The story of this market
The typical home in ZIP 79366 sells for about $450,000, or $185 per square foot.
Prices are up +1.8% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $2,100 a month.
ZIP 79366 — Ransom Canyon
The Ransom Canyon housing market remains stable with high median household incomes and low inventory driving consistent property values. Demand is supported by the area's unique lifestyle appeal, though limited land availability restricts significant new development. Market conditions reflect a steady, low-turnover environment typical of an established, affluent residential enclave.
This ZIP is ideal for affluent families and retirees seeking a quiet, gated, lake-front lifestyle away from the urban density of Lubbock.
Median prices moved up 1.8% year over year.
Homes spend a median of 52 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 1.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 79366, Lubbock County TX
Ransom Canyon is a gated community with a very low crime rate, significantly safer than the surrounding Lubbock metropolitan area.
Students in this ZIP are served by the Slaton Independent School District, which maintains a stable academic reputation within the region.
The area is primarily concerned with wind and hail risks common to the South Plains, with specific flood risks managed near the canyon and lake areas.
Development is limited by the town's geography and status as a residential enclave, with minimal commercial expansion planned.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents typically commute by car to Lubbock, which is approximately a 15-20 minute drive via FM 835.
The area is defined by Ransom Canyon Lake, offering boating, fishing, and scenic trails, with limited shopping located within the immediate ZIP.
The rental market is extremely limited due to the low inventory of multi-family housing and the prevalence of owner-occupied single-family homes.
The economy is primarily residential, with residents largely employed in professional services, healthcare, and education sectors in nearby Lubbock.
Public transit is not available; the area is entirely dependent on private vehicle transportation.
No major commercial or infrastructure developments are currently approved or under construction within the ZIP.
The Lubbock Central Appraisal District manages assessments for all properties in the county.
Parcels are subject to Slaton ISD taxes and local municipal assessments for the Town of Ransom Canyon.
Property insurance premiums are influenced by regional wind and hail exposure common to the Texas Panhandle/South Plains.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Blazing Bouncers / Arcave4.59.7 mi
- Adventure Park4.113.9 mi
- MaxxAir Trampoline Park4.215.9 mi
- Chuck E. Cheese3.914.8 mi
- Water Rampage3.616.2 mi
- United Supermarkets Arena4.712.4 mi
- Galaxy Stadium4.711.8 mi
- Lubbock Memorial Civic Center4.710.6 mi
- Golden Corral Buffet & Grill413.7 mi
- Science Spectrum & OMNI Theater4.611.3 mi
- Cinemark Tinseltown Lubbock and XD4.511.1 mi
- Science Spectrum & OMNI Theater4.611.3 mi
- Blazing Bouncers / Arcave4.59.7 mi
- Prairie Dog Town4.610 mi
- Mackenzie Main City Park4.510.1 mi
- Science Spectrum & OMNI Theater4.611.3 mi
- Museum at Texas Tech University4.712.5 mi
- National Ranching Heritage Center4.812.4 mi
- Buddy Holly Center4.69.9 mi
- American Windmill Museum4.88.9 mi
- Buffalo Springs Lake42.4 mi
- Prairie Dog Town4.610 mi
- Mackenzie Main City Park4.510.1 mi
- Mae Simmons Park4.58.7 mi
- Maxey Park4.513 mi
- Buffalo Springs Lake4.31.4 mi
- Buffalo Springs Lake4.31.4 mi
- Meadowbrook Golf Club3.610.1 mi
- La Super Economica Meat Market4.311.6 mi
- Kohl's4.212 mi
- Sprouts Farmers Market4.412.8 mi
- Ross Dress for Less4.211.4 mi
- The National Flea Market4.311.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The central feature of the community, providing recreational water access.
A community hub for local gatherings and events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.