Real Estate Investing in Hico, Texas (76457)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76457 (Hico, 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: 27.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 27.4 — 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 Hico, TX (76457)?
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Market Analysis: 76457 Hico
The 76457 ZIP covers a section of Hico that demands careful diligence. Prices near $358K look accessible, but the work to make a deal cash flow is real.
The 76457 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 76457 and stronger Hico ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 76457 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Hico's stable or hybrid ZIPs before stepping into 76457. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hico:
Market Trends
Home Value History (with trend line)
📊 How Does 76457 Compare?
| Metric | 76457 | Hico | Stephenville, TX | Texas |
|---|---|---|---|---|
| Home Value | $357,846 | $357,846 | N/A | $297,000 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 5.4% |
| Avg Rent | $1,089 | $1,089 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76457 (Hico, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $357,846 |
| Monthly Rent | $1,089 |
| Price-to-Rent | 27.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (2.4%). 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 76457
Population: 4,449
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 76457
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 the tenant base reliable in Hico, TX?
Hico, TX offers a steady renter base at the $1,089/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Hico, TX a good market for buy-and-hold investors?
Hico, TX rates 3.0/5 for investability. With median values at $358K and rents near $1,089/mo, the market offers reasonable fundamentals for rental investors.
What is the average home sale price in Hico, TX?
Hico, TX median home values land near $358K. That is reasonable territory for investors looking at $1,089/mo-per-month rentals.
What is the rental occupancy rate in Hico, TX?
Expect elevated vacancy in Hico, TX. Rents at $1,089/mo are absorbed by the tenant base without meaningful lag.
How do landlord-tenant laws work in Hico, TX?
The landlord environment in Hico, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 76457 now. You don’t know where it ranks.
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How 76457 ranks in Stephenville, TX
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