Real Estate Investing in Friona, Texas

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

1 ZIP codes • Population: 5,356 • Parmer County

☆ Watch this market Free account

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

🏠 For Homebuyers
GOOD FIT
Grade B (78/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.5% vacancy may signal weakening demand.

What’s happening in Friona, TX?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.2% 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 $172,631
Avg Monthly Rent $936
ZIP Codes 1

Investing in Friona Real Estate

Friona (Texas) spans 1 ZIPs and roughly a sizable population. decisively the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Friona is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. plainly out-of-state investors should be especially careful with the assumptions they carry in.

The $936/mo / $173K relationship in Friona looks modest once vacancy and capex are incorporated into underwriting. leans the realized yield tends to disappoint.

The 0% renter share in Friona masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

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

Do you own or manage rentals in Friona, TX?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$172,631
Avg Monthly Rent
$936
1% Rule
✗ Below
Landlord Friendly (TX)

📉 Market Crash Risk Index

Based on Hereford, TX metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Hereford, TX metro
0
Days to pending
5.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Friona, TX

Screen every ZIP in Friona

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

View Plans

Frequently Asked Questions About Friona, TX

What kind of market is Friona, TX for investors?

Our data puts Friona, TX at 3.0/5 for investability. Home prices of $173K and rents around $936/mo create a solid backdrop for investor activity.

What is the median home value in Friona, TX?

Expect median prices around $173K in Friona, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.

What do landlords charge for rent in Friona, TX?

Rent in Friona, TX is around $936/mo. The resulting rent-to-value relationship with $173K pricing is reasonable for most investor models.

Is Friona, TX a good market for FHA house hackers?

Friona, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $173K price point reasonable to enter.

What is the smart move for investors in Friona, TX?

In Friona, TX the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $173K prices and $936/mo rents suits that approach.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Friona, TX.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.