Real Estate Investing in Elkhart, Texas (75839)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75839 (Elkhart, 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: 18.3% 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 Elkhart, TX (75839)?
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Market Analysis: 75839 Elkhart
The 75839 ZIP covers a section of Elkhart that demands careful diligence. Prices near $254K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 75839 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 75839 sits on the difficult end of the TX spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 75839 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. durable returns are possible in 75839, 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 Elkhart:
Market Trends
Home Value History (with trend line)
📊 How Does 75839 Compare?
| Metric | 75839 | Elkhart | Palestine, TX | Texas |
|---|---|---|---|---|
| Home Value | $254,449 | $254,449 | N/A | $297,000 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 5.4% |
| Avg Rent | $1,089 | $1,089 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 75839 (Elkhart, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $254,449 |
| Monthly Rent | $1,089 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.3%). 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 75839
Population: 6,577
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 75839
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 house hacking profitable in Elkhart, TX?
House hacking works a challenging in Elkhart, TX. Rents of $1,089/mo against $254K acquisition make the strategy solid for owner-occupants.
What is the smart move for investors in Elkhart, TX?
Most investors in Elkhart, TX run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What are rental rates like in Elkhart, TX?
Average rent in Elkhart, TX is approximately $1,089/mo per month. Against $254K home values that yields a reasonable rent-to-price ratio.
How strict are landlord regulations in Elkhart, TX?
Elkhart, TX operates under TX law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
What is the average home sale price in Elkhart, TX?
Typical homes in Elkhart, TX go for around $254K. The 5-year CAGR of 0.0% consistent price movement.
You know 75839 now. You don’t know where it ranks.
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How 75839 ranks in Palestine, TX
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