Real Estate Investing in Breckenridge, Texas (76424)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76424 (Breckenridge, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 24.8% of homes vacant — above national norms.
- Declining values: -2.3% 5-year CAGR — values have moved lower.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Breckenridge, TX (76424)?
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Market Analysis: 76424 Breckenridge
Looking more closely, ZIP 76424 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $144K median. It rewards specialists, not generalists.
From a cash-flow lens, the numbers look inviting — $144K purchase price, 0.0% nominal cap — the work to hit that pro forma in 76424 is substantial and deserves full respect.
Within TX, ZIP 76424 trails on several market indicators that neighboring Stephens County submarkets outperform. The gap is real and solid enough to shape underwriting.
Who lives in 76424 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 76424 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Breckenridge:
Property Strategy for 76424
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $193,071 | $1,310 | 4.9% | +7.2% | $64,357 |
| 4BR | $257,469 | $1,490 | 4.2% | +8.2% | $64,367 |
Market Trends
Home Value History (with trend line)
📊 How Does 76424 Compare?
| Metric | 76424 | Breckenridge | Texas |
|---|---|---|---|
| Home Value | $144,166 | $305,588 | $297,000 |
| 5-Year CAGR | N/A | N/A | 5.4% |
| Avg Rent | $909 | $905 | - |
| Cap Rate | 4.9% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76424 (Breckenridge, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $144,166 |
| Monthly Rent | $909 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 2.6% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | -4.1% ▼ |
| 5-Year CAGR | -2.3% ▼ |
| 10-Year CAGR | +1.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
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 76424
Population: 8,626
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 76424
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.
Frequently Asked Questions
Is Breckenridge, TX a good place for real estate investing?
Breckenridge, TX scores 3.0/5 for investability. Home values sit at $144K and rents near $909/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the tenant pool like in Breckenridge, TX?
Tenant quality in Breckenridge, TX ranks as solid. Landlords generally report reliable occupancy at market rents of $909/mo.
How much is rent in Breckenridge, TX?
Investors in Breckenridge, TX typically see rents near $909/mo per month against $144K home values - a solid setup for rental cash flow.
What are vacancy rates like in Breckenridge, TX?
Expect elevated vacancy in Breckenridge, TX. Rents at $909/mo are absorbed by the tenant base without meaningful lag.
Can owner-occupants cash flow in Breckenridge, TX?
The a challenging house-hack environment in Breckenridge, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 76424 now. You don’t know where it ranks.
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