




$715,000
7205 78th Street, Lubbock, TX, 79424
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About this property
Welcome to this exceptional 3-bedroom, 3-bathroom home located in the highly sought-after Papalote South community, offering a perfect blend of space, versatility, and outdoor living. Seller is offering a $15,000 paint/carpet allowance making this gem even more desirable. Designed with both comfort and functionality in mind, this home features multiple living and entertaining areas, including a flex/media/game room, a formal dining space, and a convenient pocket office--ideal for working from home or managing daily tasks. The thoughtfully designed layout provides flexibility to fit a variety of lifestyles. The home also boasts a fully finished basement and an expansive finished attic space, offering endless possibilities for additional living areas, hobbies, or storage. Ample storage throughout ensures everything has its place. Step outside to your own private retreat, complete with a sparkling pool, outdoor grill area, and fire pit--perfect for entertaining or relaxing year-round. The property includes a dedicated shop with a workshop and RV/boat storage, along with a full bathroom. With its unique combination of indoor versatility and outdoor amenities, this property offers a rare opportunity to enjoy both functionality and lifestyle in Papalote South.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lubbock
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