Real Estate Investing in Carthage, Texas

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 12,999 • Panola County

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Should you buy in Carthage, TX? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (53/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 24.9% of homes vacant — above national norms.

What’s happening in Carthage, TX?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $202,867
Avg Monthly Rent $900
ZIP Codes 1

Investing in Carthage Real Estate

With a sizable population across 1 ZIPs, Carthage shows the kind of muted fundamentals that keep most out-of-state capital on the sidelines.

The investment case for Carthage is difficult to make on screen data alone. better suited elsewhere for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Market conditions in Carthage are sluggish. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Demographics in Carthage show real pressure — median income of $N/AK is sluggish relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Carthage, TX. Anonymous, moderated, never written by AI.

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Avg Home Value
$202,867
Avg Monthly Rent
$900
1% Rule
✗ Below
Landlord Friendly (TX)

🎓 Colleges & Universities in Carthage

1 College 2,356 Students 358 Off-Campus Renters
C+
Panola College
2-Year Public · 2,356 students
📍 ~358 students rent off-campus

ZIP Codes in Carthage, TX

Screen every ZIP in Carthage

Filter Carthage’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Carthage, TX

What do rentals go for in Carthage, TX?

Average rent in Carthage, TX is approximately $900/mo per month. Against $203K home values that yields a reasonable rent-to-price ratio.

Where do home prices stand in Carthage, TX?

Carthage, TX median home values land near $203K. That is reasonable territory for investors looking at $900/mo-per-month rentals.

What is the best play in Carthage, TX?

For Carthage, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Do rentals sit vacant long in Carthage, TX?

Rental vacancy in Carthage, TX is elevated. Investors should budget normal turnover but not chronic empty units.

Can I live-in-and-rent in Carthage, TX?

The house hack math a challenging in Carthage, TX. Owner-occupant buyers benefit from the $900/mo rents and $203K home values.

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