Real Estate Investing in Gordon, Texas (76453)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76453 (Gordon, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 29.5% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 33.7 — 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 Gordon, TX (76453)?
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Market Analysis: 76453 Gordon
This part of Palo Pinto County is not an easy win. The 76453 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $981/mo on a $396K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 76453 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Gordon have seen price recovery that 76453 has not matched. Palo Pinto County data supports the view that the spread is structural rather than temporary.
Demographically, 76453 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 76453 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Gordon:
Market Trends
Home Value History (with trend line)
📊 How Does 76453 Compare?
| Metric | 76453 | Gordon | Mineral Wells, TX | Texas |
|---|---|---|---|---|
| Home Value | $396,356 | $396,356 | N/A | $297,000 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 5.4% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76453 (Gordon, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $396,356 |
| Monthly Rent | $981 |
| Price-to-Rent | 33.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (1.9%). 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 76453
Population: 1,474
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 76453
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 average home sale price in Gordon, TX?
Expect median prices around $396K in Gordon, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
Is Gordon, TX suited for a house hack?
The a challenging house-hack environment in Gordon, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is Gordon, TX a good market for buy-and-hold investors?
Investors tracking Gordon, TX will find a 2.0/5 rating supported by $396K median home values and $981/mo rents. That profile suits long-term holders targeting predictable returns.
How much do tenants pay in Gordon, TX?
Expect rents around $981/mo per month in Gordon, TX. With home values at $396K, the yield math works out to reasonable levels for rental investors.
What kind of tenants rent in Gordon, TX?
Tenant quality in Gordon, TX ranks as solid. Landlords generally report steady occupancy at market rents of $981/mo.
You know 76453 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76453 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.
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