1013 Preston Trail Wolfforth, TX 79382
MULTI_FAMILY - Wolfforth, TX
- Added:
- Jul 9, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 1013 Preston Trail
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5
- Parking features
- Open, Garage, Driveway
- Window features
- Blinds, Screens
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Primary Downstairs, Walk-In Closet(s)
- Exterior features
- Private Entrance, Private Yard
- Appliances
- Dishwasher, Electric Oven, Electric Range, Microwave
- 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
- 6657
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
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 Jul 9, 2026
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.
Investment Insights
Based on property information with market context.
The duplex is located near the Preston Manor neighborhood and close to a new United grocery store being built in Wolfforth.
With two mirrored residential units on the same property, this setup supports straightforward duplex living and rental occupancy on a shared lot.
Key Highlights
- 2022‑built duplex with each side offering 3 bedrooms and 2 bathrooms
- Open floorplan with vinyl flooring throughout both units
- Kitchen features granite counters, pantry, and appliances including dishwasher, microwave, electric range, and electric oven
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 |
