Real Estate Investing in Lubbock, Texas (79412)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79412 (Lubbock, TX)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.6% vacancy may signal weakening demand.
What’s happening in Lubbock, TX (79412)?
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Market Analysis: 79412 Lubbock
The 79412 ZIP covers a section of Lubbock that demands careful diligence. Prices near $120K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 79412 can be a worth a close look for hunting ground — but the discount at $120K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Lubbock have seen price recovery that 79412 has not matched. Lubbock County data supports the view that the spread is structural rather than temporary.
A notable renter share of 51% in 79412 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Lubbock's stable or hybrid ZIPs before stepping into 79412. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Lubbock:
Property Strategy for 79412
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $77,725 | $1,080 | 10.0% | +3.8% | $38,862 |
| 3BR | $126,835 | $1,500 | 8.5% | +3.1% | $42,278 |
| 4BR | $173,106 | $1,760 | 7.3% | +4.3% | $43,277 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 79412 Compare?
| Metric | 79412 | Lubbock | Lubbock, TX | Texas |
|---|---|---|---|---|
| Home Value | $120,097 | $94,293 | N/A | $297,000 |
| 5-Year CAGR | 1.5% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,040 | $1,217 | N/A | - |
| Cap Rate | 6.8% | 6.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79412 (Lubbock, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $120,097 |
| Monthly Rent | $1,040 |
| Price-to-Rent | 9.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.4% |
| Cap Rate | 6.8% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | -2.9% ▼ |
| 5-Year CAGR | +1.5% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 Rent Trends
| 1-Year | +14.5% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.8%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 79412
Population: 15,275
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 79412
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
SLATON MIDDLE
BEAN EL
BETTY M CONDRA SCHOOL FOR EDUCATION INNOVATION
OVERTON EL
WHEELOCK EL
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 1,467 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Lubbock, TX a good investment right now?
Our data puts Lubbock, TX at 3.0/5 for investability. Home prices of $120K and rents around $1,040/mo create a solid backdrop for investor activity.
What is the smart move for investors in Lubbock, TX?
Investors usually favor careful cash-flow rentals with hands-on management in Lubbock, TX. With home values at $120K and rents near $1,040/mo, other strategies can work but produce reliable rather than outsized returns.
What is the typical renter like in Lubbock, TX?
Tenant demand in Lubbock, TX is solid. The local workforce $1,040/mo rents across most rental classes.
Is Lubbock, TX suited for a house hack?
House hacking in Lubbock, TX is reasonable to execute. Prices around $120K and rents of $1,040/mo solid owner-occupant economics.
What do rentals go for in Lubbock, TX?
Lubbock, TX rentals go for roughly $1,040/mo a month. That puts gross yield in solid territory relative to $120K acquisition costs.
You know 79412 now. You don’t know where it ranks.
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How 79412 ranks in Lubbock, TX
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