Real Estate Investing in Temple, Texas (76504)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76504 (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.
- Elevated vacancy: 8.8% vacancy may signal weakening demand.
What’s happening in Temple, TX (76504)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76504 Temple
ZIP 76504 in Temple, TX carries a robust set of headwinds. Home values near $189K and rents of $1,244/mo sit inside a market where underwriting has to be tight.
The 76504 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 76504's metrics run below Bell County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 76504 includes headwinds that any investor should price in. Income distribution skews lower than Temple averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 76504 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 Temple:
Property Strategy for 76504
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $123,575 | $1,370 | 8.0% | +6.0% | $61,788 |
| 3BR | $206,456 | $1,900 | 6.6% | +8.1% | $68,819 |
| 4BR | $267,155 | $2,300 | 6.2% | +6.5% | $66,789 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76504 Compare?
| Metric | 76504 | Temple | Killeen-Temple, TX | Texas |
|---|---|---|---|---|
| Home Value | $189,425 | $250,809 | N/A | $297,000 |
| 5-Year CAGR | 2.9% | 2.8% | N/A | 5.4% |
| Avg Rent | $1,244 | $1,292 | N/A | - |
| Cap Rate | 5.1% | 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 76504 (Temple, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $189,425 |
| Monthly Rent | $1,244 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | -0.7% ▼ |
| 3-Year CAGR | -1.5% ▼ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | -6.0% ▼ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | +1.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). 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 76504
Population: 24,856
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 76504
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
What is the smart move for investors in Temple, TX?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Temple, TX. The numbers - $189K homes against $1,244/mo rents - support that play.
What do landlords charge for rent in Temple, TX?
Rental rates in Temple, TX average $1,244/mo. Tenant demand and $189K home values make the yield look reasonable by investor standards.
How strong is the working-renter base in Temple, TX?
Temple, TX draws a stable base of working renters. Demand at the $1,244/mo rent level is reasonable for standard single-family and small multi rentals.
Should investors worry about vacancy in Temple, TX?
Expect elevated vacancy in Temple, TX. Rents at $1,244/mo are absorbed by the tenant base without meaningful lag.
Is Temple, TX good for landlords?
Landlord-friendliness in Temple, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 76504 now. You don’t know where it ranks.
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How 76504 ranks in Killeen-Temple, TX
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