Real Estate Investing in Lubbock, Texas (79416)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79416 (Lubbock, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.1% vacancy may signal weakening demand.
What’s happening in Lubbock, TX (79416)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79416 Lubbock
ZIP 79416 inside Lubbock County looks affordable on the surface — median value of $205K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 79416 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 79416's metrics run below Lubbock County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Stepping back, 36,461 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 79416 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Lubbock:
Property Strategy for 79416
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $155,375 | $1,290 | 6.0% | +5.1% | $77,688 |
| 3BR | $193,090 | $1,790 | 6.7% | +4.8% | $64,363 |
| 4BR | $267,891 | $2,130 | 5.7% | +4.6% | $66,973 |
| 5BR | $440,449 | — | — | +5.3% | $88,090 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 79416 Compare?
| Metric | 79416 | Lubbock | Lubbock, TX | Texas |
|---|---|---|---|---|
| Home Value | $204,546 | $94,293 | N/A | $297,000 |
| 5-Year CAGR | 3.0% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,424 | $1,217 | N/A | - |
| Cap Rate | 5.4% | 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 79416 (Lubbock, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $204,546 |
| Monthly Rent | $1,424 |
| Price-to-Rent | 12.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.4% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | -1.7% ▼ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +2.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). 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 79416
Population: 36,461
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 79416
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 1,467 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Lubbock, TX?
Typical homes in Lubbock, TX go for around $205K. The 5-year CAGR of 0.0% steady price movement.
Which real estate strategy fits Lubbock, TX?
For Lubbock, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is Lubbock, TX good for landlords?
Rental owners in Lubbock, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How strong is Lubbock, TX for real estate investors?
Investors tracking Lubbock, TX will find a 3.0/5 rating supported by $205K median home values and $1,424/mo rents. That profile suits long-term holders targeting even-keeled returns.
How qualified is the tenant pool in Lubbock, TX?
Working renters make up the core of the Lubbock, TX tenant base. The pool is reasonable for investors targeting long-term holds.
You know 79416 now. You don’t know where it ranks.
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How 79416 ranks in Lubbock, TX
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