Real Estate Investing in Zephyr, Texas (76890)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76890 (Zephyr, 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: 16.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 38.0 — 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 Zephyr, TX (76890)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 76890 Zephyr
The 76890 ZIP covers a section of Zephyr that demands careful diligence. Prices near $398K look accessible, but the work to make a deal cash flow is real.
Stepping back, the numbers look inviting — $398K purchase price, 0.0% nominal cap — the work to hit that pro forma in 76890 is substantial and deserves full respect.
Statewide comparisons place 76890 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 76890 ZIP's population of 812 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
New investors are better served looking at Zephyr's stable or hybrid ZIPs before stepping into 76890. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Zephyr:
Market Trends
Home Value History (with trend line)
📊 How Does 76890 Compare?
| Metric | 76890 | Zephyr | Brownwood, TX | Texas |
|---|---|---|---|---|
| Home Value | $397,865 | $397,865 | N/A | $297,000 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 5.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
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 76890 (Zephyr, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 76890 (Zephyr, TX)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $397,865 |
| Monthly Rent | $873 |
| Price-to-Rent | 38.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (1.7%). 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 76890
Population: 812
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 76890
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
Frequently Asked Questions
Is housing expensive in Zephyr, TX?
Expect median prices around $398K in Zephyr, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
How qualified is the tenant pool in Zephyr, TX?
Zephyr, TX draws a stable base of working renters. Demand at the $873/mo rent level is reasonable for standard single-family and small multi rentals.
Should investors consider Zephyr, TX?
Zephyr, TX clocks in at an investability rating of 3.0/5, with median home values near $398K and average rents around $873/mo. That combination puts it in the sturdy tier for investor interest.
Where do rents currently stand in Zephyr, TX?
Expect rents around $873/mo per month in Zephyr, TX. With home values at $398K, the yield math works out to reasonable levels for rental investors.
Is rental property easy to operate in Zephyr, TX?
TX ranks as a landlord-friendly state for landlord-tenant law. Zephyr generally follows the statewide framework, so landlords face reasonable operating rules.
You know 76890 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 76890 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.
How 76890 ranks in Brownwood, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 76890 (Zephyr)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 76890 (Zephyr, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.