Rent to Own Homes in Lubbock, TX

Lubbock, Texas, is a very family-oriented city with cultural attractions, historical places of interest and excellent schools. Lubbock is home to Lubbock Christian University and Texas Tech University, and most people here are well educated. Certain areas are filled with students and a college lifestyle, including inexpensive restaurants, late-night bars and sporting events. In other schooling news, Newsweek magazine named Lubbock High School one of the best schools in America three years in a row. Lubbock is also the birthplace of many musicians, especially those pursuing rock 'n roll or country careers. This includes Buddy Holly, Lubbock's most famous son. Despite all these fantastic amenities, housing prices are still well below the national average, but they wont stay there long. The low cost of living and the beautiful landscape attract more people every year.

Check out Lubbock, TX Craigslist homes for sale, for rent, and rent to own

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252071ca006701e9972cc5bf23f6df6c
Listing Type
For Sale By Owner
Description

4 Beds, 3 Baths

Lubbock, TX 79424

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School: Calvary Weekday School
Grocery: Market Street
Restaurant: Blue Sky Texas
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2af017223219e5af43ca1a7f765db541
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For Sale By Owner
Description

4 Beds, 3 Baths

Lubbock, TX 79416

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School: Centennial Elementary
Grocery: Stripes
Restaurant: Chicken Express
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6db001e49be13b82b48f9e09c4c871a3
Listing Type
For Sale By Owner
Description

3 Beds, 4 Baths

Lubbock, TX 79401

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School: Ramirez Charter School
Grocery: Leonard's
Restaurant: Fuzzy's Taco Shop
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12afa23e6c92d900de834fe96eb8f3a9
Listing Type
For Sale By Owner
Description

4 Beds, 4 Baths

Lubbock, TX 79424

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School: Frenship High School
Grocery: Fast Stop
Restaurant: George's
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26805542a043effa52be824566d239ab
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For Sale By Owner
Description

3 Beds, 2 Baths

Lubbock, TX 79416

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School: Rush Elementary
Grocery: Rip Griffin Co
Restaurant: Rosa's Cafe & Tortilla Factory
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B52ea107c9b784a061219c5ae0ed8bf4
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For Sale By Owner
Description

3 Beds, 2 Baths

Lubbock, TX 79423

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School: Lubbock-Cooper North El School
Grocery: Stripes
Restaurant: Conference Cafe
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A9b1cd21db114e688031fc648b6fa063
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For Sale By Owner
Description

3 Beds, 2 Baths

Lubbock, TX 79416

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School: Hardwick Elementary
Grocery: Walmart Supercenter
Restaurant: Lone Wolf Express
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3a05d0b47e3805143b34c14952cc037e
Listing Type
Auction
Description

3 Beds, 2 Baths

Lubbock, TX 79424

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School: Smith Elementary
Grocery: Stripes
Restaurant: Chili Dog Cafe
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3a8a56fa059a6ecf1dd9001059db2c3e
Listing Type
REO Foreclosure
Description

3 Beds, 1 Bath

Lubbock, TX 79403

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School: Parkway Elementary
Grocery: United Supermarkets
Restaurant: Mlk Burger
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Housing Statistics

With over 236,065 people living in Lubbock, it seems that it could get crowded. Instead, Lubbock enjoys a pretty cushy vacancy rate, allowing individuals plenty of selection when choosing a new home. Owners make up 44 percent and renters 45 percent, leaving an 11-percent vacancy rate. The median house value in 2011 was $113,500 while the median list price in the beginning of 2013 was $149,900; the median sale price was slightly lower, at $119,202, for the same time period. This means buyers should negotiate with sellers before accepting, as there may be some sale-price wiggle room. If buying a home is still out of reach, some people may consider rent to own homes. It allows many people the chance to take calculated steps towards owning in the future.

Outdoors Activities

Lubbock enjoys an astounding variety of diversions for active individuals who like to get outside and play. Mackenzie Park is the most popular place to take kids of all ages. Its home to the Joyland Amusement Park and is next door to the American Wind Powers Center, which houses over 100 historic windmills. Theres also the Brazos River and several lakes, including Lake Alan Henry and Buffalo Springs Lake, where water sports and swimming are popular in the summer. Finally, the Buddy Holly Recreation Center has a walking trail, fishing spots, and picnic tables.

Local Events and Festivals

Strong community ties are a hallmark of Lubbock, and thats easily seen in all the events it hosts annually. The Lubbock Music Festival is one of the most famous local festivals. Originally intended to honor Buddy Holly, the festival is all about music, food and goodies for the residents as well as visitors from all over the state. The Memorial Civic Center hosts dozens of events throughout the year. Finally, the National Cowboy Symposium & Celebration celebrates all things country, western and cowboy.

Neighborhoods

There are 45 total neighborhoods in Lubbock, Texas, and each one offers something unique. Though some areas are geared more towards student life, others are predominantly family friendly. Here are a few of the most popular communities:

South Lubbock: South Lubbock includes neighborhoods like Kings Park, Lakeridge, Ballenger and Dunbar. Its a fairly walkable area, depending on the specific subdivision, and there are many well-educated people here with higher incomes than the Lubbock average. Rental houses, however, are a bit cheaper, and there are several up-and-coming neighborhoods to consider. Points of interest include the LakeRidge Country Club, in business since 1979, and Adrianne K Hamilton Park.

North Lubbock: The north has neighborhoods like Guadalupe, Jackson, Clayton Carter and Skywell. Its the closest area to the Lubbock International Airport, making it ideal for folks who travel often for business or personal affairs. It has a lower density of people, as its farther from the center of the city, as well as a more diverse population. You'll find a wide variety of restaurants here, including Fuzzy's Taco Shop, Raising Cane's, and Gardski's Loft.

East Lubbock: This part of town includes neighborhoods like Harwell and North Overton as well as the downtown area. Its surprisingly spread out, considering how close to the city's center it is. Incomes are on par with the Lubbock average, and rents are a bit lower. There are more families and fewer students here too. This area is home to the Downtown Art Market, The Louise Hopkins Underwood Art Center, and the Buddy Holly Center.

West Lubbock: The neighborhoods include Arnett Benson, Coronado and Texas Tech. As suggested by the Texas Tech moniker, this area is popular with students who attend the university that carries the same name. Its very walkable and has lots of amenities, though parties might be an issue for families who prefer quieter areas. There are more renters than owners here. Restaurants include River Smith's Chicken and Catfish, Wingstop, and Cafe J.