Real Estate Investing in Temple, Texas (76502)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76502 (Temple, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Temple, TX (76502)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76502 Temple
In practical terms, ZIP 76502 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $277K median. It rewards specialists, not generalists.
Rent of $1,610/mo on a $277K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 76502 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Temple have seen price recovery that 76502 has not matched. Bell County data supports the view that the spread is structural rather than temporary.
The 76502 ZIP's population of 51,175 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
trends toward 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.
Here's what matters if you're considering buying a home in Temple:
Property Strategy for 76502
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $182,110 | $1,490 | 5.9% | +7.4% | $91,055 |
| 3BR | $250,071 | $2,070 | 6.0% | +6.8% | $83,357 |
| 4BR | $310,243 | $2,500 | 5.8% | +6.3% | $77,561 |
| 5BR | $386,854 | — | — | +5.9% | $77,371 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76502 Compare?
| Metric | 76502 | Temple | Killeen-Temple, TX | Texas |
|---|---|---|---|---|
| Home Value | $277,367 | $250,809 | N/A | $297,000 |
| 5-Year CAGR | 3.0% | 2.8% | N/A | 5.4% |
| Avg Rent | $1,610 | $1,292 | N/A | - |
| Cap Rate | 4.5% | 4.3% | - | - |
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 76502 (Temple, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $277,367 |
| Monthly Rent | $1,610 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | -2.1% ▼ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +2.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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 76502
Population: 51,175
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 76502
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,765 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Temple, TX for real estate investors?
Temple, TX scores 3.0/5 for investability. Home values sit at $277K and rents near $1,610/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much rent can I charge in Temple, TX?
Temple, TX rentals go for roughly $1,610/mo a month. That puts gross yield in solid territory relative to $277K acquisition costs.
What is the tenant pool like in Temple, TX?
Expect a solid tenant pool in Temple, TX. The rental market absorbs $1,610/mo rents without meaningful friction.
What is the median home value in Temple, TX?
Expect median prices around $277K in Temple, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
How tight is the rental market in Temple, TX?
Temple, TX carries elevated vacancy risk. Expect steady absorption at market rents of $1,610/mo.
You know 76502 now. You don’t know where it ranks.
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How 76502 ranks in Killeen-Temple, TX
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