Real Estate Investing in Goldthwaite, Texas (76844)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Mills County • Population: 3,202 • Data updated: September 2026

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Should you buy in 76844 (Goldthwaite, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (25/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 30.4% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (1.3% CAGR).
  • High price-to-rent: Price-to-rent ratio 35.8 — 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 Goldthwaite, TX (76844)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $375,460
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $61,989
% Renters 16.1%

Market Analysis: 76844 Goldthwaite

The 76844 ZIP in Goldthwaite, TX is a local-operator market. Outside capital chasing a $375K entry has to pair deep knowledge with the discount.

The investment case in 76844 is impressive only for operators who understand what they are buying. A $375K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

The gap between 76844 and stronger Goldthwaite ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Who lives in 76844 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Experienced landlords with local relationships tend to find 76844 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Goldthwaite:

D Needs Caution
Buy Confidence Score: 49/100
Affordability
5/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.1× the median income
Value Trend
Rising (+3.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$424K$373K$322K$272K$221K$170KSep 2013Feb 2020Jul 2026

📊 How Does 76844 Compare?

Metric 76844 Goldthwaite Texas
Home Value $375,460 $375,460 $297,000
5-Year CAGR 1.3% 1.3% 5.4%
Avg Rent $873 $873 -
Cap Rate 1.8% 1.8% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 76844 (Goldthwaite, TX). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
1.8%
Low
5yr Growth
+1.3%
Slow

📊 Market Snapshot

Home Value $375,460
Monthly Rent $873
Price-to-Rent 35.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.8%
Cap Rate 1.8%
5-Year IRR 3.1%

📈 Home Appreciation

1-Year +3.6% ▲
3-Year CAGR +1.1% ▲
5-Year CAGR +1.3% ▲
10-Year CAGR +5.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). 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.

Vacancy
30.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.3%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 76844

Population: 3,202

💰 Median Household Income
$61,989
This area
$61,989
State
$70,593
USA
$74,580
🏠 Renter Occupied
16.1%
This area
16.1%
State
29.5%
USA
34.0%
💼 Unemployment Rate
1.5%
This area
1.5%
State
-25.4%
USA
3.7%
🎓 College Educated
29.2%
This area
29.2%
State
-5.8%
USA
33.7%
👤 Median Age
48.8 years
This area
48.8 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
30.4%
This area
30.4%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 78.5%
Other/Mixed 20.4%
Hispanic/Latino 17.4%
Black/African American 0.7%
Asian 0.4%
👶 Under 18
20.4%
This area
20.4%
USA
22.0%
👴 65 and Over
27.2%
This area
27.2%
USA
17.3%
📊 Poverty Rate
1.4%
This area
1.4%
USA
11.5%

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 76844

A+ Avg School Grade
4 Schools
8.5:1 Avg Class Size
$22,919 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

GOLDTHWAITE EL

📚 Pre-K – 05 Elementary
👥
237 Students
👨‍🏫
9.5:1 Class Size
💰
$20,381 Per Student
A+ Excellent

GOLDTHWAITE H S

📚 09 – 12 High School
👥
178 Students
👨‍🏫
8.0:1 Class Size
💰
$20,381 Per Student
A+ Excellent

GOLDTHWAITE MIDDLE

📚 06 – 08 Middle
👥
118 Students
👨‍🏫
10.2:1 Class Size
💰
$20,381 Per Student
B+ Above Average

NEW HORIZONS RANCH SCHOOL

📚 01 – 11 High School
👥
45 Students
👨‍🏫
6.4:1 Class Size
💰
$30,533 Per Student
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 are vacancy rates like in Goldthwaite, TX?

Goldthwaite, TX carries elevated vacancy risk. Expect even-keeled absorption at market rents of $873/mo.

What is the median home value in Goldthwaite, TX?

Goldthwaite, TX home values average about $375K. That price point suits investors targeting rentals with $873/mo in monthly income.

Is Goldthwaite, TX a good place for real estate investing?

With a 2.0/5 investability score, Goldthwaite, TX ranks as a solid market for rental property investors. Median prices of $375K and rents of $873/mo drive the underlying numbers.

Is Goldthwaite, TX better for rentals, flips, or BRRRR?

The best-fit strategy in Goldthwaite, TX is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What do landlords charge for rent in Goldthwaite, TX?

The typical rental in Goldthwaite, TX commands about $873/mo monthly. That rent profile stable cash flow against the $375K purchase basis.

You know 76844 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 76844 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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