Real Estate Investing in Gilmer, Texas (75644)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75644 (Gilmer, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gilmer, TX (75644)?
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Market Analysis: 75644 Gilmer
Investors eyeing 75644 need to respect the fundamentals at play. Home values of $222K come alongside slower price movement and elevated management overhead.
Rent of $1,008/mo on a $222K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 75644 sits below the stated 0.0% once reality is priced in.
Regionally, 75644 sits on the difficult end of the TX spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
A sturdy renter share of 26% in 75644 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 75644 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 Gilmer:
Property Strategy for 75644
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $145,215 | $1,120 | 5.6% | +6.3% | $72,607 |
| 3BR | $225,627 | $1,500 | 4.8% | +7.2% | $75,209 |
| 4BR | $273,543 | $1,580 | 4.2% | +7.2% | $68,386 |
Market Trends
Home Value History (with trend line)
📊 How Does 75644 Compare?
| Metric | 75644 | Gilmer | Texas |
|---|---|---|---|
| Home Value | $221,827 | $250,460 | $297,000 |
| 5-Year CAGR | 3.6% | 4.4% | 5.4% |
| Avg Rent | $1,008 | $1,080 | - |
| Cap Rate | 3.5% | 3.4% | - |
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 75644 (Gilmer, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $221,827 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.5% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (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 75644
Population: 12,785
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 75644
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.
Frequently Asked Questions
Are homes affordable in Gilmer, TX?
Gilmer, TX home values average about $222K. That price point suits investors targeting rentals with $1,008/mo in monthly income.
What do rentals go for in Gilmer, TX?
Average rent in Gilmer, TX is approximately $1,008/mo per month. Against $222K home values that yields a reasonable rent-to-price ratio.
What kind of tenants rent in Gilmer, TX?
Gilmer, TX offers a measured renter base at the $1,008/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is rental property easy to operate in Gilmer, TX?
The landlord environment in Gilmer, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is Gilmer, TX good for house hacking?
House hacking in Gilmer, TX is a challenging. With home values around $222K and rents at $1,008/mo, owner-occupants can offset a meaningful share of PITI.
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