1011 Preston Trail, Wolfforth, TX 79382
MULTI_FAMILY - Ranch - Wolfforth, TX
- Added:
- Jun 6, 2025
- Days on Market:
- 379
- Last Refresh:
- Jun 19 at 10:06 pm
Property Features for 1011 Preston Trail
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 4
- Parking features
- Garage, Driveway
- Security features
- Security Lighting
- Window features
- Blinds
- Patio and Porch features
- Porch
- Interior features
- Double Vanity, Granite Counters, Pantry, Walk-In Closet(s)
- Appliances
- Dishwasher, Disposal, Electric Range, Range Hood, Refrigerator
- Standard status
- Active
- APN
- R325459
- Size
- 2,800 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- Preston Trails L 6
- Tax Annual Amount
- 7428
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Ceiling Fan(s), Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2022
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Ranch
Listing agent Beth Wylie License #0777416 (405) 435-1534
Listing office Aycock Realty Group, LLC 3911 98th Street, Ste 200, Lubbock, TX (806) 778-5956
Listing date Jun 6, 2025
Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 2022 with brick construction
- Each home features 3 bedrooms and 2 full bathrooms
- Interior upgrades include granite counters, double vanity, pantry, and walk‑in closets
- Appliances include dishwasher, disposal, electric range, range hood, and refrigerator
- Central heating and central air with ceiling fans
- Parking includes driveway and garage, plus a porch
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.6k | $13.80 |
| − Vacancy | −$2.5k | −$0.90 |
| EGI | $36.1k | $12.90 |
| − OpEx | −$10.8k | −$3.87 |
| NOI | $25.3k | $9.03 |
Alternative Uses
Current Use by Public Records
Map
- City
- Wolfforth
- County
- Lubbock
- State
- Texas
- Longitude
- -101.99703
- Latitude
- 33.527209
