Real Estate Investing in Redwater, Texas (75573)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75573 (Redwater, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.4% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Redwater, TX (75573)?
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Market Analysis: 75573 Redwater
Not every below-median market is a bargain. Redwater's 75573 ZIP shows signals that favor experienced operators who can absorb the risk $180K pricing implies.
Stepping back, the numbers look inviting — $180K purchase price, 0.0% nominal cap — the work to hit that pro forma in 75573 is substantial and deserves full respect.
In the broader TX picture, 75573 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 75573 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 75573 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Redwater:
Market Trends
Home Value History (with trend line)
📊 How Does 75573 Compare?
| Metric | 75573 | Redwater | Texarkana, TX-AR | Texas |
|---|---|---|---|---|
| Home Value | $179,535 | $179,535 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,026 | $1,026 | N/A | - |
| Cap Rate | 4.5% | 4.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 75573 (Redwater, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $179,535 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 14.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 2.7% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | -1.8% ▼ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 75573
Population: 246
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 75573
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
Investor Insight: With 2,062 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Redwater, TX stack up for property investment?
Redwater, TX reports an investability rating of 2.0/5, with median home values near $180K and average rents around $1,026/mo. That combination puts it in the significant tier for investor interest.
What do rentals go for in Redwater, TX?
Average rent in Redwater, TX is approximately $1,026/mo per month. Against $180K home values that yields a reasonable rent-to-price ratio.
What is the rental occupancy rate in Redwater, TX?
Redwater, TX vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How strong is tenant demand in Redwater, TX?
Redwater, TX draws a steady base of working renters. Demand at the $1,026/mo rent level is reasonable for standard single-family and small multi rentals.
What is the median home value in Redwater, TX?
Typical homes in Redwater, TX go for around $180K. The 5-year CAGR of 0.0% predictable price movement.
You know 75573 now. You don’t know where it ranks.
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How 75573 ranks in Texarkana, TX-AR
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