Real Estate Investing in Colmesneil, Texas (75938)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 75938 (Colmesneil, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 40.6% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.8% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Colmesneil, TX (75938)?
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Market Analysis: 75938 Colmesneil
ZIP 75938 in Colmesneil, TX carries a significant set of headwinds. Home values near $184K and rents of $873/mo sit inside a market where underwriting has to be tight.
The investment case in 75938 is durable only for operators who understand what they are buying. A $184K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Colmesneil have seen price recovery that 75938 has not matched. Tyler County data supports the view that the spread is structural rather than temporary.
Who lives in 75938 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. durable returns are possible in 75938, 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 Colmesneil:
Market Trends
Home Value History (with trend line)
📊 How Does 75938 Compare?
| Metric | 75938 | Colmesneil | Texas |
|---|---|---|---|
| Home Value | $184,212 | $184,212 | $297,000 |
| 5-Year CAGR | 0.8% | 0.8% | 5.4% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 3.7% | 3.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 75938 (Colmesneil, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $184,212 |
| Monthly Rent | $873 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 4.5% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | +0.8% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 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 (3.7%). 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 75938
Population: 2,456
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 75938
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
What is the typical renter like in Colmesneil, TX?
Colmesneil, TX offers a steady renter base at the $873/mo rent level. Tenant turnover is reasonable for well-managed properties.
How does Colmesneil, TX stack up for property investment?
Colmesneil, TX reports an investability rating of 2.0/5, with median home values near $184K and average rents around $873/mo. That combination puts it in the solid tier for investor interest.
Can I house hack in Colmesneil, TX?
Colmesneil, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $184K price point reasonable to enter.
Does Colmesneil, TX favor landlords or tenants?
Rental owners in Colmesneil, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What do rentals go for in Colmesneil, TX?
Average rent in Colmesneil, TX is approximately $873/mo per month. Against $184K home values that yields a reasonable rent-to-price ratio.
You know 75938 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 75938 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.
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