Real Estate Investing in Hewitt, Texas (76643)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76643 (Hewitt, TX)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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 Hewitt, TX (76643)?
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Market Analysis: 76643 Hewitt
In practical terms, ZIP 76643 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $301K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 76643 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 76643 sits on the difficult end of the TX spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
A significant renter share of 34% in 76643 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
leans 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 Hewitt:
Property Strategy for 76643
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $212,355 | $1,620 | 5.5% | +6.2% | $106,177 |
| 3BR | $273,585 | $2,090 | 5.5% | +6.9% | $91,195 |
| 4BR | $372,432 | $2,160 | 4.2% | +6.6% | $93,108 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76643 Compare?
| Metric | 76643 | Hewitt | Waco, TX | Texas |
|---|---|---|---|---|
| Home Value | $300,564 | $300,564 | N/A | $297,000 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 5.4% |
| Avg Rent | $1,625 | $1,625 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
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 76643 (Hewitt, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $300,564 |
| Monthly Rent | $1,625 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +0.2% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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 76643
Population: 16,244
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 76643
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 5,693 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Hewitt, TX?
Average rent in Hewitt, TX is approximately $1,625/mo per month. Against $301K home values that yields a reasonable rent-to-price ratio.
What is the typical vacancy rate in Hewitt, TX?
Occupancy in Hewitt, TX runs predictable with elevated vacancy. Well-priced units at $1,625/mo lease on reasonable timelines.
Is Hewitt, TX a smart market for rental property?
With a 3.0/5 investability score, Hewitt, TX ranks as a solid market for rental property investors. Median prices of $301K and rents of $1,625/mo drive the underlying numbers.
What is the typical home price in Hewitt, TX?
In Hewitt, TX the median home value sits at $301K. Against the broader TX market, that reads as reasonable for most investors.
Can owner-occupants cash flow in Hewitt, TX?
Hewitt, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $301K price point reasonable to enter.
You know 76643 now. You don’t know where it ranks.
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How 76643 ranks in Waco, TX
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