for owner-occupied, low-turnover neighborhoods)
Cap Rates
3.5% - 4% (moderate, due to high home values and owner occupancy)
Rental Yields
High (favoring buyers over investors)
Price-to-Rent
Limited for traditional rentals; better suited for long-term appreciation.
Cash Flow
3-5% annual appreciation expected over the next 3 years, barring major economic shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

Less common due to higher prices; those who buy here value new construction and schools.

Move-Up Buyers

Ideal; many buyers are upgrading from older or smaller homes.

Downsizers

Less common, but some empty nesters appreciate low-maintenance, newer homes.

Investors

Limited opportunities; focus on long-term appreciation rather than cash flow.

Relocators

Strong fit for families and professionals moving to Lubbock for work or education.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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