Real Estate Investing in Lamesa, Texas

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 11,751 • Dawson County

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Should you buy in Lamesa, TX? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
STRONG
4.0 / 5 (86/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 14.8% of homes vacant — above national norms.
  • Declining values: -0.9% 5-year CAGR — values have moved lower.
  • Elevated poverty: 21.9% poverty rate — can affect rent collection.

What’s happening in Lamesa, TX?

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4.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $115,046
Avg Monthly Rent $1,521
ZIP Codes 1

Investing in Lamesa Real Estate

Across 1 ZIPs and a population near, Lamesa is a classic value-add market in Texas: tired inventory, motivated sellers, and room for forced appreciation.

Lamesa is a forced-appreciation market. The thesis isn't that prices rise on their own — it's that an investor with capex and a contractor can create value the broader market will pay for.

Rent growth in Lamesa is modest at the aggregate level but strong inside specific segments — namely units that have been brought up to current standards. That delta is the investor thesis.

The demographic base in Lamesa is what makes the BRRRR math work — enough income at $N/AK to absorb upgraded rents, and enough renters at 0% to fill the units.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Lamesa, TX. Anonymous, moderated, never written by AI.

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Avg Home Value
$115,046
Avg Monthly Rent
$1,521
1% Rule
✓ Passes
Landlord Friendly (TX)

📉 Market Crash Risk Index

Based on Lamesa, TX metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

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☀️ Warm Market — Lamesa, TX metro
0
Days to pending
8.6%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Lamesa, TX

Screen every ZIP in Lamesa

Filter Lamesa’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Lamesa, TX

Does the 1% rule work in Lamesa, TX?

Yes, many Lamesa, TX properties clear the 1% rule. The rent-to-price ratio averages, supported by $1,521/mo rents.

Is Lamesa, TX a good market for buy-and-hold investors?

Lamesa, TX scores 4.0/5 for investability. Home values sit at $115K and rents near $1,521/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Are there BRRRR deals in Lamesa, TX?

Investors running BRRRR in Lamesa, TX see a strong outcomes. Deal flow and rehab execution matter more than the macro here.

What is the typical rental rate in Lamesa, TX?

Expect rents around $1,521/mo per month in Lamesa, TX. With home values at $115K, the yield math works out to reasonable levels for rental investors.

Is house hacking profitable in Lamesa, TX?

For house hackers, Lamesa, TX is an attractive. The $1,521/mo rent on a unit helps defray the mortgage on a $115K property.

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