Real Estate Investing in Fort Worth, Texas (76119)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76119 (Fort Worth, TX)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.6% vacancy may signal weakening demand.
- Elevated poverty: 20.4% poverty rate — can affect rent collection.
What’s happening in Fort Worth, TX (76119)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76119 Fort Worth
The 76119 ZIP in Fort Worth, TX is a local-operator market. Outside capital chasing a $196K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 76119 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 76119 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A resilient renter share of 46% in 76119 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 76119 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 76119
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $157,496 | $1,400 | 6.4% | +7.3% | $78,748 |
| 3BR | $184,689 | $1,850 | 7.2% | +6.5% | $61,563 |
| 4BR | $257,489 | $2,290 | 6.4% | +6.6% | $64,372 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76119 Compare?
| Metric | 76119 | Fort Worth | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $196,002 | $271,577 | N/A | $297,000 |
| 5-Year CAGR | 4.2% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,198 | $1,583 | N/A | - |
| Cap Rate | 4.8% | 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 76119 (Fort Worth, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 76119 (Fort Worth, TX)?
~25 seconds · no account needed · your report is anonymous
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 | $196,002 |
| Monthly Rent | $1,198 |
| Price-to-Rent | 13.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.8% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +10.3% ▲ |
🏠 Rent Trends
| 1-Year | -22.2% ▼ |
| 3-Year CAGR | -7.8% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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 76119
Population: 53,062
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 76119
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
Are homes affordable in Fort Worth, TX?
Typical homes in Fort Worth, TX go for around $196K. The 5-year CAGR of 0.0% even-keeled price movement.
Is Fort Worth, TX landlord-friendly?
Landlord-friendliness in Fort Worth, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the typical vacancy rate in Fort Worth, TX?
Rental vacancy in Fort Worth, TX is elevated. Investors should budget normal turnover but not chronic empty units.
Can I house hack in Fort Worth, TX?
The house hack math a challenging in Fort Worth, TX. Owner-occupant buyers benefit from the $1,198/mo rents and $196K home values.
Which investment style suits Fort Worth, TX?
Most investors in Fort Worth, 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.
You know 76119 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76119 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 76119 ranks in Dallas-Fort Worth-Arlington, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 76119 (Fort Worth)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 76119 (Fort Worth, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.