Real Estate Investing in Mart, Texas (76664)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76664 (Mart, TX)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 11.0% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mart, TX (76664)?
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Market Analysis: 76664 Mart
The 76664 ZIP in Mart, TX is a local-operator market. Outside capital chasing a $154K entry has to pair deep knowledge with the discount.
The 76664 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader TX picture, 76664 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A impressive renter share of 25% in 76664 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 76664 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Mart:
Property Strategy for 76664
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $82,856 | $1,240 | 10.8% | +2.2% | $41,428 |
| 3BR | $151,172 | $1,600 | 7.6% | +5.5% | $50,391 |
| 4BR | $291,759 | $1,650 | 4.1% | — | $72,940 |
Market Trends
Home Value History (with trend line)
📊 How Does 76664 Compare?
| Metric | 76664 | Mart | Waco, TX | Texas |
|---|---|---|---|---|
| Home Value | $154,438 | $154,438 | N/A | $297,000 |
| 5-Year CAGR | 1.4% | 1.4% | N/A | 5.4% |
| Avg Rent | $1,116 | $1,116 | N/A | - |
| Cap Rate | 5.6% | 5.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76664 (Mart, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,438 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 11.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.6% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | -2.2% ▼ |
| 3-Year CAGR | -2.9% ▼ |
| 5-Year CAGR | +1.4% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (5.6%). 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 76664
Population: 3,425
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 76664
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
Is Mart, TX a smart market for rental property?
With a 3.0/5 investability score, Mart, TX ranks as a solid market for rental property investors. Median prices of $154K and rents of $1,116/mo drive the underlying numbers.
What is the smart move for investors in Mart, TX?
Most investors in Mart, TX run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the average monthly rent in Mart, TX?
Expect rents around $1,116/mo per month in Mart, TX. With home values at $154K, the yield math works out to reasonable levels for rental investors.
What is it like being a landlord in Mart, TX?
TX law landlord-friendly for landlords, and Mart inherits those rules. Investors should still review local ordinances for rental licensing.
How quickly do rentals get leased in Mart, TX?
Vacancy risk in Mart, TX is elevated. That supports reliable cash flow for typical rental holds.
You know 76664 now. You don’t know where it ranks.
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How 76664 ranks in Waco, TX
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