Real Estate Investing in Fort Worth, Texas (76116)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76116 (Fort Worth, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.1% of homes vacant — above national norms.
What’s happening in Fort Worth, TX (76116)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76116 Fort Worth
The 76116 ZIP in Fort Worth, TX is a local-operator market. Outside capital chasing a $297K entry has to pair deep knowledge with the discount.
For an experienced owner, 76116 can be a worth a close look for hunting ground — but the discount at $297K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Fort Worth have seen price recovery that 76116 has not matched. Tarrant County data supports the view that the spread is structural rather than temporary.
Demographically, 76116 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 76116 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Fort Worth:
Property Strategy for 76116
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $196,955 | $1,520 | 5.6% | +5.2% | $98,477 |
| 3BR | $276,468 | $2,010 | 5.2% | +5.8% | $92,156 |
| 4BR | $473,972 | $2,480 | 3.8% | +7.0% | $118,493 |
| 5BR | $589,322 | — | — | +8.4% | $117,864 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76116 Compare?
| Metric | 76116 | Fort Worth | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $297,034 | $271,577 | N/A | $297,000 |
| 5-Year CAGR | 3.5% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,309 | $1,583 | N/A | - |
| Cap Rate | 3.4% | 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 76116 (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 | $297,034 |
| Monthly Rent | $1,309 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | -0.6% ▼ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | +3.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 76116
Population: 49,685
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 76116
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 12,109 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Can owner-occupants cash flow in Fort Worth, TX?
For house hackers, Fort Worth, TX is a challenging. The $1,309/mo rent on a unit helps defray the mortgage on a $297K property.
What is the renter demographic in Fort Worth, TX?
Expect a solid tenant pool in Fort Worth, TX. The rental market absorbs $1,309/mo rents without meaningful friction.
What kind of market is Fort Worth, TX for investors?
With a 3.0/5 investability score, Fort Worth, TX ranks as a solid market for rental property investors. Median prices of $297K and rents of $1,309/mo drive the underlying numbers.
Is Fort Worth, TX good for landlords?
The landlord environment in Fort Worth, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Where do home prices stand in Fort Worth, TX?
In Fort Worth, TX the median home value sits at $297K. Against the broader TX market, that reads as reasonable for most investors.
You know 76116 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76116 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.
How 76116 ranks in Dallas-Fort Worth-Arlington, TX
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