Real Estate Investing in Fort Worth, Texas (76123)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76123 (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.
No major risk flags on the data we track.
What’s happening in Fort Worth, TX (76123)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76123 Fort Worth
This part of Tarrant County is not an easy win. The 76123 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
From a cash-flow lens, the numbers look inviting — $298K purchase price, 0.0% nominal cap — the work to hit that pro forma in 76123 is substantial and deserves full respect.
In the broader TX picture, 76123 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 76123 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. significant returns are possible in 76123, 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 76123
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $210,315 | $2,580 | 8.8% | +5.5% | $105,157 |
| 3BR | $267,870 | $3,400 | 9.1% | +5.7% | $89,290 |
| 4BR | $314,194 | $4,220 | 9.7% | +5.5% | $78,549 |
| 5BR | $389,405 | — | — | +5.8% | $77,881 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76123 Compare?
| Metric | 76123 | Fort Worth | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $298,117 | $271,577 | N/A | $297,000 |
| 5-Year CAGR | 2.2% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,855 | $1,583 | N/A | - |
| Cap Rate | 4.9% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76123 (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 | $298,117 |
| Monthly Rent | $1,855 |
| Price-to-Rent | 13.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | -2.1% ▼ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | -5.1% ▼ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +1.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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 76123
Population: 42,777
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 76123
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
Do landlords face vacancy issues in Fort Worth, TX?
Vacancy risk in Fort Worth, TX is elevated. That supports measured cash flow for typical rental holds.
What is the tenant pool like in Fort Worth, TX?
The renter base in Fort Worth, TX is reasonable for the $1,855/mo price point. Screening well and pricing to market typically yields steady tenants.
What real estate strategy is ideal for 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.
What does house hacking look like in Fort Worth, TX?
The house hack math a challenging in Fort Worth, TX. Owner-occupant buyers benefit from the $1,855/mo rents and $298K home values.
What is the typical home price in Fort Worth, TX?
Typical homes in Fort Worth, TX go for around $298K. The 5-year CAGR of 0.0% reliable price movement.
You know 76123 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76123 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 76123 ranks in Dallas-Fort Worth-Arlington, TX
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Community Ratings
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