Real Estate Investing in Nevada, Texas (75173)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75173 (Nevada, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.7% of homes vacant — above national norms.
- 1-year downturn: Values declined 7.4% in the last year.
What’s happening in Nevada, TX (75173)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 75173 Nevada
This part of Collin is not an easy win. The 75173 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
From an investor standpoint, the numbers look inviting — $339K purchase price, 0.0% nominal cap — the work to hit that pro forma in 75173 is substantial and deserves full respect.
Nearby ZIPs in Nevada have seen price recovery that 75173 has not matched. Collin data supports the view that the spread is structural rather than temporary.
Who lives in 75173 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 75173 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Nevada:
Property Strategy for 75173
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $353,631 | $2,170 | 4.4% | +7.4% | $117,877 |
| 4BR | $396,249 | $2,750 | 5.0% | +8.6% | $99,062 |
| 5BR | $423,431 | — | — | — | $84,686 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 75173 Compare?
| Metric | 75173 | Nevada | Texas |
|---|---|---|---|
| Home Value | $339,261 | $339,261 | $297,000 |
| 5-Year CAGR | 2.2% | 2.2% | 5.4% |
| Avg Rent | $1,950 | $1,950 | - |
| Cap Rate | 4.5% | 4.5% | - |
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 75173 (Nevada, TX). Anonymous, moderated, never written by AI.
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Property managers serving Collin County
Manage rentals here? List your business →North Texas Property Management offers residential property management services for rental properties and single-family homes in Plano, McKinney, and Allen. summary from their website
Park One Properties provides property management services and leasing. summary from their website
Plano Property Management offers property management services in Plano. 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 | $339,261 |
| Monthly Rent | $1,950 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | -7.4% ▼ |
| 3-Year CAGR | -2.9% ▼ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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 75173
Population: 9,284
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 75173
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
What is the investability score for Nevada, TX?
Nevada, TX posts an investability rating of 3.0/5, with median home values near $339K and average rents around $1,950/mo. That combination puts it in the significant tier for investor interest.
What strategy should investors use in Nevada, TX?
Investors usually favor careful cash-flow rentals with hands-on management in Nevada, TX. With home values at $339K and rents near $1,950/mo, other strategies can work but produce reliable rather than outsized returns.
What price range are homes in Nevada, TX?
Median home price in Nevada, TX is near $339K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
Is rental property easy to operate in Nevada, TX?
Landlord-friendliness in Nevada, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How high is vacancy risk in Nevada, TX?
Vacancy risk in Nevada, TX is elevated. That supports consistent cash flow for typical rental holds.
You know 75173 now. You don’t know where it ranks.
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