Real Estate Investing in Pampa, Texas

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

2 ZIP codes • Population: 19,580 • Gray County

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

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (57/100)

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
  • High vacancy: 18.9% of homes vacant — above national norms.

What’s happening in Pampa, TX?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.3% 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 $54,539
Avg Monthly Rent $927
ZIP Codes 2

Investing in Pampa Real Estate

Pampa, TX covers 2 ZIP codes and a population but the investment metrics here are tepid — this is not a market to enter casually.

Across Pampa's 2 ZIPs, fundamentals run lackluster: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

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

Population dynamics in Pampa haven't been supportive. a challenging fit for combined with thin income growth, the demographic backdrop complicates any purely financial underwriting.

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 Pampa, TX. Anonymous, moderated, never written by AI.

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Avg Home Value
$54,539
Avg Monthly Rent
$927
1% Rule
✓ Passes
Landlord Friendly (TX)

📉 Market Crash Risk Index

Based on Pampa, 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

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☀️ Warm Market — Pampa, TX metro
0
Days to pending
5.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Pampa, TX

Screen every ZIP in Pampa

Filter Pampa’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 Pampa, TX

What is the typical home price in Pampa, TX?

Median home price in Pampa, TX is near $55K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.

Are eviction rules reasonable in Pampa, TX?

Pampa, TX operates under TX law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

What do landlords charge for rent in Pampa, TX?

Investors in Pampa, TX typically see rents near $927/mo per month against $55K home values - a solid setup for rental cash flow.

What is the best play in Pampa, TX?

The best-fit strategy in Pampa, TX is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What is the renter demographic in Pampa, TX?

The renter base in Pampa, TX is reasonable for the $927/mo price point. Screening well and pricing to market typically yields reliable tenants.

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