How to Get a DSCR Loan on a Lubbock Duplex or Fourplex
A Lubbock duplex or fourplex falls below the agency five-unit floor, so it is financed as a business-purpose DSCR loan to an entity. The local trap is fiscal: Texas appraisal districts value property at market as of January 1 every year with no acquisition-based freeze, so underwriting the seller's tax bill can turn a 1.28x deal into a 1.12x deal. Here is the coverage math, the submarkets, and the September 2026 pricing tape.
Texas Markets · · 11 min read