Some interesting real estate facts related to Lubbock, Texas:
Lubbock is known as the hub city of west Texas. Population in 2013 was just shy of 240,000.
Mean housing prices in 2012: All housing units:$134,871
Median gross rent in 2012: $796
In the last 5 years, home sales peaked in the 2nd quarter of 2014 at over 1200 homes with a median price of nearly $160,000.
Single-family new home costruction building permits peeked at 1316 buildings in 2003. The average cost of these homes was $132,800.
Although the Lubbock, Texas home market has seen it's share of ups and downs, it is generally perceived as remaining steady and providing a reliable long term investment.
For great info on Lubbock real estate: http://www.lubbockrealtors.com
For more information on Lubbock's great night life: http://www.visitlubbock.org/visit/nightlife/
Texas Tech University
Texas Tech University, often referred to as Texas Tech, Tech, or TTU, is a public research university in Lubbock, Texas, United States. Established on February 10, 1923, and originally known as Texas Technological College, it is the leading institution of the four-institution Texas Tech University System. The university's student enrollment is thesixth-largest in the state of Texas, as of the Fall 2014 semester. The university shares its campus with Texas Tech University Health Sciences Center, making it the only campus in Texas to house an undergraduate university, law school, and medical school at the same location.
The university offers degrees in more than 150 courses of study through 13 colleges and hosts 60 research centers and institutes. Texas Tech University has awarded over 200,000 degrees since 1927, including over 40,000 graduate and professional degrees. The Carnegie Foundation classifies Texas Tech as having "highest research activity". Research projects in the areas of epidemiology, pulsed power, grid computing, nanophotonics, atmospheric sciences, and wind energy are among the most prominent at the university. The Spanish Renaissance-themed campus, described by author James Michener as "the most beautiful west of the Mississippi until you get to Stanford", has been awarded the Grand Award for excellence in grounds-keeping, and has been noted for possessing a public art collection among the ten best in the United States.
The Texas Tech Red Raiders are charter members of the Big 12 Conference and compete in Division I for all varsity sports. The Red Raiders football team has made 36 bowl appearances, which is 17th most of any university. The Red Raiders basketball team has made 14 appearances in the NCAA Division I Tournament. Bob Knight has coached the second most wins in men's NCAA Division I basketball history and served as the team's head coach from 2001 to 2008. The Lady Raiders basketball team won the 1993 NCAA Division I Tournament. In 1999, Texas Tech's Goin' Band from Raiderland received the Sudler Trophy, which is awarded to "recognize collegiate marching bands of particular excellence".
Though the majority of the university's students originate in the southwestern United States, the school has served students from all 50 states and more than 100 countries. Texas Tech University alumni and former students have gone on to prominent careers in government, business, science, medicine, education, sports, and entertainment.