Selling a House in Monterey
Monterey is one of Lubbock's established mid-century neighborhoods, and the numbers show its age: solid house sizes, moderate appraised values, and a notably lower owner-occupancy rate than the newer subdivisions around it.
Talk through the property
Send the address, the condition, and when you would like to be done. We will tell you what we can pay and whether listing would do better.
What the roll shows for Monterey
From the July 2026 Lubbock Central Appraisal District roll, counted over improved properties in Monterey — lots with a building on them.
| Improved properties on the roll | 1,060 |
|---|---|
| Median appraised value | $205,670 |
| Typical size | 1,697 sq ft |
| Carry a homestead exemption | 55.7% |
| Without a homestead exemption | 470 |
| Owned from outside Texas | 4.6% |
| ZIP | 79424 |
Appraised values, not sale prices. Texas is a non-disclosure state, so sale prices are not public record. MLS-based figures cover listed sales but miss off-market and cash ones, and an appraisal-district value is not a market value. Every number here is a starting point, not an offer.
How Monterey compares to Southwest Lubbock
Set against the ZIP it sits in, Monterey appraises about 28% below the Southwest Lubbock median, with houses 21% smaller than the Southwest Lubbock norm, and owner-occupancy 15.4 points lower. Those three numbers together say more about what a sale here looks like than any single average does.
Where Monterey sits among Lubbock neighborhoods
Ranked against the other neighborhoods covered here, Monterey is the 3rd largest of the eighteen Lubbock neighborhoods on this site, 15th by appraised value, and 14th for owner-occupancy.
What that means if you are selling here
With a split like this, condition varies more from house to house than the averages suggest. A long-held family home and a fifteen-year rental can sit on the same street with identical bones and very different wear. That is why we will not quote a number off the subdivision average -- it would be a guess dressed up as an offer.
Streets we see most in Monterey
The roll puts most of the neighborhood on these streets: 86Th St, 85Th St, 88Th St, 87Th St. If your address is not on that list but you are in Monterey, we still buy there — the list is the densest part, not the boundary.
Common questions about selling in Monterey
Do you buy houses in Monterey?
Yes. The roll lists 1,060 improved properties in Monterey, and we look at them in any condition -- occupied, vacant, tenanted, inherited or mid-repair.
What is a house in Monterey typically worth?
The median appraised value in Monterey is about $205,670 on a typical 1,697 square feet. That is the county's appraised figure and not a sale price; Texas does not put sale prices in the public record. Treat it as a starting point.
How many Monterey houses are rentals or second homes?
About 470 of the 1,060 houses in Monterey do not carry a homestead exemption -- roughly 44%. That covers rentals, second homes, inherited property and vacant houses.
How does Monterey compare to the rest of Southwest Lubbock?
Monterey appraises at about $205,670 against $284,342 for Southwest Lubbock as a whole, with owner-occupancy of 55.7% against 71.1%.
Would I do better listing my Monterey house?
Often, yes -- and we will say so. If the house is in retail condition and you are not under time pressure, a listing usually nets more. A direct sale is worth it when speed, certainty, privacy or avoiding repairs matter more than the last few percent.
Want a number for your Monterey house?
Send the address and the condition. If a direct sale is not your best move, we will say so.