Tech Professional looking to buy Student Multiplexes in Lubbock / Near Texas Tech

Tech Professional looking to buy Student Multiplexes in Lubbock / Near Texas Tech

Member since 2025 · 2 posts · 4 votes

Hi BP Community,

I’m Yen, a professional currently working in tech/automation. I’m looking to acquire my first investment property in Lubbock, TX, specifically targeting multiplexes near Texas Tech University for student rentals.

The Strategy:

  • The Goal: Passive income via high-density student housing. I'm looking for units within "Zone B/C" (biking/driving distance) to campus where I can find better value than the high-priced "Zone A" (walking distance) properties.

Where I Need Advice:

  1. Lubbock Market: For those local to Lubbock, are there specific neighborhoods besides Tech Terrace or North Overton you'd recommend for small multifamily?
  2. Student Management: I plan to use "joint and several" leases with parent co-signers. For those in the student niche, do you recommend renting by the unit or by the room to maximize ROI in this area?
  3. University Expansion: If I were to branch out to other Texas university towns (College Station, San Marcos, etc.), which ones currently offer the best balance of entry price vs. rental demand?

I'm looking forward to connecting with local Lubbock investors and anyone who has successfully automated their deal flow!

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  • Travis TurnerBusiness Member
    Real Estate Agent · Lubbock, TX · Member since 2021 · 45 posts · 28 votes
    8mo

    Hey there! Wanted to throw in my 2 cents

    I am a local agent, and investor in the Lubbock market. What I have seen with student rentals is they are easy to rent, as long as they are on a cycle renting in May, and ending in the summer as well. So I would avoid properties that leases end in the winter months. Student guaranteed leases are pretty normal here, and shouldn't be an issue. Student rentals close to Tech are going to carry a higher price tag than other locations, and will be a little less on the cash flow side of things.

    If you want to connect, and look at some options, feel free to reach out to me! We work with investors often.


  • Will GastonPro Member
    Rental Property Investor · Columbia, SC · Member since 2010 · 1k+ posts · 2k+ votes
    8mo

    @Yen Tran this thread on student rentals may be helpful: 

    Nearing 1,000 College Tenants - Here's What I've Learned

  • Member since 2025 · 2 posts · 4 votes
    8mo

    Thank you Travis and Will, these are helpful advise!

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