Real Estate Investing in Lorena, Texas (76655)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76655 (Lorena, 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 Lorena, TX (76655)?
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Market Analysis: 76655 Lorena
ZIP 76655 in Lorena, TX carries a robust set of headwinds. Home values near $349K and rents of $2,288/mo sit inside a market where underwriting has to be tight.
The investment case in 76655 is sturdy only for operators who understand what they are buying. A $349K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within TX, ZIP 76655 trails on several market indicators that neighboring McLennan County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Employment concentration in 76655 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. substantial returns are possible in 76655, 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 Lorena:
Property Strategy for 76655
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $263,669 | $1,570 | 4.3% | — | $131,835 |
| 3BR | $306,034 | $2,040 | 4.8% | +6.7% | $102,011 |
| 4BR | $399,254 | $2,120 | 3.8% | +7.2% | $99,814 |
| 5BR | $463,186 | — | — | — | $92,637 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 76655 Compare?
| Metric | 76655 | Lorena | Waco, TX | Texas |
|---|---|---|---|---|
| Home Value | $348,772 | $348,772 | N/A | $297,000 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 5.4% |
| Avg Rent | $2,288 | $2,288 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
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 76655 (Lorena, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $348,772 |
| Monthly Rent | $2,288 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (5.1%). 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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 76655
Population: 9,572
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 76655
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 2,583 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Lorena, TX?
Typical homes in Lorena, TX go for around $349K. The 5-year CAGR of 0.0% steady price movement.
Are tenants stable in Lorena, TX?
Working renters make up the core of the Lorena, TX tenant base. The pool is reasonable for investors targeting long-term holds.
Is real estate in Lorena, TX a good investment right now?
Lorena, TX scores 3.0/5 for investability. Home values sit at $349K and rents near $2,288/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What does house hacking look like in Lorena, TX?
For house hackers, Lorena, TX is a challenging. The $2,288/mo rent on a unit helps defray the mortgage on a $349K property.
How strict are landlord regulations in Lorena, TX?
Rental owners in Lorena, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 76655 now. You don’t know where it ranks.
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How 76655 ranks in Waco, TX
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