Real Estate Investing in Fort Worth, Texas (76120)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76120 (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.
- Elevated vacancy: 10.4% vacancy may signal weakening demand.
What’s happening in Fort Worth, TX (76120)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76120 Fort Worth
ZIP 76120 inside Tarrant County looks affordable on the surface — median value of $321K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 76120 can be a a viable market for hunting ground — but the discount at $321K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 76120 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A healthy renter share of 52% in 76120 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. resilient returns are possible in 76120, 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 Fort Worth:
Property Strategy for 76120
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $204,496 | $1,620 | 5.7% | +7.2% | $102,248 |
| 3BR | $294,593 | $2,140 | 5.2% | +6.6% | $98,198 |
| 4BR | $357,410 | $2,650 | 5.3% | +6.3% | $89,352 |
| 5BR | $443,014 | — | — | — | $88,603 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76120 Compare?
| Metric | 76120 | Fort Worth | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $320,942 | $271,577 | N/A | $297,000 |
| 5-Year CAGR | 3.9% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,186 | $1,583 | N/A | - |
| Cap Rate | 2.9% | 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 76120 (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 | $320,942 |
| Monthly Rent | $1,186 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +1.7% ▲ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | -9.4% ▼ |
| 3-Year CAGR | -4.1% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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 76120
Population: 20,031
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 76120
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
WIMBISH WORLD LANGUAGE ACADEMY
ATWOOD MCDONALD EL
EAST HANDLEY EL
JEAN MCCLUNG MIDDLE
POPE EL
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
Is Fort Worth, TX a good place for real estate investing?
Fort Worth, TX reports an investability rating of 3.0/5, with median home values near $321K and average rents around $1,186/mo. That combination puts it in the durable tier for investor interest.
How much do tenants pay in Fort Worth, TX?
Rent in Fort Worth, TX is around $1,186/mo. The resulting rent-to-value relationship with $321K pricing is reasonable for most investor models.
What is the best play in Fort Worth, TX?
For Fort Worth, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Are there empty rentals in Fort Worth, TX?
Vacancy in Fort Worth, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,186/mo.
Does house hacking work in Fort Worth, TX?
House hacking works a challenging in Fort Worth, TX. Rents of $1,186/mo against $321K acquisition make the strategy solid for owner-occupants.
You know 76120 now. You don’t know where it ranks.
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How 76120 ranks in Dallas-Fort Worth-Arlington, TX
Every ZIP in this metro, ranked. Free.
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