Sell Your House Fast in New Deal, Texas

Where we buy in New Deal

New Deal sits about eleven miles north of Lubbock on I-27, in northern Lubbock County. Three exits serve it: Exit 12 at FM 1585, Exit 13 at Loop 461 — the old US 87 alignment down Monroe Avenue — and Exit 14 at FM 1729.

The town began as a loading point on the railroad laid to Lubbock in 1909. It was Monroe then, after landowner Monroe G. Abernathy, and the railroad’s identification name still reads Monroe by the tracks. In 1970 the town voted to incorporate rather than be annexed by Lubbock.

A New Deal address is not the city limits

The incorporated town is small; the mailing area is not. New Deal ISD reaches into a northern slice of Lubbock, and the volunteer fire department covers a wide stretch of the county from its station on E Main. A 79350 address on a county road is often outside the city limits.

That changes what you are selling. Inside: city water and sewer, a municipal court, a code of ordinances. Outside: unincorporated Lubbock County, no code enforcement, likely septic. Either way the paperwork runs through Lubbock: Lubbock Central Appraisal District appraises it, and the Lubbock County Clerk records the deed. The City of Lubbock permit portal does not cover New Deal.

Nobody can tell you what your house is worth

The Census Bureau publishes no median home value for New Deal — the town is too small to estimate one. Texas is also a non-disclosure state — nobody is required to report a sale price to the county, and Texas deeds almost always list only nominal consideration (“$10 and other valuable consideration”) instead of the real number. There’s no free public database where you can look up what a house actually sold for.

So we show our work: what the number is based on and what we took off for. A cash as-is offer is not full retail — a lower number in exchange for no repairs, no showings, and a date you pick.

New Deal is two markets in one town. The Census values a large group of homes here under fifty thousand dollars and another group of site-built houses in the low hundreds of thousands. Much of the stock is manufactured, and lenders will not finance an older manufactured home — so for those houses a cash buyer is the only offer that closes.

Clay under the slab, and the hail of June 2019

The ground here is heavy clay. USDA descriptions of the two big clay series on the Southern High Plains put silicate clay at 35 to 50 percent, with cracks opening from the surface down about a yard. A slab moves with that — doors stick, and plenty of houses here have had piers driven.

On June 24, 2019 the National Weather Service measured 2.75-inch hail in New Deal. They recorded hail size, not damage. But where a policy had lapsed or a claim was denied, the roof never got replaced — and a financed buyer’s lender will want it replaced first. See selling a house with water or storm damage.

When a cash offer is not your best move

• Your house is site-built, financeable and kept up, and you can wait. An agent will usually net more than we can pay.
• The repair list is cosmetic. Paint, flooring and a clean-out are worth doing yourself.
• You are a payment or two behind and can catch up. Call your servicer first — that conversation is free.
• Nobody has sorted out who can sign the deed. Start with a Texas attorney — see selling an inherited property in Texas.
• There is an open code case and you have not called City Hall. New Deal’s Structural Standards Code is Article 3.03, adopted under the authority of Chapter 214 of the Texas Local Government Code. We will not quote a day count out of it.

We are the right call when the house cannot get financed, when the repair list is longer than your cash, or when a buyer already walked. See your options for selling a house fast around Lubbock.

How our process works

1. You tell us about the house

Call 806-630-0875 or use the form. The address, roughly when it was built, and what is wrong with it.

2. We drive up and look at it

In person, off Exit 13 or Exit 14. The roof, how the foundation or blocking is sitting, and whether you are on city utilities or septic.

3. You get a number and the reasoning

With no published median and no public sale prices here, the reasoning is the only part worth anything. No is a complete answer.

4. You pick the closing date

You pick the closing date. When speed matters we can close in as little as 7 days on the right deal, and when you need longer we work to that. We cover all closing costs on purchase.

Electrum Properties has bought houses around Lubbock County since 2019, BBB accredited with an A+ rating. We sometimes close in our own name and sometimes assign the contract, and we tell you which. Jarrod Frankum holds a Texas real estate license; we aren’t acting as your real estate agent.

New Deal situations we buy in

• An inherited place on a county road — the heirs usually live in Lubbock or out of state.
• A vacant house. Empty places out here get found by the weather first.
• A rental you are done with. With almost no rental market here, one house is all headache and no scale.
• Behind on property taxes. An in-town bill stacks City of New Deal, New Deal ISD and county lines.
• Relocating into Lubbock, or code violations — inside the limits those rules come from New Deal.

Same terms in Abernathy, Idalou and Slaton. Here is how we buy houses.

Questions we get from New Deal owners

Tell us the address and what is wrong with the house. We will drive up I-27, look at it, and give you a number with the reasoning. Call or text 806-630-0875. We buy houses in New Deal, Texas 79350.