Real Estate Investing in Baird, Texas (79504)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79504 (Baird, 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: 22.3% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.1% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Baird, TX (79504)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79504 Baird
ZIP 79504 inside Callahan County looks affordable on the surface — median value of $201K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $201K asset, 79504 is the wrong submarket. If the plan prices in friction, the yield can still work.
Meanwhile, 79504 offers a low basis, the region around Baird has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 79504 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 79504 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Baird:
Market Trends
Home Value History (with trend line)
📊 How Does 79504 Compare?
| Metric | 79504 | Baird | Abilene, TX | Texas |
|---|---|---|---|---|
| Home Value | $201,308 | $201,308 | N/A | $297,000 |
| 5-Year CAGR | 1.1% | 1.1% | N/A | 5.4% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79504 (Baird, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $201,308 |
| Monthly Rent | $981 |
| Price-to-Rent | 17.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 4.9% |
📈 Home Appreciation
| 1-Year | +9.8% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +1.1% ▲ |
| 10-Year CAGR | +2.7% ▲ |
🏠 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 (3.8%). 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 79504
Population: 2,995
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 79504
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 kind of market is Baird, TX for investors?
Our data puts Baird, TX at 2.0/5 for investability. Home prices of $201K and rents around $981/mo create a solid backdrop for investor activity.
How deep is the rental pool in Baird, TX?
The tenant pool in Baird, TX is solid, supported by local employment and population fundamentals. Rents of $981/mo are well-absorbed by the market.
What monthly rent should investors expect in Baird, TX?
Rental rates in Baird, TX average $981/mo. Tenant demand and $201K home values make the yield look reasonable by investor standards.
What investment strategy works best in Baird, TX?
Most investors in Baird, TX run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
How high is vacancy risk in Baird, TX?
Baird, TX carries elevated vacancy risk. Expect predictable absorption at market rents of $981/mo.
You know 79504 now. You don’t know where it ranks.
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