Metropolitan Area

Lubbock, TX

Texas0
70
/100
Buy
#220 of 894 metros
Top 24% nationally for investing

Market Snapshot

$213,766
Median Home Price
16% below national median
$1,420/mo
Median Rent
2% above national median
7.97%
Rent-to-Price Ratio
Top 11% nationally
-$198
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

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

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20%
5%50%100%

Purchase

Purchase Price$213,766
Down Payment (20%)$42,753
Loan Amount$171,013
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,420
Monthly P&I-$1,121
Est. Expenses (35%)-$497
Net Cash Flow-$198/mo
5.2%
Cap Rate (all cash)
-4.8%
Cash-on-Cash Return
7.97%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 5.2% 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.

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Score Breakdown

Overall Investment Score
70/100
70
Cash Flow(30%)
80/100

Based on 7.97% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
67/100

Based on 2.0% 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%)
84/100

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 (7.97%)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Negative leverage (cap rate 5.2% < mortgage rate 6.9%)

Counties in Lubbock, TX

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Coffeyville, KS
Coffeyville, KS
85$101,366$86210.20%Strong BuyView
Blytheville, AR
Blytheville, AR
84$115,156$1,06411.08%Strong BuyView
Roanoke Rapids, NC
Roanoke Rapids, NC
84$107,523$1,07712.02%Strong BuyView
Enid, OK
Enid, OK
83$144,157$1,25010.40%Strong BuyView
Houghton, MI
Houghton, MI
83$194,696$1,73310.68%Strong BuyView
Current
Lubbock, TX
70$213,766$1,4207.97%Buy

Rent vs buy in this metro

Rent vs buy in Lubbock, TXMedian $208,879 · rent $1,308/mo

The Bottom Line

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

The Lubbock, TX metro area scores 70/100, ranking #220 of 894 US metros (top 24%). The 7.97% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow
$-198/mo
Cap Rate
5.2%
Cash-on-Cash
-5.5%

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