Lubbock, TX Townhome for Sale

Lubbock's rich cultural scene centers around the legacy of rock legend Buddy Holly, celebrated at both the Buddy Holly Center and the state-of-the-art Buddy Holly Hall of Performing Arts and Sciences. History comes alive at the National Ranching Heritage Center and the 12,000-year-old archaeological site at Lubbock Lake National Historic Landmark. The city features unique attractions like Prairie Dog Town in Mackenzie Park and the American Wind Power Center's extensive windmill collection. The Depot Entertainment District buzzes with nightlife, while restaurants like The West Table and The Nicolett serve contemporary American cuisine. Texas Tech University adds vibrancy with its impressive public art collection and regular events like the First Friday Art Trail.

Single family homes in Tech Terrace have a median price of $275,000, while LakeRidge Country Club Estates commands a median of $507,500. Kings Gate features single family homes with a median price of $430,000. The median price for one-bedroom condos across Lubbock is $102,000, while two-bedroom condos typically sell for $132,500. Townhomes have a median price of $199,900.

The cost of living sits 9.2% below the national average. A family with school-age children needs approximately $96,000 annually to live comfortably, while renters require about $47,000. Property taxes stand at 1.56%, and Texas has no state income tax. The combined sales tax rate is 8.20%. Groceries cost 3.4% less than the national average, with families spending about $1,500 monthly. Gas prices average $2.838 per gallon.

Education options include highly rated public schools like North Ridge Elementary and private institutions such as Christ the King Diocesan Schools and All Saints Episcopal School. Texas Tech University serves as a major employer alongside Covenant Health System and UMC Health System. The Citibus system provides public transportation throughout the city, with Texas Tech students riding free with their student ID.