HousingHandbookReference data

U.S. ZIP Code · TX79412

Lubbock County · Lubbock, TX

Typical home value

$120,884[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.9%
5-year / yr
+1.8%
10-year / yr
+4.7%

Relative price

vs U.S.
-57.4%
vs metro
-21.0%
vs state
-53.8%
ZIP 79412 location in TX
Location of ZIP 79412 in TX

Price history

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

The typical home in 79412 is worth $120,884 — 21.0% below the Lubbock, TX median. Over the past year, values have fallen 3.9%. Homes here rent for a typical $989 a month — a 9.8% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent
$989[2]
Gross yield
9.8%[2]
Cap rate
5.9%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$1,520[3]

#Climate risk

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

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

#Who lives here

Population
15,018[3]
Median household income
$48,878[3]

#Migration

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

Net migration
+360[5]
Moved in
7,881
Moved out
7,521

Schools

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

Public schools
8
Elementary
4
Middle
1
High
3
  • ATKINS MIDDLE

    Middle · Grades 6–8 · LUBBOCK ISD

    507 students

  • BAYLESS EL

    Elementary · Grades PK–5 · LUBBOCK ISD

    465 students

  • BROWN EL

    Elementary · Grades PK–3 · LUBBOCK ISD

    291 students

  • HODGES EL

    Elementary · Grades PK–5 · LUBBOCK ISD

    267 students

  • TRIUMPH PUBLIC HIGH SCHOOLS-LUBBOCK

    High · Grades 9–12 · TRIUMPH PUBLIC HIGH SCHOOLS-LUBBOCK

    171 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 yield9.8%
Net yield (after ~40% expenses)5.9%
Annual rent$11,866

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$611
Loan principal$96,708
Down payment$24,177
Total interest paid$123,345

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 ratio0.85
Monthly cost to own$839
Monthly rent$989

Owning is meaningfully cheaper month-to-month.

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
40th percentile[1]
Rental yield
71st percentile[2]
Property tax
39th percentile[3]

Frequently asked

How much is a home worth in ZIP code 79412?
The typical home in 79412 is worth $120,884, based on the Zillow Home Value Index.
Are home values rising in 79412?
Home values in 79412 are down 3.9% over the past year, and up 1.8% a year over five years.
What is the typical rent in 79412?
A typical home in 79412 rents for about $989 a month, a gross rental yield of 9.8%.
What is the property tax rate in 79412?
The effective property tax rate in 79412 is 1.3% — roughly $1,520 a year on a typical home.
Who lives in 79412?
ZIP code 79412 has a population of 15,018 and a median household income of $48,878.

#Comparable ZIPs

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

  • Post, TX

    Typical home
    $115,762
    Gross yield
  • Lorenzo, TX

    Typical home
    $104,198
    Gross yield
  • Lubbock, TX

    Typical home
    $102,730
    Gross yield
    14.0%
  • Lubbock, TX

    Typical home
    $101,805
    Gross yield
    10.5%
  • Sundown, TX

    Typical home
    $140,268
    Gross yield
  • Lubbock, TX

    Typical home
    $101,111
    Gross yield
    12.6%

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