Real Estate Investing in Carbon, Texas (76435)

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

Eastland County • Population: 732 • Data updated: September 2026

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Should you buy in 76435 (Carbon, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (43/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (38/100)

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: 42.5% of homes vacant — above national norms.

• 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 Carbon, TX (76435)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $230,991
Avg Monthly Rent $1,278
1% Rule ✗ Does Not Meet
Median Income $59,792
% Renters 8.9%

Market Analysis: 76435 Carbon

Stepping back, ZIP 76435 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $231K median. It rewards specialists, not generalists.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $231K asset, 76435 is the wrong submarket. If the plan prices in friction, the yield can still work.

Within TX, ZIP 76435 trails on several market indicators that neighboring Eastland County submarkets outperform. The gap is real and durable enough to shape underwriting.

A substantial renter share of 9% in 76435 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Carbon:

B Good
Buy Confidence Score: 70/100
Affordability
15/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.9× the median income
Value Trend
Rising (+7.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,278/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.

Market Trends

Home Value History (with trend line)

$293K$274K$256K$238K$219K$201KFeb 2022May 2024Jul 2026

📊 How Does 76435 Compare?

Metric 76435 Carbon Texas
Home Value $230,991 $230,991 $297,000
5-Year CAGR N/A N/A 5.4%
Avg Rent $1,278 $1,278 -
Cap Rate 4.3% 4.3% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 76435 (Carbon, TX). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
4.3%
Fair

📊 Market Snapshot

Home Value $230,991
Monthly Rent $1,278
Price-to-Rent 15.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.6%
Cap Rate 4.3%
5-Year IRR 1.4%

📈 Home Appreciation

1-Year +7.0% ▲
3-Year CAGR -3.0% ▼
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
Negative Leverage — IRR / Tax Play Cap Rate: 4.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
42.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 76435

Population: 732

💰 Median Household Income
$59,792
This area
$59,792
State
$70,593
USA
$74,580
🏠 Renter Occupied
8.9%
This area
8.9%
State
29.5%
USA
34.0%
💼 Unemployment Rate
0.9%
This area
0.9%
State
-25.4%
USA
3.7%
🎓 College Educated
16.2%
This area
16.2%
State
-5.8%
USA
33.7%
👤 Median Age
52.2 years
This area
52.2 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
42.5%
This area
42.5%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 71.7%
Other/Mixed 28.3%
Hispanic/Latino 25.5%
👶 Under 18
25.3%
This area
25.3%
USA
22.0%
👴 65 and Over
18.7%
This area
18.7%
USA
17.3%
📊 Poverty Rate
17.6%
This area
17.6%
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

🎓 Nearby Colleges & Universities

1 Nearby 1,239 Off-Campus Students
C
Cisco College
3,001 students · 14.8 mi

Investor Insight: With 1,239 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Carbon, TX a smart market for rental property?

With a 2.0/5 investability score, Carbon, TX ranks as a solid market for rental property investors. Median prices of $231K and rents of $1,278/mo drive the underlying numbers.

Which investment style suits Carbon, TX?

Investors usually favor careful cash-flow rentals with hands-on management in Carbon, TX. With home values at $231K and rents near $1,278/mo, other strategies can work but produce consistent rather than outsized returns.

What do landlords charge for rent in Carbon, TX?

Rent in Carbon, TX is around $1,278/mo. The resulting rent-to-value relationship with $231K pricing is reasonable for most investor models.

How quickly do rentals get leased in Carbon, TX?

Vacancy risk in Carbon, TX is elevated. That supports even-keeled cash flow for typical rental holds.

What is the average home sale price in Carbon, TX?

Typical homes in Carbon, TX go for around $231K. The 5-year CAGR of 0.0% reliable price movement.

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