Real Estate Investing in Fort Worth, Texas (76244)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76244 (Fort Worth, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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 (76244)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76244 Fort Worth
Not every below-median market is a bargain. Fort Worth's 76244 ZIP comes in at signals that favor experienced operators who can absorb the risk $385K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $385K asset, 76244 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within TX, ZIP 76244 trails on several market indicators that neighboring Tarrant County submarkets outperform. The gap is real and significant enough to shape underwriting.
The demographic picture in 76244 includes headwinds that any investor should price in. Income distribution skews lower than Fort Worth averages, and tenant stability requires active management.
New investors are better served looking at Fort Worth's stable or hybrid ZIPs before stepping into 76244. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Fort Worth:
Property Strategy for 76244
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $235,935 | $2,340 | 7.1% | +5.5% | $117,967 |
| 3BR | $335,910 | $3,090 | 6.6% | +6.0% | $111,970 |
| 4BR | $398,711 | $3,820 | 6.9% | +6.0% | $99,678 |
| 5BR | $506,039 | — | — | +6.6% | $101,208 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76244 Compare?
| Metric | 76244 | Fort Worth | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $385,310 | $271,577 | N/A | $297,000 |
| 5-Year CAGR | 3.1% | 3.5% | N/A | 5.4% |
| Avg Rent | $2,133 | $1,583 | N/A | - |
| Cap Rate | 4.3% | 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 76244 (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 | $385,310 |
| Monthly Rent | $2,133 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +3.1% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +3.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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 76244
Population: 75,149
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 76244
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
Frequently Asked Questions
Is Fort Worth, TX a good place for real estate investing?
Fort Worth, TX rates 3.0/5 for investability. With median values at $385K and rents near $2,133/mo, the market offers reasonable fundamentals for rental investors.
What is it like being a landlord in Fort Worth, TX?
Fort Worth, TX operates under TX law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.
Are rents high in Fort Worth, TX?
Investors in Fort Worth, TX typically see rents near $2,133/mo per month against $385K home values - a solid setup for rental cash flow.
Are there empty rentals in Fort Worth, TX?
Expect elevated vacancy in Fort Worth, TX. Rents at $2,133/mo are absorbed by the tenant base without meaningful lag.
Does a duplex house hack pencil in Fort Worth, TX?
Fort Worth, TX offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,133/mo rent level.
You know 76244 now. You don’t know where it ranks.
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How 76244 ranks in Dallas-Fort Worth-Arlington, TX
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