Real Estate Investing in Bowie, Texas (76230)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Montague County • Population: 9,885 • Data updated: September 2026

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Should you buy in 76230 (Bowie, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 23.8% of homes vacant — above national norms.

What’s happening in Bowie, TX (76230)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $239,476
Avg Monthly Rent $1,400
1% Rule ✗ Does Not Meet
Median Income $68,301
% Renters 20.3%

Market Analysis: 76230 Bowie

ZIP 76230 in Bowie, TX carries a notable set of headwinds. Home values near $239K and rents of $1,400/mo sit inside a market where underwriting has to be tight.

The 76230 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

ZIP 76230's metrics run below Montague County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

A sturdy renter share of 20% in 76230 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategically, 76230 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Bowie:

B Good
Buy Confidence Score: 70/100
Affordability
20/25
Appreciation
18/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Declining (-0.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,400/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 76230

Which property type performs best in this market?

Best for Cash Flow
2BR
5.2% cap rate
Best for Appreciation
2BR
+10.0% 5yr CAGR
Best Overall Value
3BR
$80,675/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $168,636 $1,220 5.2% +10.0% $84,318
3BR $242,025 $1,700 5.1% +9.2% $80,675
4BR $327,653 $1,800 4.0% +8.8% $81,913

Market Trends

Home Value History (with trend line)

$255K$224K$194K$163K$132K$101KNov 2011Mar 2019Jul 2026

Rent History (with trend line)

No data available

📊 How Does 76230 Compare?

Metric 76230 Bowie Texas
Home Value $239,476 $239,476 $297,000
5-Year CAGR 3.5% 3.5% 5.4%
Avg Rent $1,400 $1,400 -
Cap Rate 4.6% 4.6% -
💡 Why Invest in 76230? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 76230 (Bowie, TX). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.6%
Fair
5yr Growth
+3.5%
Moderate

📊 Market Snapshot

Home Value $239,476
Monthly Rent $1,400
Price-to-Rent 14.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.0%
Cap Rate 4.6%
5-Year IRR 8.1%

📈 Home Appreciation

1-Year -0.3% ▼
3-Year CAGR -0.4% ▼
5-Year CAGR +3.5% ▲
10-Year CAGR +6.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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.

Vacancy
23.8%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.5%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 76230

Population: 9,885

💰 Median Household Income
$68,301
This area
$68,301
State
$70,593
USA
$74,580
🏠 Renter Occupied
20.3%
This area
20.3%
State
29.5%
USA
34.0%
💼 Unemployment Rate
0.9%
This area
0.9%
State
-25.4%
USA
3.7%
🎓 College Educated
15.2%
This area
15.2%
State
-5.8%
USA
33.7%
👤 Median Age
44.1 years
This area
44.1 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
23.8%
This area
23.8%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 91.8%
Other/Mixed 7.0%
Hispanic/Latino 3.5%
Black/African American 1.2%
👶 Under 18
23.2%
This area
23.2%
USA
22.0%
👴 65 and Over
22.2%
This area
22.2%
USA
17.3%
📊 Poverty Rate
4.9%
This area
4.9%
USA
11.5%

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 76230

B+ Avg School Grade
5 Schools
12.9:1 Avg Class Size
$12,807 Avg Per Pupil

Schools in This ZIP Code

A Very Good

GOLD BURG SCHOOL

📚 Pre-K – 12 K-12
👥
155 Students
👨‍🏫
10.0:1 Class Size
💰
$16,285 Per Student
B+ Above Average

BOWIE EL

📚 Pre-K – 02 Elementary
👥
388 Students
👨‍🏫
13.1:1 Class Size
💰
$11,938 Per Student
B+ Above Average

BOWIE H S

📚 09 – 12 High School
👥
493 Students
👨‍🏫
13.7:1 Class Size
💰
$11,938 Per Student
B+ Above Average

BOWIE INT

📚 03 – 05 Elementary
👥
342 Students
👨‍🏫
14.2:1 Class Size
💰
$11,938 Per Student
B+ Above Average

BOWIE J H

📚 06 – 08 Middle
👥
344 Students
👨‍🏫
13.7:1 Class Size
💰
$11,938 Per Student
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.

Frequently Asked Questions

Should investors consider Bowie, TX?

With a 3.0/5 investability score, Bowie, TX ranks as a solid market for rental property investors. Median prices of $239K and rents of $1,400/mo drive the underlying numbers.

How should investors approach Bowie, TX?

In Bowie, TX the significant play is typically careful cash-flow rentals with hands-on management. The combination of $239K prices and $1,400/mo rents suits that approach.

What is the median home value in Bowie, TX?

Typical homes in Bowie, TX go for around $239K. The 5-year CAGR of 0.0% reliable price movement.

What is the typical vacancy rate in Bowie, TX?

Bowie, TX vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How strong is the working-renter base in Bowie, TX?

The renter base in Bowie, TX is reasonable for the $1,400/mo price point. Screening well and pricing to market typically yields stable tenants.

You know 76230 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 76230 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.

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