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Market MapLubbock, TX
Metropolitan Area

Lubbock, TX

Texas02 counties
64
/100
Buy
#378 of 894 metros
Top 42% nationally for investing

Market Snapshot

$206,647
Median Home Price
15% below national median
$1,308/mo
Median Rent
6% below national median
7.59%
Rent-to-Price Ratio
Top 17% nationally
-$233
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$206,647
Down Payment (20%)$41,329
Loan Amount$165,318
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,308
Monthly P&I-$1,083
Est. Expenses (35%)-$458
Net Cash Flow-$234/mo
4.9%
Cap Rate (all cash)
-5.9%
Cash-on-Cash Return
7.59%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.9% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
64/100
64
Cash Flow(30%)
76/100

Based on 7.59% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
46/100

Based on -1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
86/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (7.59%)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)
  • +Multiple counties (2) for portfolio diversification

Challenges

  • -Declining home values (-1.0% YoY)
  • -Negative cash flow at typical financing (-$233/mo)
  • -Negative leverage (cap rate 4.9% < mortgage rate 6.9%)

Counties in Lubbock, TX

Best Overall
Lubbock
TX - Score: 65
Most Affordable
Crosby
TX - Score: 57
Verdict
LubbockTX
311,50965$208,562$1,3627.83%BuyView
CrosbyTX
5,15757$79,907Est.HoldView

Click any county to see detailed investment analysis

Compare to Similar Metros

Metro AreaVerdict
Paducah, KY
Paducah, KY
82$165,710$1,2919.35%Strong BuyView
Indiana, PA
Indiana, PA
82$158,790$1,37610.40%Strong BuyView
Connersville, IN
Connersville, IN
82$158,083Est.Strong BuyView
Enid, OK
Enid, OK
81$137,435$1,0769.39%Strong BuyView
Danville, IL
Danville, IL
81$93,319$81510.48%Strong BuyView
Current
Lubbock, TX
64$206,647$1,3087.59%Buy

The Bottom Line

BuyLubbock, TX offers solid investment potential with good cash flow or appreciation prospects.

The Lubbock, TX metro area scores 64/100, ranking #378 of 894 US metros (top 42%). The 7.59% rent-to-price ratio indicates moderate cash flow potential. Among 2 counties, Lubbock shows the strongest investment potential (score: 65).

Monthly Cash Flow
$-233/mo
Cap Rate
4.9%
Cash-on-Cash
-6.8%

Ready to Invest in Lubbock, TX?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit propertiesBest CountyLubbock
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