Real Estate Investing in Centerville, Texas (75833)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75833 (Centerville, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 35.4% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.7% CAGR).
- 1-year downturn: Values declined 4.5% in the last year.
- High price-to-rent: Price-to-rent ratio 26.7 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Centerville, TX (75833)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 75833 Centerville
Meanwhile, ZIP 75833 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $289K median. It rewards specialists, not generalists.
For an experienced owner, 75833 can be a an appealing option for hunting ground — but the discount at $289K reflects genuine risk that outside investors often underestimate.
ZIP 75833's metrics run below Leon County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 75833 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
leans 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 Centerville:
Market Trends
Home Value History (with trend line)
📊 How Does 75833 Compare?
| Metric | 75833 | Centerville | Texas |
|---|---|---|---|
| Home Value | $288,682 | $288,682 | $297,000 |
| 5-Year CAGR | 0.7% | 0.7% | 5.4% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 2.4% | 2.4% | - |
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 75833 (Centerville, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 75833 (Centerville, TX)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $288,682 |
| Monthly Rent | $900 |
| Price-to-Rent | 26.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 3.2% |
📈 Home Appreciation
| 1-Year | -4.5% ▼ |
| 3-Year CAGR | -2.4% ▼ |
| 5-Year CAGR | +0.7% ▲ |
| 10-Year CAGR | +3.3% ▲ |
🏠 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 (2.4%). 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 75833
Population: 3,143
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 75833
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
Is Centerville, TX a smart market for rental property?
The 2.0/5 investability rating in Centerville, TX reflects its $289K prices and $900/mo rents. Investors generally consider it a solid option within TX.
What is the average monthly rent in Centerville, TX?
Expect rents around $900/mo per month in Centerville, TX. With home values at $289K, the yield math works out to reasonable levels for rental investors.
How strong is the working-renter base in Centerville, TX?
Tenant demand in Centerville, TX is solid. The local workforce $900/mo rents across most rental classes.
Does a duplex house hack pencil in Centerville, TX?
The a challenging house-hack environment in Centerville, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Do rentals sit vacant long in Centerville, TX?
Expect elevated vacancy in Centerville, TX. Rents at $900/mo are absorbed by the tenant base without meaningful lag.
You know 75833 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 75833 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.
AI Market Advisor
Ask questions about investing in 75833 (Centerville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 75833 (Centerville, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.