Real Estate Investing in Fort Worth, Texas (76164)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76164 (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: 9.8% vacancy may signal weakening demand.
What’s happening in Fort Worth, TX (76164)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76164 Fort Worth
ZIP 76164 inside Tarrant County looks affordable on the surface — median value of $189K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $189K asset, 76164 is the wrong submarket. If the plan prices in friction, the yield can still work.
Meanwhile, 76164 offers a low basis, the region around Fort Worth has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 76164 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 76164 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Fort Worth:
Property Strategy for 76164
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $166,566 | $1,360 | 5.9% | +8.2% | $83,283 |
| 3BR | $177,194 | $1,790 | 7.3% | +6.7% | $59,065 |
| 4BR | $231,857 | $2,220 | 6.9% | +6.3% | $57,964 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76164 Compare?
| Metric | 76164 | Fort Worth | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $189,185 | $271,577 | N/A | $297,000 |
| 5-Year CAGR | 4.9% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,628 | $1,583 | N/A | - |
| Cap Rate | 6.7% | 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 76164 (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 | $189,185 |
| Monthly Rent | $1,628 |
| Price-to-Rent | 9.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.3% |
| Cap Rate | 6.7% |
| 5-Year IRR | 11.6% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +9.7% ▲ |
🏠 Rent Trends
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 76164
Population: 13,134
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 76164
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
DIAMOND HILL EL
HELBING EL
IM TERRELL ACADEMY FOR STEM AND VPA
KIRKPATRICK MIDDLE
LUCYLE COLLINS MIDDLE
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 rentals sit vacant long in Fort Worth, TX?
Rental vacancy in Fort Worth, TX is elevated. Investors should budget normal turnover but not chronic empty units.
Is Fort Worth, TX good for house hacking?
House hacking in Fort Worth, TX is a challenging. With home values around $189K and rents at $1,628/mo, owner-occupants can offset a meaningful share of PITI.
Which investment style suits Fort Worth, TX?
A careful cash-flow rentals with hands-on management strategy Fort Worth, TX best. The market produces stable results for that approach at the $189K price point.
Are homes affordable in Fort Worth, TX?
Fort Worth, TX home values average about $189K. That price point suits investors targeting rentals with $1,628/mo in monthly income.
What is the investability score for Fort Worth, TX?
Fort Worth, TX shows an investability rating of 3.0/5, with median home values near $189K and average rents around $1,628/mo. That combination puts it in the substantial tier for investor interest.
You know 76164 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76164 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 76164 ranks in Dallas-Fort Worth-Arlington, TX
Every ZIP in this metro, ranked. Free.
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