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. Every loan is business-purpose only, on investment property, and terms are subject to underwriting. See loan programs or talk to us.

Question 2

How do property taxes work on a Lubbock investment property?

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

Are short-term rentals allowed in the city of Lubbock?

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

What's driving the Lubbock market right now?

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

Why work with a direct lender instead of a bank in this market?

Accepted Answer

Speed matches the calendar this market runs on. 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.

Lubbock Hard Money and Investor Loans

A steady market, not a boom-bust one

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

Cheap to build, zero impact fees

Loan programs in Lubbock

Lubbock lending questions

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