Real Estate Investing in Purmela, Texas (76566)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76566 (Purmela, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 23.1% of homes vacant — above national norms.
- Higher unemployment: 8.6% unemployment — tenant risk signal.
- High price-to-rent: Price-to-rent ratio 43.3 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Purmela, TX (76566)?
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Market Analysis: 76566 Purmela
ZIP 76566 in Purmela, TX carries a resilient set of headwinds. Home values near $495K and rents of $954/mo sit inside a market where underwriting has to be tight.
The investment case in 76566 is notable only for operators who understand what they are buying. A $495K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
On balance, 76566 offers a low basis, the region around Purmela has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 76566 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.
Strategically, 76566 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Purmela:
Market Trends
Home Value History (with trend line)
📊 How Does 76566 Compare?
| Metric | 76566 | Purmela | Killeen-Temple, TX | Texas |
|---|---|---|---|---|
| Home Value | $495,117 | $495,117 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 1.5% | 1.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76566 (Purmela, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $495,117 |
| Monthly Rent | $954 |
| Price-to-Rent | 43.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (1.5%). 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 76566
Population: 387
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
Frequently Asked Questions
What is the typical vacancy rate in Purmela, TX?
Purmela, TX vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What kind of tenants rent in Purmela, TX?
Tenant quality in Purmela, TX ranks as solid. Landlords generally report even-keeled occupancy at market rents of $954/mo.
What is the investability score for Purmela, TX?
Yes - Purmela, TX a 2.0/5 investability score. With $495K home prices against $954/mo monthly rent, the market delivers a reasonable entry point for new investors.
How do landlord-tenant laws work in Purmela, TX?
TX ranks as a landlord-friendly state for landlord-tenant law. Purmela generally follows the statewide framework, so landlords face reasonable operating rules.
What are home prices like in Purmela, TX?
The median home value in Purmela, TX is roughly $495K. That puts it reasonable relative to the TX statewide average.
You know 76566 now. You don’t know where it ranks.
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