Real Estate Investing in Bynum, Texas (76631)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76631 (Bynum, 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: 21.1% of homes vacant — above national norms.
• 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 Bynum, TX (76631)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76631 Bynum
Not every below-median market is a bargain. Bynum's 76631 ZIP registers signals that favor experienced operators who can absorb the risk $284K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $284K asset, 76631 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 76631's metrics run below Hill 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 76631 includes headwinds that any investor should price in. Income distribution skews lower than Bynum averages, and tenant stability requires active management.
Strategy in 76631 is an operator game, not a passive one. In practical terms, entry prices of $284K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Bynum:
Market Trends
Home Value History (with trend line)
📊 How Does 76631 Compare?
| Metric | 76631 | Bynum | Texas |
|---|---|---|---|
| Home Value | $284,381 | $284,381 | $297,000 |
| 5-Year CAGR | N/A | N/A | 5.4% |
| Avg Rent | $1,026 | $1,026 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76631 (Bynum, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $284,381 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 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 (2.8%). 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 76631
Population: 471
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 76631
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 608 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average monthly rent in Bynum, TX?
Expect rents around $1,026/mo per month in Bynum, TX. With home values at $284K, the yield math works out to reasonable levels for rental investors.
How deep is the rental pool in Bynum, TX?
The tenant pool in Bynum, TX is solid, supported by local employment and population fundamentals. Rents of $1,026/mo are well-absorbed by the market.
What investment strategy works best in Bynum, TX?
In Bynum, TX the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $284K prices and $1,026/mo rents suits that approach.
Does a duplex house hack pencil in Bynum, TX?
For house hackers, Bynum, TX is a challenging. The $1,026/mo rent on a unit helps defray the mortgage on a $284K property.
What kind of vacancy should I budget for in Bynum, TX?
Occupancy in Bynum, TX runs reliable with elevated vacancy. Well-priced units at $1,026/mo lease on reasonable timelines.
You know 76631 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76631 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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