Lubbock TX · Live MLS

Homes for Sale in Lubbock, TX Under $250,000

Every active Lubbock-area home under $250,000 pulled straight from the MLS. Starter homes, investor picks, and rentable duplexes — refreshed daily.

This is the most competitive slice of the Lubbock market. First-time buyers, investors, and downsizers all shop here, and the good ones vanish in a week.

I know which streets flood, which flips are hiding real problems, and which listings under $250k are quiet gems. Text me for a same-day walk-through — I'll flag issues before you write an offer.

AC

By Adam Cavazos, Texas Realtor®

Aycock Realty Group · Lubbock, TX · Licensed & active

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Frequently asked questions

What can I buy in Lubbock for under $250,000?

Under $250k in Lubbock typically buys a 3-bed, 2-bath home between 1,200 and 1,700 sq ft in North Pointe, Melonie Park, Preston Manor, and older sections of Southwest and East Lubbock. Great starter-home and rental territory.

Is $250k enough for a first home in Lubbock?

Yes. With 5% down and current rates, the payment lands in the mid-$1,600s per month including taxes and insurance. Plenty of Lubbock buyers land their first home in this band.

Are homes under $250k good rental investments?

Yes — this is where most Lubbock buy-and-hold investors shop. Rent typically runs $1,400–$1,800 depending on beds/baths and school zone. I partner with South Plains PM for turnkey management.

How fast do sub-$250k Lubbock homes sell?

Well-priced homes go under contract in 5–14 days. Investors compete with owner-occupants here, so being pre-approved and moving fast matters.

Do sub-$250k homes qualify for FHA or VA loans?

Almost always. Most homes under $250k in Lubbock are well inside FHA and VA loan limits and typically pass FHA inspection with minor repairs.

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