Side-by-side comparison of Lubbock, TX and Laredo, TX — cap rates, rent, prices, and investment metrics.
Cash flow: Lubbock has the edge with an estimated cap rate of 4.38% compared to Laredo's 4.05%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $185,000 in Lubbock vs $175,000 in Laredo, while rents come in at $1,120/mo and $1,020/mo respectively.
Growth & appreciation: Lubbock is growing faster at 1.1% annually vs Laredo's 1%. Lubbock leads on home value appreciation at 2.4% per year.
Costs & risk: Property taxes are 1.65% in Lubbock vs 1.7% in Laredo. Vacancy rates of 6% and 6.3% are mixed — Lubbock has the tighter rental market.
Bottom line: Lubbock edges out Laredo on most key metrics. While cap rates are moderate at 4.38%, Lubbock's overall profile is stronger. Use our free calculators to model specific deals in Lubbock or Laredo.