1 month on rocket

308 Palomino Dr, Lubbock, TX, 79404

$1,795,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
5,528 SqFt
$325/SqFt
House

Location

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308 Palomino Dr, Lubbock$1,795,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Attached
Attached Garage8 spaces
Year Built2014
HeatingCentral, Natural Gas
CoolingCeiling Fan(s), Central Air
FireplaceFamily Room, Gas Starter, Living Room, Wood Burning
Private PoolYes
MLS #202411758
Lot Size1.20 Acres
StatusActive

About 308 Palomino Dr

Discover unparalleled luxury in this stunning 5-bedroom, 5-bathroom estate overlooking Buffalo Springs Lake. This home features a gated entrance with an electric gate for added privacy and security. Enjoy the serene views from your heated pool and hot tub, complemented by a fully-equipped outdoor kitchen. Inside, a chef's dream kitchen awaits with a double oven, gas stove, pot filler, and a spacious walk-in closet. The open floor plan includes a second living area upstairs with a balcony view of the lake and an elevator for easy access to the attic storage. With 8 garage spaces (4 attached, 4 in a detached shop) and a putting green, this property combines luxury and convenience. Spray foam attic insulation ensures year-round comfort. Don't miss this unique opportunityschedule your private tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 2014
  • Stories: 2
  • Living Area: 5,528 SqFt

Listing Office:

  • Office Name: Clear Rock Realty
  • Office Phone: (850) 578-2105
  • Listing Agent: Ruben Trujillo Jr

Interior Features

Interior Information:

  • Appliances: Double Oven, Refrigerator, Microwave, Water Softener, Disposal
  • Interior: Kitchen Island, Walk-In Closet(s), Pantry
  • Fireplace: Family Room, Gas Starter, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Barbecue, Porch/Covered

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Attached

Lot Features

Lot Information:

  • Lot Size: 1.20 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,795,000
  • Price Per SqFt: $325/SqFt

Tax Information:

  • Annual Amount: $16,303
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lubbock, TX.

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Lubbock, TX

City

Med. Sold Price

$285K

Med. Price/SqFt

$135

Avg. Days On Market

56

# of Sold Homes

244

308 Palomino Dr vs Lubbock

37 DAYS ON ROCKET

-19 Days

$1,795,000

+$1.5M More

$325/SqFt

+$189 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $189/SqFt more than other homes in Lubbock, TX.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: Lubbock
  • MLS Number: #202411758

Listing Office:

  • Office Name: Clear Rock Realty
  • Office Phone: (850) 578-2105
  • Listing Agent: Ruben Trujillo Jr

Copyright © 2024 Lubbock Association of REALTORS®. All rights reserved.

IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/19/2024, 6:16:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$16,303$941,378
2019$13,991$806,321
2018$17,878$967,487
2017$12,399$636,565

History based on county public records data.

Payment Calculator

$9,026

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,448

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-195495
3
/10

  • Roosevelt Elementary School

  • 1406 County Road 3300

  • 3.72 miles

  • Public District Grades PK-5

school-card-donut-195496
4
/10

  • Ervin Elementary School

  • 1802 E 28th St

  • 6.62 miles

  • Public Charter Grades PK-5

school-card-donut-195497
4
/10

  • Alderson Elementary School

  • 219 Walnut Ave

  • 7.24 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,641. Typical income of Lubbock, TX residents is between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 308 Palomino Dr

What is the listing price of this property?

The listing price of 308 Palomino Dr property is $1,795,000.

What type of property is this?

The property 308 Palomino Dr is a house located in Lubbock, Texas, 79404.

Is this property for sale now?

Active Listing: 308 Palomino Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $16,303 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 308 Palomino Dr has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 308 Palomino Dr is 5,528 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 308 Palomino Dr is 2014.

Rocket Homes›Texas›Lubbock County›Lubbock›79404›308 Palomino Dr

This home is located at 308 Palomino Dr in Lubbock, TX and zip code 79404. This 5,528 square foot home, which was built in 2014, sits on a 1.20 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,795,000.

Over 0 listings were sold over their listed price in November 2024 in Lubbock, TX. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. In November 2024 in Lubbock, TX there were 4.3% more homes for sale than in October 2024. In November 2024 median list price was $285,000 and the average listing age was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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