Real Estate Investing in Irving, Texas (75061)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75061 (Irving, TX)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Irving, TX (75061)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 75061 Irving
The 75061 ZIP covers a section of Irving that demands careful diligence. Prices near $300K look accessible, but the work to make a deal cash flow is real.
Rent of $1,331/mo on a $300K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 75061 sits below the stated 0.0% once reality is priced in.
The gap between 75061 and stronger Irving ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 75061 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Irving:
Property Strategy for 75061
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $143,520 | $1,470 | 7.4% | +8.1% | $143,520 |
| 2BR | $214,661 | $1,720 | 5.8% | +6.8% | $107,331 |
| 3BR | $291,362 | $2,170 | 5.4% | +6.0% | $97,121 |
| 4BR | $370,968 | $2,750 | 5.3% | +6.5% | $92,742 |
| 5BR | $481,862 | — | — | +7.6% | $96,372 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 75061 Compare?
| Metric | 75061 | Irving | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $299,716 | $434,723 | N/A | $297,000 |
| 5-Year CAGR | 3.8% | 4.6% | N/A | 5.4% |
| Avg Rent | $1,331 | $1,564 | N/A | - |
| Cap Rate | 3.5% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 75061 (Irving, TX). Anonymous, moderated, never written by AI.
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Property managers serving Dallas County
Manage rentals here? List your business →Accolade Property Management, Inc. is a full-service real estate management firm specializing in multifamily assets from Texas to Florida, dedicated to quality, value appreciation, and integrity. summary from their website
Blue Mountain Community Management Inc. offers HOA and condominium management services in the Portland Metro, Southern and Coastal Oregon, Seattle, and Tri-Cities areas. summary from their website
Enchill Property Management Consulting helps apartment properties fill vacancies and can build and train staff on effective property management. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $299,716 |
| Monthly Rent | $1,331 |
| Price-to-Rent | 18.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +4.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 75061
Population: 55,839
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 75061
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Which investment style suits Irving, TX?
Irving, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($300K prices, $1,331/mo rents) make it a reasonable choice.
Do landlords face vacancy issues in Irving, TX?
Irving, TX sees elevated vacancy, which is reasonable relative to the broader TX rental market.
How do landlord-tenant laws work in Irving, TX?
Irving, TX operates under TX law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
How strong is the working-renter base in Irving, TX?
Irving, TX draws a predictable base of working renters. Demand at the $1,331/mo rent level is reasonable for standard single-family and small multi rentals.
How strong are rents in Irving, TX?
Rents in Irving, TX run near $1,331/mo. Compared with median home prices of $300K that produces solid gross yields for typical rentals.
You know 75061 now. You don’t know where it ranks.
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How 75061 ranks in Dallas-Fort Worth-Arlington, TX
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