Lubbock Homes under $500,000

Lubbock Homes under $500,000

Welcome to Lubbock, Texas – a vibrant city that perfectly blends Southern charm with a rich cultural heritage. Known as the "Hub City," Lubbock is not only the economic and educational center of the South Plains but also a place where community spirit thrives. With a population of over 250,000, it offers a unique mix of urban amenities and a welcoming small-town feel.

Lubbock is home to Texas Tech University, which infuses the city with youthful energy and innovation. The city boasts an array of cultural attractions, including the Buddy Holly Center, where you can explore the legacy of the rock 'n' roll legend, and the Lubbock Cultural District, filled with galleries, theaters, and museums. Nature lovers will appreciate the scenic parks and outdoor spaces, perfect for family outings or a leisurely stroll.

For homebuyers seeking value, Lubbock presents an impressive selection of homes under $500,000. Whether you’re looking for a cozy starter home, a spacious family residence, or a modern townhouse, Lubbock’s real estate market has something for everyone. With its affordable housing options, you can enjoy a comfortable lifestyle without breaking the bank.

Lubbock’s neighborhoods are diverse, each with its own unique charm, from the historic districts lined with beautiful architecture to new developments featuring contemporary designs. With a strong sense of community and a variety of amenities, Lubbock is an ideal place to call home. Discover the possibilities that await you in this dynamic city, where opportunity and affordability come together seamlessly.

Newest Lubbock Homes under $500,000

1713 32nd Street, Lubbock
$234,000
3 Beds ⋅ 3 Baths ⋅ 202613995 MLS
Discover a home full of character and a truly unique layout in Oneall Terrace! This property offers a versatile flex space that could serve as an office, den, hobby room, or whatever suits your needs. Enjoy a separate dining room and a generously sized kitchen with an additional breakfast area. The back room features its own bathroom, offering even more flexibility for a second living area or guest space. A newer metal roof adds lasting value and durability. With its distinctive floor plan and multiple flexible living spaces, this home offers plenty of possibilities to make it your own!

1713 32nd Street, Lubbock
1314 47th Street, Lubbock
$110,000
3 Beds ⋅ 2 Baths ⋅ 202613992 MLS
There's something nice about having a home with room to spread out without paying for space you may not need. With this charming home, you get three bedrooms, two baths, a one-car garage, and two separate living areas that give you options for everyday life. Hard-surface flooring runs through the main living areas, making the home practical and easy to maintain. The kitchen includes a breakfast bar for quick meals or morning coffee, along with an updated oven. Just beyond the main living space, the second living area gives you valuable flexibility. Use it as a home office, hobby room, game room, workout space, or simply another place to relax. The three-bedroom layout provides comfortable separation of space, while two full baths add convenience that can be difficult to find in this price range. Outside, the backyard offers room for outdoor activities, plus a 10x12 storage building for lawn equipment, tools, bikes, or extra household storage. The location also keeps everyday errands close to home. United Supermarkets is just minutes away, with additional shopping, dining, and services along the 50th Street corridor. Quick access to I-27 also makes it easy to reach downtown Lubbock, Texas Tech, and other parts of the city. Finding three bedrooms, two baths, two living areas, a garage, and additional backyard storage together at this price point is not easy. If those features have been on your wish list, 1314 47th Street deserves a closer look.

1314 47th Street, Lubbock
5724 Cornell Street, Lubbock
$185,000
3 Beds ⋅ 2 Baths ⋅ 202613993 MLS
Completely updated home from top to bottom ready for YOU! This home has a beautiful front, curb appeal 20/10 & new roof!! With 3 bedrooms, 2 full bathrooms, and a 2 car garage, plenty of space for storage, parking and all your furniture. Inside you will find updated flooring with luxury vinyl plank, on the countertops you have white quartz, and cabinetry is custom in kitchen and bathrooms! This location is superb, and close to highways, and Texas Tech University. If you are looking for a cute home this one is for you, come take a look ASAP!

5724 Cornell Street, Lubbock
4907 17th Street, Lubbock
$285,000
4 Beds ⋅ 3 Baths ⋅ 202613990 MLS
Welcome home! Gorgeous completely updated home in a great neighborhood. This property has 4 bedrooms, 3 full bathrooms, AND a 2 car garage! Driving up, you have a modern, fresh curb appeal with newly surfaced drive. Inside you will find neutral color scheme, high end luxury vinyl, large open living area, with kitchen, island, and quartz countertops and walk in butler pantry with sink! All the cabinets and island In the kitchen are custom as well! The wood finishes inside the home really make the place pop, and you have a mix of modern matte black and gold finishes as well. The bathrooms have great sized showers, or tub, and easy access for guests. This home is sharp, and definitely one to put on the list. Come tour ASAP!

4907 17th Street, Lubbock
12001 Juneau Avenue, Lubbock
$436,560
4 Beds ⋅ 3 Baths ⋅ 202613988 MLS
Buy NOW and get up to $14,000 Use-It-Your-Way Cash! Credit holding you back? Betenbough now offers in-house credit repair resources to help potential buyers take the next step toward qualifying. Step into timeless elegance with The Vanessa, a beautifully designed 4-bedroom, 3-bathroom home that perfectly blends luxury, comfort, and functionality. From the moment you arrive, you'll be captivated by the striking brick exterior, grand archways, and inviting oversized front porch—perfect for relaxing evenings or welcoming guests. Inside, luxury vinyl plank flooring flows seamlessly through the main living areas, enhancing the home's open-concept layout that connects the kitchen, dining, and living spaces. The heart of the home is a chef-inspired kitchen featuring granite or quartz countertops, a spacious island with bar seating, stainless steel appliances, a double oven, and a built-in microwave cabinet. Just steps away, a large enclosed butler's pantry provides additional prep space and storage, making entertaining effortless. The living room showcases a stunning floor-to-ceiling brick fireplace, creating a warm and elegant focal point. Premium plumbing and lighting fixtures throughout the home add a touch of sophistication to every space. Retreat to the secluded master suite, complete with a luxurious garden tub, walk-in shower, dual vanities, and an oversized walk-in closet with direct access to the utility room for ultimate convenience. A private guest bedroom with its own full bathroom offers comfort and privacy for visitors. Additional highlights include an oversized utility room with sink, counter space, and ample storage, as well as a covered back patio—ideal for outdoor gatherings year-round. Complete with a 2-car garage, The Vanessa floor plan is thoughtfully designed to meet modern living needs while offering timeless style and comfort. Schedule your tour today and experience this exceptional home for yourself!

12001 Juneau Avenue, Lubbock
15425 Fulton Avenue, Lubbock
$281,590
3 Beds ⋅ 2 Baths ⋅ 202613986 MLS
Buy NOW and get up to $10,000 Use-It-Your-Way Cash! Credit holding you back? Betenbough now offers in-house credit repair resources to help potential buyers take the next step toward qualifying. Welcome home to The Sarah! This three-bedroom, two-bath home offers a brick exterior and a covered front porch. The open-concept kitchen, living, and dining area features luxury vinyl plank flooring. The kitchen includes granite or quartz countertops, stainless steel appliances, a peninsula with bar seating, and a large enclosed pantry. The private primary suite has a drop-in tub, walk-in shower, dual vanities, and a walk-in closet with direct access to the utility room. Enjoy the covered back patio for additional outdoor living space.

15425 Fulton Avenue, Lubbock
13801 Fremont Avenue, Lubbock
$196,870
2 Beds ⋅ 2 Baths ⋅ 202613987 MLS
Buy NOW and get up to $7,000 Use-It-Your-Way Cash + a 5.49% interest rate with our designated preferred lender! This is only available for FHA, Conventional and VA loans with no down payment assistance. Credit holding you back? Betenbough now offers in-house credit repair resources to help potential buyers take the next step toward qualifying. This thoughtfully designed layout features a charming brick and vinyl exterior with a covered entry, luxury vinyl plank flooring throughout the main living areas, and a stylish kitchen complete with granite or quartz countertops, stainless steel appliances, and an island with bar seating. The private primary suite offers a relaxing retreat with a spacious walk-in closet, making the Victoria floor plan a perfect place to start your next chapter.

13801 Fremont Avenue, Lubbock
7003 Orlando Avenue, Lubbock
$285,000
3 Beds ⋅ 2 Baths ⋅ 202613976 MLS
Welcome home to this sweet 3 bedroom 2 bathroom home in Melonie Park! Offering 2,002 square feet of comfortable living and situated on a quiet cul-de-sac in a beautiful, established neighborhood! This home blends timeless character with updates throughout. Step inside to find fresh interior paint, beautiful luxury vinyl plank flooring, and newer carpet in the bedrooms, creating a clean, inviting feel from the moment you walk in. Outside, mature trees and great curb appeal make this home stand out and give it that warm, welcoming feel that you just cannot manufacture. Full of charm, thoughtfully refreshed, and ready for its next chapter, this home is the perfect place to put down roots! Come see all the possibilities and fall in love with a home that is ready to welcome its next family!

7003 Orlando Avenue, Lubbock
5010 Lehigh Street, Lubbock
$229,900
3 Beds ⋅ 2 Baths ⋅ 202613983 MLS
Move-In Ready Modern Living in Desirable North Pointe! Welcome to this charming and impeccably maintained 3-bedroom, 2-bathroom residence built in 2017, offering a functional, well-designed living space. Perfectly situated in one of Lubbock's most popular neighborhood communities, this property delivers a wonderful blend of contemporary style, comfort, and everyday convenience. Step inside to an inviting open-concept layout where the main living area flows seamlessly into the dining space and kitchen. Enhanced by stylish, low-maintenance luxury vinyl plank flooring, the interior feels bright, airy, and modern—providing an ideal setting for both daily relaxation and effortless entertaining. High ceilings and warm natural woodwork accentuate the open feel, while a smart thermostat adds modern energy efficiency. The functional kitchen comes well-equipped with matching appliances, generous counter space, clean cabinetry, a convenient pantry, and a breakfast bar that keeps you connected with family and guests. The private primary suite serves as a comfortable retreat, featuring cozy carpet flooring, a spacious walk-in closet, and an en-suite bathroom complete with a double vanity. Two additional well-sized bedrooms offer comfortable spaces for family members, guests, or a home office, accompanied by a clean, well-appointed second full bathroom. A dedicated utility/laundry room located on the main level adds convenience to your daily routine. Outside, the classic brick curb appeal is complemented by a private, fully fenced backyard with an automatic sprinkler system in both the front and rear yards—making outdoor upkeep a breeze. A covered rear patio provides a great spot to unwind or enjoy weekend cookouts. Additional features include an attached 2-car garage with an automatic door opener and pull-down attic stairs for extra storage. Ideally positioned in the desirable North Pointe neighborhood north of Loop 289, this home offers unbeatable access around the city. Enjoy quick, convenient commutes to Texas Tech University (TTU), the medical district including University Medical Center (UMC) and Covenant Health, as well as an array of popular local shopping, dining, and entertainment options. Zoned for Lubbock ISD schools—including nearby Centennial Elementary—this contemporary home represents incredible value. Schedule your private tour today!

5010 Lehigh Street, Lubbock
1621 149th Street, Lubbock
$237,999
3 Beds ⋅ 2 Baths ⋅ 202613982 MLS
The Aruba - This new home offers a modern and low-maintenance design. An open-concept floorplan with convenient access to a covered patio provides seamless entertaining and multitasking. All three bedrooms are tucked away to the side of the home for improved comfort and convenience, including the luxurious owner's suite with a spa-inspired bathroom and walk-in closet. Estimated Completion February 2027. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

1621 149th Street, Lubbock
3601 33rd Street, Lubbock
$195,000
3 Beds ⋅ 3 Baths ⋅ 202613975 MLS
Located on a corner lot in Lubbock's Medical District, this 3-bedroom, 3-bathroom Texas stone home offers a functional layout in a highly convenient location near Texas Tech, Covenant Hospital, and a short drive to Lubbock Christian University. Interior features include hardwood flooring, a spacious dining room, a kitchen with a freestanding gas range, dishwasher, and a separate breakfast nook, plus a dedicated laundry room and an additional bonus room that functions as a second living area or office. The exterior includes a large yard and a detached 2-car garage/shop. The property is currently tenant-occupied at $1,500 per month on a lease expiring in June 2027, making it a ready-to-go investment property.

3601 33rd Street, Lubbock
7021 25th Street, Lubbock
$279,650
3 Beds ⋅ 2 Baths ⋅ 202613743 MLS
Welcome to this absolutely GORGEOUS home, built in 2025! Beautifully maintained and exceptionally clean, this home shows true pride of ownership from the moment you arrive. You'll love the attractive curb appeal featuring a beautiful brick-and-stone front exterior and a charming archway over the front porch. Step inside to a grand entry that leads to an incredibly spacious living area filled with wonderful natural light from the south-facing windows and includes a cozy corner fireplace. The stunning kitchen is truly the heart of this home, featuring gorgeous quartz countertops, a grand center island, beautiful finishes, and an open design that makes entertaining family and friends a joy. The isolated primary suite is a wonderful retreat, complete with a gorgeous private bath and large walk-in closet. The additional bedrooms are thoughtfully located with convenient access to the hall bath. You'll appreciate the spacious laundry room area, hard-surface flooring, and wonderful storage throughout the home. Plus, enjoy the wonderful West Texas evenings on the covered back patio and the nice-sized backyard. This absolutely beautiful home is extremely clean and very well cared for - making it a must-see!

7021 25th Street, Lubbock
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