Real Estate Investing in Thornton, Texas (76687)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76687 (Thornton, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 36.2% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Thornton, TX (76687)?
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Market Analysis: 76687 Thornton
The 76687 ZIP covers a section of Thornton that demands careful diligence. Prices near $339K look accessible, but the work to make a deal cash flow is real.
Rent of $990/mo on a $339K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 76687 sits below the stated 0.0% once reality is priced in.
Regionally, 76687 sits on the difficult end of the TX spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 76687 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at Thornton's stable or hybrid ZIPs before stepping into 76687. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Thornton:
Market Trends
Home Value History (with trend line)
📊 How Does 76687 Compare?
| Metric | 76687 | Thornton | College Station-Bryan, TX | Texas |
|---|---|---|---|---|
| Home Value | $339,288 | $339,288 | N/A | $297,000 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 5.4% |
| Avg Rent | $990 | $990 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76687 (Thornton, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $339,288 |
| Monthly Rent | $990 |
| Price-to-Rent | 28.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 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 (2.3%). 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 76687
Population: 1,875
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
Frequently Asked Questions
Should investors worry about vacancy in Thornton, TX?
Vacancy risk in Thornton, TX is elevated. That supports even-keeled cash flow for typical rental holds.
What is the smart move for investors in Thornton, TX?
Investors usually favor careful cash-flow rentals with hands-on management in Thornton, TX. With home values at $339K and rents near $990/mo, other strategies can work but produce measured rather than outsized returns.
What kind of market is Thornton, TX for investors?
Thornton, TX scores 3.0/5 for investability. Home values sit at $339K and rents near $990/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is house hacking profitable in Thornton, TX?
For house hackers, Thornton, TX is a challenging. The $990/mo rent on a unit helps defray the mortgage on a $339K property.
What are rental rates like in Thornton, TX?
Rents in Thornton, TX run near $990/mo. Compared with median home prices of $339K that produces solid gross yields for typical rentals.
You know 76687 now. You don’t know where it ranks.
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How 76687 ranks in College Station-Bryan, TX
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