Real Estate Investing in Mineral Wells, Texas (76067)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76067 (Mineral Wells, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.0% of homes vacant — above national norms.
What’s happening in Mineral Wells, TX (76067)?
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Market Analysis: 76067 Mineral Wells
Not every below-median market is a bargain. Mineral Wells's 76067 ZIP reports signals that favor experienced operators who can absorb the risk $208K pricing implies.
Turning to rents, the numbers look inviting — $208K purchase price, 0.0% nominal cap — the work to hit that pro forma in 76067 is substantial and deserves full respect.
ZIP 76067's metrics run below Palo Pinto County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 76067 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 76067 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Mineral Wells:
Property Strategy for 76067
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $144,010 | $1,080 | 5.4% | +9.1% | $72,005 |
| 3BR | $227,583 | $1,420 | 4.5% | +8.6% | $75,861 |
| 4BR | $298,590 | $1,820 | 4.4% | +8.8% | $74,647 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76067 Compare?
| Metric | 76067 | Mineral Wells | Mineral Wells, TX | Texas |
|---|---|---|---|---|
| Home Value | $208,424 | $208,424 | N/A | $297,000 |
| 5-Year CAGR | 3.4% | 3.4% | N/A | 5.4% |
| Avg Rent | $1,187 | $1,187 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76067 (Mineral Wells, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $208,424 |
| Monthly Rent | $1,187 |
| Price-to-Rent | 14.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (4.4%). 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 76067
Population: 20,906
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 76067
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
How strong is tenant demand in Mineral Wells, TX?
The renter base in Mineral Wells, TX is reasonable for the $1,187/mo price point. Screening well and pricing to market typically yields measured tenants.
How strict are landlord regulations in Mineral Wells, TX?
TX law landlord-friendly for landlords, and Mineral Wells inherits those rules. Investors should still review local ordinances for rental licensing.
Does house hacking make sense in Mineral Wells, TX?
House hacking in Mineral Wells, TX is a challenging. With home values around $208K and rents at $1,187/mo, owner-occupants can offset a meaningful share of PITI.
What monthly rent should investors expect in Mineral Wells, TX?
Rent in Mineral Wells, TX is around $1,187/mo. The resulting rent-to-value relationship with $208K pricing is reasonable for most investor models.
What is the rental occupancy rate in Mineral Wells, TX?
Vacancy risk in Mineral Wells, TX is elevated. That supports stable cash flow for typical rental holds.
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How 76067 ranks in Mineral Wells, TX
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