Real Estate Investing in Ballinger, Texas (76821)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76821 (Ballinger, 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.
- High vacancy: 22.4% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.2% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ballinger, TX (76821)?
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Market Analysis: 76821 Ballinger
Investors eyeing 76821 need to respect the fundamentals at play. Home values of $140K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 76821 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
On balance, 76821 offers a low basis, the region around Ballinger has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Meanwhile, 4,572 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Ballinger's stable or hybrid ZIPs before stepping into 76821. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Ballinger:
Market Trends
Home Value History (with trend line)
📊 How Does 76821 Compare?
| Metric | 76821 | Ballinger | Texas |
|---|---|---|---|
| Home Value | $139,595 | $139,595 | $297,000 |
| 5-Year CAGR | 0.2% | 0.2% | 5.4% |
| Avg Rent | $1,017 | $1,017 | - |
| Cap Rate | 5.7% | 5.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76821 (Ballinger, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $139,595 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 11.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.7% |
| 5-Year IRR | 5.8% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | +0.2% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 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 (5.7%). 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 76821
Population: 4,572
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 76821
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
Does Ballinger, TX make sense for an investment property?
The 3.0/5 investability rating in Ballinger, TX reflects its $140K prices and $1,017/mo rents. Investors generally consider it a solid option within TX.
How strong are rents in Ballinger, TX?
The typical rental in Ballinger, TX commands about $1,017/mo monthly. That rent profile measured cash flow against the $140K purchase basis.
What kind of vacancy should I budget for in Ballinger, TX?
Ballinger, TX vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Can I house hack in Ballinger, TX?
Ballinger, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $140K price point reasonable to enter.
What is the tenant pool like in Ballinger, TX?
Expect a solid tenant pool in Ballinger, TX. The rental market absorbs $1,017/mo rents without meaningful friction.
You know 76821 now. You don’t know where it ranks.
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