Question 1

Do you lend in the Lubbock metro?

Accepted Answer

Yes. We lend across Lubbock, Wolfforth, Shallowater, Slaton, Idalou, Abernathy, Ransom Canyon, and Levelland. We are headquartered in Bee Cave, outside Austin, and fund deals with our own capital. Every loan is business-purpose only, on investment property, and terms are subject to underwriting. See how we lend across Texas or talk to us.

Question 2

What does the Lubbock ISD, Frenship, and Lubbock-Cooper split do to my tax bill?

Accepted Answer

Plan on roughly 1.77% to 2.43% of value a year, and the school district decides most of the spread. Every parcel in Lubbock County carries the same county-wide base of about 0.43 per $100 of value (the county, the UMC hospital district, and a water district). Inside the city of Lubbock, a parcel in Lubbock ISD totals about 1.77%, while the same city rate paired with Frenship ISD runs about 2.06% and Lubbock-Cooper ISD about 2.07%, a roughly 30-basis-point swing for identical city services, worth about $625 a year on a $215,000 rental. Suburb stacks run higher: Wolfforth is about 2.43% and Shallowater about 2.26%. There is no homestead exemption or 10% homestead cap on investment property. Confirm the parcel's own districts with the Lubbock Central Appraisal District, and talk to your CPA or attorney about your specific situation.

Question 3

Lubbock permits and taxes short-term rentals. Can I count STR income on a deal here?

Accepted Answer

The city registers and taxes short-term rentals, but do not underwrite STR income on a Lubbock property sight unseen. Lubbock runs a short-term rental permit and hotel-occupancy-tax portal, and the reported municipal hotel occupancy tax rate is 7%, on top of the state's 6%. Zoning eligibility is a separate question, and the secondary sources we found disagree on how the city's Unified Development Code treats short-term rentals in residential districts, so we are not publishing a zoning rule here. Confirm eligibility for the specific parcel with the city before underwriting STR income.

Question 4

Does Texas Tech's record enrollment carry the Lubbock market, or is there more to it?

Accepted Answer

A flagship university and two hospital systems, not a boom. Texas Tech enrolled 42,272 students in fall 2025, its fourth straight record year, and only first-year students are required to live on campus, which keeps refreshing off-campus rental demand. The local economic development alliance puts healthcare at close to 17% of the city's employment, anchored by UMC Health System and Covenant Health, serving a regional population it puts near 2 million. Metro population has grown roughly 1% a year with no down year in the recent series, and unemployment has run 3.5% to 3.7% for the past year. None of that is a boom; it is the kind of steady demand base that does not swing hard in a rate cycle.

Question 5

Lubbock County foreclosure sales run one day a month. Can a bank close on that calendar?

Accepted Answer

Usually not, and that is where speed earns its keep. Texas forecloses non-judicially, with sales held the first Tuesday of every month at the county courthouse, so distressed inventory in Lubbock County arrives on a fixed, short funding window that a bank timeline cannot clear. Median days on market ran 46 in July 2026, faster than the Texas statewide average of 65, so a slow close also costs you the resale window on the back end. As a direct lender funding with our own capital, we can move at the pace this market needs. Apply now. Subject to underwriting.

Question 6

Which Lubbock loan programs have a credit score floor, and which do not?

Accepted Answer

Only some of them do. Our asset-based loans, fix and flip, bridge, and ground-up construction, have no minimum score in Lubbock; we run credit, but it carries far less weight than at a bank, and weaker credit is usually handled with lower leverage rather than a decline. DSCR and bank statement loans start at 640, conventional investment starts at 580, and transactional funding has no credit check at all. There is no hard pull to start. Subject to underwriting.

Question 7

At Lubbock's $214,267 mid-tier value, what does each program ask you to bring?

Accepted Answer

It depends on the program, and Lubbock prices keep the check small. Fix and flip funds up to 90% of purchase plus up to 100% of rehab, so a $215,000 Lubbock buy is about $21,500 down (215,000 x 90% = 193,500). DSCR and conventional run up to 80% LTV, so the same purchase is $43,000 down (215,000 x 80% = 172,000). Ground-up construction funds up to 85% of cost. With the metro mid-tier value at $214,267, those percentages are a fraction of the capital a DFW or Austin deal ties up. Subject to underwriting.

Question 8

Can a sub-$150,000 Slaton or Levelland house clear your minimum loan amount?

Accepted Answer

Not on its own. The floor is $100,000 on most programs. Fix and flip, DSCR, and bank statement loans all start there. SBA starts at $350,000 and portfolio loans at $500,000. That floor is worth watching in this metro, since Slaton and Levelland stock sits under $150,000 and a single low-basis door can land beneath it. Bring us the purchase price and, on a flip, the rehab budget with it. Subject to underwriting.

Lubbock Hard Money and Investor Loans

A steady market, not a boom-bust one

Entry points from under $150,000 to $392,000

Lower-cost to build, zero impact fees

Loan programs in Lubbock

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