Real Estate Investing in Mertzon, Texas (76941)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76941 (Mertzon, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 22.1% of homes vacant — above national norms.
- Declining values: -0.5% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 8.3% in the last year.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mertzon, TX (76941)?
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Market Analysis: 76941 Mertzon
ZIP 76941 in Mertzon, TX carries a impressive set of headwinds. Home values near $260K and rents of $1,188/mo sit inside a market where underwriting has to be tight.
Meanwhile, the numbers look inviting — $260K purchase price, 0.0% nominal cap — the work to hit that pro forma in 76941 is substantial and deserves full respect.
Stepping back, 76941 offers a low basis, the region around Mertzon has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 76941 includes headwinds that any investor should price in. Income distribution skews lower than Mertzon averages, and tenant stability requires active management.
Distressed ZIPs reward experience. impressive returns are possible in 76941, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Mertzon:
Market Trends
Home Value History (with trend line)
📊 How Does 76941 Compare?
| Metric | 76941 | Mertzon | San Angelo, TX | Texas |
|---|---|---|---|---|
| Home Value | $260,366 | $260,366 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,188 | $1,188 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76941 (Mertzon, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $260,366 |
| Monthly Rent | $1,188 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 3.0% |
📈 Home Appreciation
| 1-Year | -8.3% ▼ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | -0.5% ▼ |
| 10-Year CAGR | N/A |
🏠 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 (3.6%). 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 76941
Population: 1,216
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 76941
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
Are rents high in Mertzon, TX?
Rents in Mertzon, TX run near $1,188/mo. Compared with median home prices of $260K that produces solid gross yields for typical rentals.
What strategy should investors use in Mertzon, TX?
Investors usually favor careful cash-flow rentals with hands-on management in Mertzon, TX. With home values at $260K and rents near $1,188/mo, other strategies can work but produce predictable rather than outsized returns.
What is the investability score for Mertzon, TX?
Yes - Mertzon, TX a 2.0/5 investability score. With $260K home prices against $1,188/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the tenant pool like in Mertzon, TX?
Expect a solid tenant pool in Mertzon, TX. The rental market absorbs $1,188/mo rents without meaningful friction.
What is the rental occupancy rate in Mertzon, TX?
Mertzon, TX vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 76941 now. You don’t know where it ranks.
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