HousingHandbookReference data

U.S. ZIP Code · TX79413

Lubbock County · Lubbock, TX

Typical home value

$193,698[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.1%
5-year / yr
+3.5%
10-year / yr
+4.9%

Relative price

vs U.S.
-31.8%
vs metro
+26.7%
vs state
-26.0%
ZIP 79413 location in TX
Location of ZIP 79413 in TX

Price history

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

The typical home in 79413 is worth $193,698 — 26.7% above the Lubbock, TX median. Over the past year, values have fallen 0.1%. Homes here rent for a typical $1,407 a month — a 8.7% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
$1,407[2]
Gross yield
8.7%[2]
Cap rate
5.2%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$2,933[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
23,343[3]
Median household income
$69,400[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
7
Elementary
4
Middle
1
High
1
  • MONTEREY H S

    High · Grades 9–12 · LUBBOCK ISD

    2,081 students

  • EVANS MIDDLE

    Middle · Grades 6–8 · LUBBOCK ISD

    762 students

  • TEXAS TECH UNIVERSITY K-12

    Other · Grades K–12 · TEXAS TECH UNIVERSITY K-12

    724 students

  • MILLER EL

    Elementary · Grades PK–5 · LUBBOCK ISD

    652 students

  • PARSONS EL

    Elementary · Grades PK–5 · LUBBOCK ISD

    389 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 yield8.7%
Net yield (after ~40% expenses)5.2%
Annual rent$16,885

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$979
Loan principal$154,959
Down payment$38,740
Total interest paid$197,641

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 ratio0.98
Monthly cost to own$1,385
Monthly rent$1,407

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
72nd percentile[1]
Rental yield
50th percentile[2]
Property tax
68th percentile[3]

Frequently asked

How much is a home worth in ZIP code 79413?
The typical home in 79413 is worth $193,698, based on the Zillow Home Value Index.
Are home values rising in 79413?
Home values in 79413 are down 0.1% over the past year, and up 3.5% a year over five years.
What is the typical rent in 79413?
A typical home in 79413 rents for about $1,407 a month, a gross rental yield of 8.7%.
What is the property tax rate in 79413?
The effective property tax rate in 79413 is 1.5% — roughly $2,933 a year on a typical home.
Who lives in 79413?
ZIP code 79413 has a population of 23,343 and a median household income of $69,400.

#Comparable ZIPs

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

  • Lubbock, TX

    Typical home
    $185,700
    Gross yield
    9.6%
  • Lubbock, TX

    Typical home
    $204,370
    Gross yield
    8.4%
  • Tahoka, TX

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

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

    Typical home
    $162,078
    Gross yield
    7.4%
  • Lubbock, TX

    Typical home
    $226,154
    Gross yield
    8.0%

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