Real Estate Investing in Blackwell, Texas (79506)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79506 (Blackwell, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 44.1% of homes vacant — above national norms.
- Elevated poverty: 22.7% poverty rate — can affect rent collection.
- Lower household income: $39,306 median — tenant affordability is tighter.
• 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 Blackwell, TX (79506)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79506 Blackwell
Investors eyeing 79506 need to respect the fundamentals at play. Home values of $141K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 79506 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 79506's metrics run below Nolan County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 79506 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Blackwell's stable or hybrid ZIPs before stepping into 79506. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Blackwell:
Market Trends
Home Value History (with trend line)
📊 How Does 79506 Compare?
| Metric | 79506 | Blackwell | Sweetwater, TX | Texas |
|---|---|---|---|---|
| Home Value | $141,490 | $141,490 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
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 79506 (Blackwell, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 79506 (Blackwell, TX)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $141,490 |
| Monthly Rent | $873 |
| Price-to-Rent | 13.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.4% |
| Cap Rate | 4.8% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +13.3% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | N/A |
| 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 (4.8%). 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.
Demographics in 79506
Population: 491
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 79506
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
What strategy should investors use in Blackwell, TX?
For Blackwell, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Does Blackwell, TX favor landlords or tenants?
TX ranks as a landlord-friendly state for landlord-tenant law. Blackwell generally follows the statewide framework, so landlords face reasonable operating rules.
How do home values compare in Blackwell, TX?
Blackwell, TX median home values land near $141K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
Can owner-occupants cash flow in Blackwell, TX?
For house hackers, Blackwell, TX is a challenging. The $873/mo rent on a unit helps defray the mortgage on a $141K property.
Do landlords face vacancy issues in Blackwell, TX?
Vacancy in Blackwell, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.
You know 79506 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 79506 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.
AI Market Advisor
Ask questions about investing in 79506 (Blackwell)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 79506 (Blackwell, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.