Real Estate Investing in Fort Worth, Texas (76040)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76040 (Fort Worth, TX)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
What’s happening in Fort Worth, TX (76040)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76040 Fort Worth
Stepping back, ZIP 76040 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $358K median. It rewards specialists, not generalists.
The 76040 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Fort Worth have seen price recovery that 76040 has not matched. Tarrant County data supports the view that the spread is structural rather than temporary.
The demographic picture in 76040 includes headwinds that any investor should price in. Income distribution skews lower than Fort Worth averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 76040 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Fort Worth:
Property Strategy for 76040
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $246,358 | $1,550 | 4.5% | +5.1% | $123,179 |
| 3BR | $325,520 | $2,050 | 4.5% | +6.1% | $108,507 |
| 4BR | $418,364 | $2,530 | 4.4% | +6.3% | $104,591 |
| 5BR | $484,141 | — | — | +6.5% | $96,828 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76040 Compare?
| Metric | 76040 | Fort Worth | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $357,823 | $271,577 | N/A | $297,000 |
| 5-Year CAGR | 4.1% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,392 | $1,583 | N/A | - |
| Cap Rate | 3.0% | 4.6% | - | - |
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 76040 (Fort Worth, TX). Anonymous, moderated, never written by AI.
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Property managers serving Tarrant County
Manage rentals here? List your business →1st Choice Property Management provides residential and commercial property management services in Fort Worth, including tenant screening, rent collection, and maintenance. summary from their website
All County Group offers full-service residential property management in Fort Worth, TX and surrounding areas, focusing exclusively on maximizing rental property revenue for owners. summary from their website
Bridge Residential Property Services, LLC provides residential property services. 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 | $357,823 |
| Monthly Rent | $1,392 |
| Price-to-Rent | 21.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +4.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 76040
Population: 31,172
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 76040
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 4,751 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average monthly rent in Fort Worth, TX?
Rent in Fort Worth, TX is around $1,392/mo. The resulting rent-to-value relationship with $358K pricing is reasonable for most investor models.
Does Fort Worth, TX favor landlords or tenants?
Fort Worth, TX operates under TX law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
Is Fort Worth, TX a good place for real estate investing?
Yes - Fort Worth, TX a 3.0/5 investability score. With $358K home prices against $1,392/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is vacancy a concern in Fort Worth, TX?
Expect elevated vacancy in Fort Worth, TX. Rents at $1,392/mo are absorbed by the tenant base without meaningful lag.
Is Fort Worth, TX suited for a house hack?
For house hackers, Fort Worth, TX is a challenging. The $1,392/mo rent on a unit helps defray the mortgage on a $358K property.
You know 76040 now. You don’t know where it ranks.
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How 76040 ranks in Dallas-Fort Worth-Arlington, TX
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