Real Estate Investing in Hillsboro, Texas (76645)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76645 (Hillsboro, 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.
- Elevated vacancy: 10.8% vacancy may signal weakening demand.
What’s happening in Hillsboro, TX (76645)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76645 Hillsboro
The 76645 ZIP covers a section of Hillsboro that demands careful diligence. Prices near $210K look accessible, but the work to make a deal cash flow is real.
The 76645 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within TX, ZIP 76645 trails on several market indicators that neighboring Hill County submarkets outperform. The gap is real and healthy enough to shape underwriting.
A significant renter share of 38% in 76645 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. significant returns are possible in 76645, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hillsboro:
Property Strategy for 76645
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $151,389 | $1,050 | 5.0% | +11.2% | $75,695 |
| 3BR | $237,645 | $1,430 | 4.3% | +9.0% | $79,215 |
| 4BR | $308,088 | $1,760 | 4.1% | +8.7% | $77,022 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76645 Compare?
| Metric | 76645 | Hillsboro | Texas |
|---|---|---|---|
| Home Value | $210,077 | $210,077 | $297,000 |
| 5-Year CAGR | 4.6% | 4.6% | 5.4% |
| Avg Rent | $1,257 | $1,257 | - |
| Cap Rate | 4.7% | 4.7% | - |
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 76645 (Hillsboro, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $210,077 |
| Monthly Rent | $1,257 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +0.4% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (4.7%). 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 76645
Population: 11,321
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 76645
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 are vacancy rates like in Hillsboro, TX?
Vacancy risk in Hillsboro, TX is elevated. That supports consistent cash flow for typical rental holds.
What is the best play in Hillsboro, TX?
The best-fit strategy in Hillsboro, TX is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Are homes affordable in Hillsboro, TX?
Expect median prices around $210K in Hillsboro, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Does house hacking work in Hillsboro, TX?
For house hackers, Hillsboro, TX is a challenging. The $1,257/mo rent on a unit helps defray the mortgage on a $210K property.
Is Hillsboro, TX a smart market for rental property?
Hillsboro, TX clocks in at an investability rating of 3.0/5, with median home values near $210K and average rents around $1,257/mo. That combination puts it in the notable tier for investor interest.
You know 76645 now. You don’t know where it ranks.
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