Goldsmith, located in Ector County, Texas, is a charming community that boasts a welcoming atmosphere and strong ties among residents. Known for its proximity to larger cities like Odessa and Midland, Goldsmith offers a blend of rural tranquility and suburban convenience. This article explores the best residential areas in Goldsmith, highlighting their unique characteristics, housing options, and average prices.
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Goldsmith Downtown

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Goldsmith Downtown is the bustling heart of the city, filled with local shops, restaurants, and community activities. The area is ideal for those looking to immerse themselves in the local culture while enjoying easy access to amenities.
Characteristics of the Goldsmith Downtown
* Culture: Vibrant local businesses and community events
* Transportation: Well-connected with main roads; limited public transport
* Services: Grocery stores, coffee shops, parks, and local schools
* Environment: Friendly and community-oriented
Housing Options in the Goldsmith Downtown
Single-family homes, Townhouses
Average Home Prices in the Goldsmith Downtown
* Buying: $120,000 – $180,000
* Renting: $1,000 – $1,500/month
North Goldsmith

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The North Goldsmith area is known for its spacious lots and suburban feel, attracting families looking for a peaceful environment while still being close to schools and parks. It's perfect for those who appreciate a little more space.
Characteristics of the North Goldsmith
* Culture: Family-friendly with community events and gatherings
* Transportation: Well-maintained roads; car use is necessary
* Services: Nearby parks, schools, and family-friendly amenities
* Environment: Quiet and suburban
Housing Options in the North Goldsmith
Single-family homes, Larger yards
Average Home Prices in the North Goldsmith
* Buying: $130,000 – $200,000
* Renting: $1,200 – $1,700/month
Golden Acres

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Golden Acres is a tranquil neighborhood characterized by its large properties and peaceful surroundings, making it an attractive spot for those looking to retreat from urban life without sacrificing convenience.
Characteristics of the Golden Acres
* Culture: Rural vibe with open spaces and nature-oriented activities
* Transportation: Car essential; very few public transport options
* Services: Farmer’s markets and limited local shops; mainly residential
* Environment: Serene and spacious
Housing Options in the Golden Acres
Custom-built homes, Ranch-style houses
Average Home Prices in the Golden Acres
* Buying: $180,000 – $250,000
* Renting: $1,500 – $2,200/month
Goldsmith South

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This area provides a suburban lifestyle with modern amenities, including access to parks and new schools. It’s perfect for families who want a blend of modern living within a small-town feel.
Characteristics of the Goldsmith South
* Culture: Modern family-oriented community with low crime rates
* Transportation: Easy access to major highways; cars recommended
* Services: Schools, recreational parks, and shopping plazas
* Environment: Safe and active
Housing Options in the Goldsmith South
Newly built homes, Duplexes
Average Home Prices in the Goldsmith South
* Buying: $150,000 – $220,000
* Renting: $1,300 – $1,800/month
West Goldsmith

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West Goldsmith is a smaller community known for its quaint charm, offering a tranquil environment perfect for retirees or those seeking a peaceful lifestyle.
Characteristics of the West Goldsmith
* Culture: Tight-knit community and slower pace of life
* Transportation: Limited public transport; car necessary
* Services: Local diners, small stores, and community gatherings
* Environment: Quiet and welcoming
Housing Options in the West Goldsmith
Single-family homes, Mobile homes
Average Home Prices in the West Goldsmith
* Buying: $90,000 – $140,000
* Renting: $700 – $1,000/month
Lake Shadow Drive

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Lake Shadow Drive offers a picturesque environment with homes located near the small local lake, providing recreational opportunities for fishing and picnicking. This area is perfect for those who enjoy outdoor activities.
Characteristics of the Lake Shadow Drive
* Culture: Nature-oriented with a focus on outdoor recreational activities
* Transportation: Car essential; scenic routes and local trails
* Services: Parks and lakeside amenities, limited shopping
* Environment: Peaceful and nature-driven
Housing Options in the Lake Shadow Drive
Lakefront homes, Vacation-style homes
Average Home Prices in the Lake Shadow Drive
* Buying: $200,000 – $300,000
* Renting: $1,500 – $2,000/month
Frequently Asked Questions About the Best Residential Areas in Goldsmith:
The best residential areas in Goldsmith include Goldsmith Downtown, North Goldsmith, Golden Acres, Goldsmith South, West Goldsmith, and Lake Shadow Drive.
North Goldsmith and Goldsmith South are highly recommended for families due to their safety, proximity to schools, and community amenities.
West Goldsmith typically has the most affordable housing options for both buying and renting.
Goldsmith Downtown offers the highest concentration of shops, services, and community activities.
Yes, Goldsmith South and North Goldsmith have several new housing developments, appealing to families and young professionals.
Golden Acres specializes in larger lots and custom-built homes, ideal for those seeking more space.
Home prices in Goldsmith range from approximately $90,000 in West Goldsmith to over $300,000 in Lake Shadow Drive.
Public transportation is limited in Goldsmith, so having a car is recommended for most residents.
Residents can enjoy outdoor activities like fishing, hiking, and community events throughout Goldsmith's parks and lakes.
West Goldsmith is suited for retirees looking for a peaceful and tight-knit community.
Conclusion on the Best Residential Areas in Goldsmith:
Goldsmith, TX provides a wealth of residential options, accommodating families, retirees, and nature enthusiasts alike. Whether you prefer the vibrant community vibe of Goldsmith Downtown, the spacious lots in Golden Acres, or the tranquility of West Goldsmith, there is a suitable option for every lifestyle. Each neighborhood offers unique benefits, making the choice dependent on personal preferences regarding proximity to amenities, desired living space, and lifestyle ambiance. As Goldsmith continues to grow, residents can expect even more opportunities for a fulfilling living experience.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.