Real Estate Investing in Tyler, Texas (75704)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75704 (Tyler, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 23.5% of homes vacant — above national norms.
What’s happening in Tyler, TX (75704)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 75704 Tyler
The 75704 ZIP covers a section of Tyler that demands careful diligence. Prices near $254K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $254K asset, 75704 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 75704 and stronger Tyler ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
From an investor standpoint, 9,280 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. healthy returns are possible in 75704, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Tyler:
Property Strategy for 75704
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $261,934 | $1,690 | 4.6% | +7.4% | $87,311 |
| 4BR | $336,380 | $1,870 | 4.0% | +6.7% | $84,095 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 75704 Compare?
| Metric | 75704 | Tyler | Tyler, TX | Texas |
|---|---|---|---|---|
| Home Value | $253,940 | $170,668 | N/A | $297,000 |
| 5-Year CAGR | 5.0% | 4.3% | N/A | 5.4% |
| Avg Rent | $1,272 | $1,417 | N/A | - |
| Cap Rate | 3.9% | 4.8% | - | - |
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 75704 (Tyler, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 75704 (Tyler, TX)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Smith County
Manage rentals here? List your business →Real Property Management Accurate Solutions is a property management company located in Tyler, TX. summary from their website
This domain is for sale for $5,095 or monthly payments of $212.29 for 24 months. 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 | $253,940 |
| Monthly Rent | $1,272 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +1.7% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (3.9%). 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 75704
Population: 9,280
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 75704
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 4,855 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What monthly rent should investors expect in Tyler, TX?
Average rent in Tyler, TX is approximately $1,272/mo per month. Against $254K home values that yields a reasonable rent-to-price ratio.
Do rentals sit vacant long in Tyler, TX?
Rental vacancy in Tyler, TX is elevated. Investors should budget normal turnover but not chronic empty units.
What strategy should investors use in Tyler, TX?
Investors usually favor careful cash-flow rentals with hands-on management in Tyler, TX. With home values at $254K and rents near $1,272/mo, other strategies can work but produce even-keeled rather than outsized returns.
How much does a house cost in Tyler, TX?
Homes in Tyler, TX typically sell near $254K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Is Tyler, TX a good market for FHA house hackers?
Tyler, TX offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,272/mo rent level.
You know 75704 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 75704 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 75704 ranks in Tyler, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 75704 (Tyler)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 75704 (Tyler, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.