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5003 Prospect Ave, Lubbock, TX, 79407

4beds
2baths
2,153sqft
$345,000
$160price/sqft
$2,732/moest. monthly cost
$109,280/yrincome needed

About This Home

Tucked away on a quiet cul-de-sac in the highly sought-after Frenship ISD, this spacious 4-bedroom, 2-bathroom home offers 2,156 square feet of thoughtfully designed living space that truly stands out. Step inside to a spacious living room featuring a stunning vaulted ceiling and a beautiful stone fireplace that creates an open, airy feel perfect for both relaxing and entertaining. The thoughtfully designed layout includes an isolated master suite, giving you a little extra space and separation from the other bedrooms. Enjoy outdoor living in the large backyard, ideal for gatherings, pets, or simply unwinding after a long day. Conveniently located close to shopping, dining, and everyday amenities, this home offers the perfect blend of comfort and convenience. Don't miss the opportunity to make this well-appointed home yours!

Getting Around

17
WalkingCar-Dependent
0
TransitNo Nearby Transit
29
BikeSomewhat Bikeable

Schools

3/10
7/10
Heritage Middle SchoolGrades 6-81.6 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Stone,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Range,Microwave,Refrigerator
  • Laundry features: Laundry Room

Bedroom2

  • Features: Carpet Flooring
  • Level: First
  • Area: 132
  • Dimensions: 12.00 x 11.00

Bedroom3

  • Features: Carpet Flooring
  • Level: First
  • Area: 132
  • Dimensions: 12.00 x 11.00

Bedroom4

  • Features: Carpet Flooring
  • Level: First
  • Area: 132
  • Dimensions: 12.00 x 11.00

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Double Vanity,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Storage,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Finished area above ground: 2,153

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 2,153
  • Total interior livable area: 2,153 sqft

Primary Bedroom

  • Features: Carpet Flooring
  • Level: First
  • Area: 224
  • Dimensions: 14.00 x 16.00

Property

Details

  • Parcel number: R336954
  • Zoning description: Single Family
  • Special condition: Standard
  • Other equipment: None

Features

  • Patio & porch: Covered,Patio
  • Exterior features: None
  • Fencing: Back Yard,Fenced,Wood

Lot

  • Lot size: 7,405 sqft
  • Features: Cul-De-Sac,Sprinklers In Front,Sprinklers In Rear

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Cold Wave
Drought
Inland Flooding
Winter Weather
Ice Storm
Lightning
Wildfire

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,744$20,928
Home Insurance *$337$4,044
Property Taxes $413$4,956
Electricity $238$2,859
Total$2,732$32,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,668/yr
40% on housing$81,960/yr
45% on housing$72,853/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.1%
6.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$160This listing

vs Other Active Listings

Avg $/sqft

ZIP 79407$142
Lubbock County$122

vs Homes Sold Last Month

Median $/sqft

ZIP 79407$150
Lubbock County$143

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-02Listed for sale$350,000
2023-02-27Listing removed--
2023-02-14Listed for sale$349,000
2023-02-10Pending sale$349,000
2023-01-06Listed for sale$349,000
2023-01-06Listing removed--
2022-09-15Price change$355,000
2022-08-03Listed for sale$359,900
2022-08-03Listing removed--
2022-06-06Listed for sale$360,000

For Sale by Agent

AgentKelsey Miller
BrokerageKeller Williams Realty

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