Real Estate Investing in Evadale, Texas (77615)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77615 (Evadale, 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: 20.3% of homes vacant — above national norms.
- Higher unemployment: 7.6% unemployment — tenant risk signal.
• 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 Evadale, TX (77615)?
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Market Analysis: 77615 Evadale
ZIP 77615 in Evadale, TX carries a robust set of headwinds. Home values near $186K and rents of $873/mo sit inside a market where underwriting has to be tight.
The investment case in 77615 is solid only for operators who understand what they are buying. A $186K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 77615 sits on the difficult end of the TX spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 77615 includes headwinds that any investor should price in. Income distribution skews lower than Evadale averages, and tenant stability requires active management.
Strategically, 77615 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Evadale:
Market Trends
Home Value History (with trend line)
📊 How Does 77615 Compare?
| Metric | 77615 | Evadale | Texas |
|---|---|---|---|
| Home Value | $186,419 | $186,419 | $297,000 |
| 5-Year CAGR | N/A | N/A | 5.4% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 3.7% | 3.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 77615 (Evadale, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $186,419 |
| Monthly Rent | $873 |
| Price-to-Rent | 17.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.7% |
| 5-Year IRR | 2.0% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | -1.7% ▼ |
| 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 (3.7%). 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 77615
Population: 256
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 77615
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 Evadale, TX landlord-friendly?
TX law landlord-friendly for landlords, and Evadale inherits those rules. Investors should still review local ordinances for rental licensing.
What approach is best for Evadale, TX real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Evadale, TX. The numbers - $186K homes against $873/mo rents - support that play.
What is the typical home price in Evadale, TX?
Homes in Evadale, TX typically sell near $186K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
Can owner-occupants cash flow in Evadale, TX?
Evadale, TX offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
How qualified is the tenant pool in Evadale, TX?
The tenant pool in Evadale, TX is solid, supported by local employment and population fundamentals. Rents of $873/mo are well-absorbed by the market.
You know 77615 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77615 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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