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    Newer Duplex in Frenship District Title is generated by Realmo AI

    1013 Preston Trail, Wolfforth, TX 79382

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    Claim this Listing
    For Sale
    $345,000

    MULTI_FAMILY - Ranch - Wolfforth, TX

    Type:Single Family Residence
    Property size:
    2,800 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $123/SF
    Added:
    Jun 6, 2025
    Days on Market:
    379
    Last Refresh:
    Jun 19 at 11:06 pm

    Property Features for 1013 Preston Trail

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6
    Parking features
    Garage, Driveway
    Security features
    Security Lighting
    Window features
    Blinds
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fan(s), Granite Counters, Pantry, Walk-In Closet(s)
    Exterior features
    Private Entrance, Private Yard
    Appliances
    Dishwasher, Disposal, Electric Range, Range Hood, Refrigerator
    Standard status
    Active
    APN
    R325460
    Size
    2,800 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Description
    Preston Trails L 7
    Tax Annual Amount
    7428

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2022
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Beth Wylie

    Listing agent Beth Wylie License #0777416

    Listing office Aycock Realty Group, LLC 3911 98th Street, Ste 200, Lubbock, TX

    Listing date Jun 6, 2025

    MLS# 202555980 Listing URL

    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

    • 2022‑built ranch‑style duplex with brick construction
    • Each side features 3 bedrooms and 2 full bathrooms
    • Each unit includes a 2‑car garage plus driveway parking
    • Kitchen includes granite counters and pantry; appliances include dishwasher, disposal, electric range, range hood, and refrigerator
    • Central heating and central air, plus ceiling fans
    • Private entrance and private yard, with porch and cable available; public water and public sewer

    Overview

    This newer duplex is located in Wolfforth, Texas, within the Frenship School District. Situated in a desirable upscale residential and rental area adjacent to Preston Manor, the property offers convenience and accessibility. Each side of the duplex features 3 bedrooms and 2 full bathrooms, along with a 2-car garage. The property size is 2800 square feet, situated on a lot of 0.15 acres.

    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
    2,800 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $361.3K
    $316.1K – $421.5K (±1% cap)
    NOI $25,290 @ 7.0% cap · market cap 7.33%
    Second Best
    Apartment 5plus
    $324.4K
    $283.9K – $378.5K (±1% cap)
    NOI $22,708 @ 7.0% cap · market cap 6.58%
    Theoretical Best
    Office A
    $705.9K
    $617.7K – $823.5K (±1% cap)
    NOI $49,412 @ 7.0% cap · market cap 14.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Wolfforth
    County
    Lubbock
    State
    Texas
    Longitude
    -101.996834
    Latitude
    33.527203

    FAQs

    What type of property is this?
    Duplex - Duplex with 3 bedrooms, 2 bathrooms, and 2-car garage.
    Where is this duplex located?
    The property is located at 1013 Preston Trail Wolfforth, TX.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: 2022‑built ranch‑style duplex with brick construction; Each side features 3 bedrooms and 2 full bathrooms; Each unit includes a 2‑car garage plus driveway parking
    More about this property
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