Lubbock Homes under $200,000

Lubbock Homes under $200,000

Welcome to Lubbock, Texas – a vibrant city known for its rich musical heritage, friendly community, and thriving economy! Nestled in the heart of the South Plains, Lubbock is not just the birthplace of legendary musicians like Buddy Holly; it's also a city that boasts a unique blend of culture, education, and outdoor activities. With a growing population and a strong sense of community, Lubbock offers an inviting atmosphere for families, students, and professionals alike.

For those seeking affordable housing options, Lubbock presents a remarkable opportunity. Homes under $200,000 can be found throughout the city, making it an ideal location for first-time buyers or those looking to downsize. Whether you're drawn to charming bungalows, cozy townhomes, or spacious single-family residences, Lubbock's real estate market offers a variety of styles to suit every taste and budget.

The city's neighborhoods are as diverse as its residents, with each area showcasing its unique character. From the historic homes in the Depot District to the family-friendly communities in the suburbs, you’ll find a welcoming environment that feels like home. Plus, with excellent schools, parks, and recreational facilities, Lubbock is perfect for families looking to settle down.

With its affordable housing options, rich cultural scene, and a strong sense of community, Lubbock is more than just a place to live—it's a place to thrive. Explore your options today and discover why so many are choosing to call this charming Texas city home!

Newest Lubbock Homes under $200,000

4804 Detroit Avenue, Lubbock
$130,000
2 Beds ⋅ 1 Baths ⋅ 202613630 MLS

4804 Detroit Avenue, Lubbock
7511 27th Street, Lubbock
$174,900
3 Beds ⋅ 2 Baths ⋅ 202613626 MLS
FIRST HOME, NEXT HOME, OR INVESTMENT—7511 27th Street checks all the right boxes! Built in 2020 and exceptionally well maintained, this inviting 3-bedroom, 2-bath Lubbock home for sale in Upland Crossing offers the modern features buyers want with a floor plan designed for comfortable everyday living. Step inside to an open floor plan filled with abundant natural light, creating a bright and welcoming connection between the living, dining, and kitchen spaces. Updated flooring adds to the home's appeal, while granite countertops bring style and function to the kitchen. The thoughtful layout makes excellent use of the space throughout. Located in the Upland Crossing addition and Frenship ISD, this move-in-ready Lubbock home combines a charming exterior and attractive curb appeal with outstanding flexibility. Whether you're a first-time homebuyer searching for your first home, looking to downsize into a newer, easy-to-maintain property, or considering a Lubbock investment property with potential for long-term rental income and passive income, 7511 27th Street deserves a closer look. Well maintained and ready for its next chapter, 7511 27th Street offers a compelling opportunity in the Lubbock real estate market. Schedule your private showing today!

7511 27th Street, Lubbock
2803 Bates Street, Lubbock
$74,500
3 Beds ⋅ 1 Baths ⋅ 202613618 MLS
Blank canvas ready for someone with a vision! Call today

2803 Bates Street, Lubbock
2410 46th Street, Lubbock
$149,000
4 Beds ⋅ 2 Baths ⋅ 202613607 MLS
Have you been looking for an investment property or a great place to live that also generates income? Look no further! 2410 46th St is located centrally, convenient to campus, and has one vacant unit and one leased unit - each side with two bedrooms and one bathroom. This provides opportunity to update or market the vacant unit while the occupied unit generates income. The property is priced individually, but is also available as part of an investment package including 2408 46th St, 2404 46th St, and 2402 46th St.

2410 46th Street, Lubbock
2408 46th Street, Lubbock
$149,000
4 Beds ⋅ 2 Baths ⋅ 202613606 MLS
Have you been looking for an investment property or a great place to live that also generates income? Look no further! 2408 46th St is located centrally, convenient to campus, and has one vacant unit and one leased unit - each side with two bedrooms and one bathroom. This provides opportunity to update or market the vacant unit while the occupied unit generates income. The property is priced individually, but is also available as part of an investment package including 2410 46th St, 2404 46th St, and 2402 46th St.

2408 46th Street, Lubbock
2402 46th Street, Lubbock
$149,000
4 Beds ⋅ 2 Baths ⋅ 202613605 MLS
Have you been looking for an investment property or a great place to live where you can also generate income? Look no further! 2402 46th St is located centrally, convenient to campus, and has one vacant unit already ready to lease. Each side has two bedrooms and one bathroom along with a detached carport and 2-car, front parking for the property. This provides opportunity to lease and generate income with the updated unit while the other unit is renovated. The property is priced individually, but is also available as part of an investment package that can be purchased together including 2404 46th St, 2408 46th St, and 2410 46th St.

2402 46th Street, Lubbock
1319 E 16th Street, Lubbock
$115,000
3 Beds ⋅ 2 Baths ⋅ 202613604 MLS
Don't snooze on this FANTASTIC Investment Opportunity! Tenant-occupied 3/2/1 leased for $1125 per month through April 2027. Long-term tenant has been in the home since April 2024. Featuring wood-look vinyl plank flooring, open concept kitchen with stained cabinets, ceiling fans and recessed lighting. Nice-sized back yard. In addition to the one-car garage, there is an extra-large driveway for extra parking. This adorable home was built in 2019 and is in a great location on a quiet street, yet still close to shopping, restaurants, parks, and the American Windmill Museum. This really is a great opportunity, so act now!

1319 E 16th Street, Lubbock
4208 39th Street, Lubbock
$132,500
3 Beds ⋅ 2 Baths ⋅ 202613602 MLS
Fabulous 1% rule investment property! 3/2 brick home located in Maedgen, just a short drive to the Medical District and Texas Tech. Currently rented at $1,325 until 2027, 4208 39th St will make a tremendous addition to any investors portfolio. Featuring a fireplace, beautiful formica counters, carport, and a large backyard, this house has provided it's tenants a comfortable for many years. Whether you're a first time investors, or just looking to add, you won't want to miss this chance to call this property your own!

4208 39th Street, Lubbock
4611 45th Street, Lubbock
$135,500
3 Beds ⋅ 2 Baths ⋅ 202613600 MLS
If you're looking for a well-cared-for, immaculate home, this is it! This 3-bedroom, 2-bath home features custom pull-outs in the kitchen cabinets, bamboo hardwood flooring in the living room and hallway, and an insulated garage with heating and cooling. The home has been carefully maintained, including trees that are fertilized twice a year and an HVAC system serviced twice annually. Enjoy a circle driveway, mature landscaping in both the front and back yards, and a dog run in the backyard. Recent updates include a replaced sewer line, updated plumbing in the bathrooms and kitchen completed in February 2026, Electrical box updates, and a water heater replaced in 2022. This well-maintained, two-owner home is a solid investment. Don't let this home get away before you have had a chance to see it!

4611 45th Street, Lubbock
6807 Detroit Avenue, Lubbock
$135,000
3 Beds ⋅ 2 Baths ⋅ 202613597 MLS
3 bedroom 2 bathroom home conveniently located in central Lubbock. Investor opportunity - Property being sold-is

6807 Detroit Avenue, Lubbock
3722 31st Street, Lubbock
$100,000
2 Beds ⋅ 1 Baths ⋅ 202613570 MLS
Great investment opportunity! Cute home with 2 beds and one bath. Large corner lot, plenty of covered parking in the rear. Minutes from the medical district. Newer HVAC. Call today!

3722 31st Street, Lubbock
1724 28th Street, Lubbock
$165,000
3 Beds ⋅ 2 Baths ⋅ 202613567 MLS
Adorable Home in Historic Oneall Terrace! Just unique enough to make it interesting...but practical enough to make it very livable! THREE Bedrooms, THREE Living Spaces, TWO Baths~ Barn Doors separate first and second living areas- Wood laminate flooring in kitchen and dining spaces~ Gas Cooktop~ Dishwasher~ Breakfast Bar~ Refrigerator~ Washer & Dryer~ Two bedrooms and hall bath on the first floor~ Up the spiral staircase you will find a little suite...living area, bedroom, bath with separate shower~ Some New Windows~ Large Backyard, Corner Lot~ Two car carport with storage~ Close proximity to Texas Tech, this is a solid investment opportunity OR an affordable place to call HOME!

1724 28th Street, Lubbock
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