Real Estate Investing in Breckenridge, Texas (76429)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76429 (Breckenridge, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 45.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 43.2 — hard to cash-flow at these prices.
- Lower household income: $2,499 median — tenant affordability is tighter.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Breckenridge, TX (76429)?
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Market Analysis: 76429 Breckenridge
Investors eyeing 76429 need to respect the fundamentals at play. Home values of $467K come alongside slower price movement and elevated management overhead.
Looking more closely, the numbers look inviting — $467K purchase price, 0.0% nominal cap — the work to hit that pro forma in 76429 is substantial and deserves full respect.
Within TX, ZIP 76429 trails on several market indicators that neighboring Stephens County submarkets outperform. The gap is real and notable enough to shape underwriting.
Employment concentration in 76429 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. robust returns are possible in 76429, 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 Breckenridge:
Market Trends
Home Value History (with trend line)
📊 How Does 76429 Compare?
| Metric | 76429 | Breckenridge | Texas |
|---|---|---|---|
| Home Value | $467,011 | $305,588 | $297,000 |
| 5-Year CAGR | N/A | N/A | 5.4% |
| Avg Rent | $900 | $905 | - |
| Cap Rate | 1.5% | 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 76429 (Breckenridge, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $467,011 |
| Monthly Rent | $900 |
| Price-to-Rent | 43.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 5.1% |
📈 Home Appreciation
| 1-Year | +9.6% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (1.5%). 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 76429
Population: 157
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
Frequently Asked Questions
How do landlord-tenant laws work in Breckenridge, TX?
The landlord environment in Breckenridge, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How deep is the rental pool in Breckenridge, TX?
Breckenridge, TX draws a measured base of working renters. Demand at the $900/mo rent level is reasonable for standard single-family and small multi rentals.
Where do home prices stand in Breckenridge, TX?
Expect median prices around $467K in Breckenridge, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Is house hacking profitable 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.
What approach is best for Breckenridge, TX real estate?
Breckenridge, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($467K prices, $900/mo rents) make it a reasonable choice.
You know 76429 now. You don’t know where it ranks.
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