Real Estate Investing in Lubbock, Texas (79367)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79367 (Lubbock, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 15.4% of homes vacant — above national norms.
- Elevated poverty: 22.1% poverty rate — can affect rent collection.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lubbock, TX (79367)?
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Market Analysis: 79367 Lubbock
ZIP 79367 inside Hockley County looks affordable on the surface — median value of $166K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 79367 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 79367 sits on the difficult end of the TX spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 79367 includes headwinds that any investor should price in. Income distribution skews lower than Lubbock averages, and tenant stability requires active management.
Strategy in 79367 is an operator game, not a passive one. On the rental side, entry prices of $166K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Lubbock:
Market Trends
Home Value History (with trend line)
📊 How Does 79367 Compare?
| Metric | 79367 | Lubbock | Levelland, TX | Texas |
|---|---|---|---|---|
| Home Value | $165,625 | $94,293 | N/A | $297,000 |
| 5-Year CAGR | N/A | 2.6% | N/A | 5.4% |
| Avg Rent | $918 | $1,217 | N/A | - |
| Cap Rate | 4.3% | 6.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79367 (Lubbock, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $165,625 |
| Monthly Rent | $918 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 5.0% |
📈 Home Appreciation
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 79367
Population: 602
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 79367
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,094 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Lubbock, TX?
Median home price in Lubbock, TX is near $166K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
What is the typical rental rate in Lubbock, TX?
Expect rents around $918/mo per month in Lubbock, TX. With home values at $166K, the yield math works out to reasonable levels for rental investors.
Can I live-in-and-rent in Lubbock, TX?
Lubbock, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $166K price point reasonable to enter.
Is TX a landlord-friendly state?
TX law landlord-friendly for landlords, and Lubbock inherits those rules. Investors should still review local ordinances for rental licensing.
Is it easy to find good tenants in Lubbock, TX?
Lubbock, TX offers a consistent renter base at the $918/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 79367 now. You don’t know where it ranks.
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How 79367 ranks in Levelland, TX
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