HousingHandbookReference data

U.S. ZIP Code · TX79336

Hockley County · Lubbock, TX

Typical home value

$162,078[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.6%
5-year / yr
+1.4%
10-year / yr
+3.1%

Relative price

vs U.S.
-42.9%
vs metro
+6.0%
vs state
-38.1%
ZIP 79336 location in TX
Location of ZIP 79336 in TX

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 79336 is worth $162,078 — 6.0% above the Lubbock, TX median. Over the past year, values have risen 2.6%. Homes here rent for a typical $1,000 a month — a 7.4% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,000[2]
Gross yield
7.4%[2]
Cap rate
4.4%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$1,409[3]

#Climate risk

FEMA National Risk Index ratings for Hockley County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Very Low
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively High
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
15,132[3]
Median household income
$61,598[3]

#Migration

Household moves in and out of Hockley County over a year, from IRS tax-return data.

Net migration
+6[5]
Moved in
620
Moved out
614

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
6
Elementary
3
Middle
1
High
1
  • LEVELLAND MIDDLE

    Middle · Grades 5–8 · LEVELLAND ISD

    775 students

  • LEVELLAND H S

    High · Grades 9–12 · LEVELLAND ISD

    759 students

  • LEVELLAND ACADEMIC BEGINNINGS CENTER

    Elementary · Grades PK–1 · LEVELLAND ISD

    532 students

  • CAPITOL EL

    Elementary · Grades 2–4 · LEVELLAND ISD

    280 students

  • SOUTH EL

    Elementary · Grades 2–4 · LEVELLAND ISD

    271 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.4%
Net yield (after ~40% expenses)4.4%
Annual rent$12,000

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$820
Loan principal$129,662
Down payment$32,416
Total interest paid$165,377

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.07
Monthly cost to own$1,072
Monthly rent$1,000

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
24th percentile[1]
Rental yield
14th percentile[2]
Property tax
13th percentile[3]

Frequently asked

How much is a home worth in ZIP code 79336?
The typical home in 79336 is worth $162,078, based on the Zillow Home Value Index.
Are home values rising in 79336?
Home values in 79336 are up 2.6% over the past year, and up 1.4% a year over five years.
What is the typical rent in 79336?
A typical home in 79336 rents for about $1,000 a month, a gross rental yield of 7.4%.
What is the property tax rate in 79336?
The effective property tax rate in 79336 is 0.9% — roughly $1,409 a year on a typical home.
Who lives in 79336?
ZIP code 79336 has a population of 15,132 and a median household income of $61,598.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Smyer, TX

    Typical home
    $166,779
    Gross yield
  • Tahoka, TX

    Typical home
    $167,081
    Gross yield
  • Lubbock, TX

    Typical home
    $153,772
    Gross yield
    9.1%
  • Lubbock, TX

    Typical home
    $152,100
    Gross yield
    8.4%
  • New Deal, TX

    Typical home
    $149,221
    Gross yield
  • Anton, TX

    Typical home
    $148,762
    Gross yield

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