Real Estate Investing in Cranfills Gap, Texas (76637)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Bosque County • Population: 463 • Data updated: September 2026

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Should you buy in 76637 (Cranfills Gap, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (27/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 19.1% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 30.8 — 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 Cranfills Gap, TX (76637)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $322,508
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $71,250
% Renters 33.2%

Market Analysis: 76637 Cranfills Gap

ZIP 76637 in Cranfills Gap, TX carries a robust set of headwinds. Home values near $323K and rents of $873/mo sit inside a market where underwriting has to be tight.

The investment case in 76637 is notable only for operators who understand what they are buying. A $323K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

ZIP 76637's metrics run below Bosque County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

A resilient renter share of 33% in 76637 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The right play in 76637 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Cranfills Gap:

C Below Average
Buy Confidence Score: 50/100
Affordability
15/25
Appreciation
5/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Declining (-1.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$339K$333K$326K$320K$313K$307KNov 2023Mar 2025Jul 2026

📊 How Does 76637 Compare?

Metric 76637 Cranfills Gap Texas
Home Value $322,508 $322,508 $297,000
5-Year CAGR N/A N/A 5.4%
Avg Rent $873 $873 -
Cap Rate 2.1% 2.1% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 76637 (Cranfills Gap, TX). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
2.1%
Low

📊 Market Snapshot

Home Value $322,508
Monthly Rent $873
Price-to-Rent 30.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.3%
Cap Rate 2.1%
5-Year IRR 0.7%

📈 Home Appreciation

1-Year -1.5% ▼
3-Year CAGR N/A
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
Negative Leverage — IRR / Tax Play Cap Rate: 2.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
19.1%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 76637

Population: 463

💰 Median Household Income
$71,250
This area
$71,250
State
$70,593
USA
$74,580
🏠 Renter Occupied
33.2%
This area
33.2%
State
29.5%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-25.4%
USA
3.7%
🎓 College Educated
21.6%
This area
21.6%
State
-5.8%
USA
33.7%
👤 Median Age
47.3 years
This area
47.3 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
19.1%
This area
19.1%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 81.5%
Other/Mixed 16.7%
Hispanic/Latino 7.9%
Black/African American 1.3%
Asian 0.4%
👶 Under 18
12.9%
This area
12.9%
USA
22.0%
👴 65 and Over
29.6%
This area
29.6%
USA
17.3%
📊 Poverty Rate
10.3%
This area
10.3%
USA
11.5%

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 76637

A Avg School Grade
1 Schools
8.0:1 Avg Class Size
$17,909 Avg Per Pupil

Schools in This ZIP Code

A Very Good

CRANFILLS GAP SCHOOL

📚 Pre-K – 12 K-12
👥
128 Students
👨‍🏫
8.0:1 Class Size
💰
$17,909 Per Student
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

How much rent can I charge in Cranfills Gap, TX?

Average rent in Cranfills Gap, TX is approximately $873/mo per month. Against $323K home values that yields a reasonable rent-to-price ratio.

How quickly do rentals get leased in Cranfills Gap, TX?

Vacancy in Cranfills Gap, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.

How do experienced investors play Cranfills Gap, TX?

Cranfills Gap, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($323K prices, $873/mo rents) make it a reasonable choice.

Are renters plentiful in Cranfills Gap, TX?

Expect a solid tenant pool in Cranfills Gap, TX. The rental market absorbs $873/mo rents without meaningful friction.

What are home prices like in Cranfills Gap, TX?

Homes in Cranfills Gap, TX typically sell near $323K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.

You know 76637 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 76637 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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