Real Estate Investing in Iredell, Texas (76649)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76649 (Iredell, 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: 22.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 27.6 — 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 Iredell, TX (76649)?
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Market Analysis: 76649 Iredell
Investors eyeing 76649 need to respect the fundamentals at play. Home values of $289K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 76649 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 76649 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 76649 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 76649 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Iredell:
Market Trends
Home Value History (with trend line)
📊 How Does 76649 Compare?
| Metric | 76649 | Iredell | Stephenville, TX | Texas |
|---|---|---|---|---|
| Home Value | $289,151 | $289,151 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76649 (Iredell, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $289,151 |
| Monthly Rent | $873 |
| Price-to-Rent | 27.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.4% |
| 5-Year IRR | 3.8% |
📈 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 |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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 76649
Population: 919
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 76649
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.
Frequently Asked Questions
What is the typical home price in Iredell, TX?
Homes in Iredell, TX typically sell near $289K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
What is the tenant pool like in Iredell, TX?
Expect a solid tenant pool in Iredell, TX. The rental market absorbs $873/mo rents without meaningful friction.
Can owner-occupants cash flow in Iredell, TX?
Iredell, TX offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
What is the smart move for investors in Iredell, TX?
Most investors in Iredell, TX run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
Is Iredell, TX landlord-friendly?
TX law landlord-friendly for landlords, and Iredell inherits those rules. Investors should still review local ordinances for rental licensing.
You know 76649 now. You don’t know where it ranks.
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How 76649 ranks in Stephenville, TX
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