Real Estate Investing in Graford, Texas (76449)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76449 (Graford, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 62.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 61.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Graford, TX (76449)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76449 Graford
ZIP 76449 in Graford, TX carries a notable set of headwinds. Home values near $645K and rents of $873/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 76449 can be a a solid fit for hunting ground — but the discount at $645K reflects genuine risk that outside investors often underestimate.
ZIP 76449's metrics run below Palo Pinto County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A substantial renter share of 13% in 76449 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 76449 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.
Here's what matters if you're considering buying a home in Graford:
Property Strategy for 76449
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $377,960 | $970 | 1.8% | +8.4% | $188,980 |
| 3BR | $575,594 | $1,270 | 1.6% | +7.5% | $191,865 |
| 4BR | $1,013,326 | $1,640 | 1.2% | +9.6% | $253,332 |
Market Trends
Home Value History (with trend line)
📊 How Does 76449 Compare?
| Metric | 76449 | Graford | Mineral Wells, TX | Texas |
|---|---|---|---|---|
| Home Value | $645,310 | $645,310 | N/A | $297,000 |
| 5-Year CAGR | 4.9% | 4.9% | N/A | 5.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 1.1% | 1.1% | - | - |
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 76449 (Graford, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 76449 (Graford, TX)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $645,310 |
| Monthly Rent | $873 |
| Price-to-Rent | 61.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.6% |
| Cap Rate | 1.1% |
| 5-Year IRR | 5.9% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (1.1%). 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 76449
Population: 2,157
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
🎓 Schools in 76449
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
What is the median home value in Graford, TX?
Typical homes in Graford, TX go for around $645K. The 5-year CAGR of 0.0% consistent price movement.
Which investment style suits Graford, TX?
A careful cash-flow rentals with hands-on management strategy Graford, TX best. The market produces measured results for that approach at the $645K price point.
How high is vacancy risk in Graford, TX?
Graford, TX carries elevated vacancy risk. Expect reliable absorption at market rents of $873/mo.
Is house hacking profitable in Graford, TX?
House hacking works a challenging in Graford, TX. Rents of $873/mo against $645K acquisition make the strategy solid for owner-occupants.
How strict are landlord regulations in Graford, TX?
Graford, TX operates under TX law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
You know 76449 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76449 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.
How 76449 ranks in Mineral Wells, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 76449 (Graford)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 76449 (Graford, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.