Real Estate Investing in College Station, Texas (77840)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77840 (College Station, 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: 16.0% of homes vacant — above national norms.
- Elevated poverty: 23.4% poverty rate — can affect rent collection.
- Lower household income: $30,049 median — tenant affordability is tighter.
What’s happening in College Station, TX (77840)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77840 College Station
The 77840 ZIP in College Station, TX is a local-operator market. Outside capital chasing a $292K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 77840 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 77840's metrics run below Brazos County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A solid renter share of 89% in 77840 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 77840 is an operator game, not a passive one. In practical terms, entry prices of $292K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in College Station:
Property Strategy for 77840
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $151,385 | $1,090 | 5.2% | +5.5% | $151,385 |
| 2BR | $196,843 | $1,200 | 4.4% | +4.9% | $98,422 |
| 3BR | $264,844 | $1,670 | 4.5% | +6.2% | $88,281 |
| 4BR | $340,098 | $1,950 | 4.1% | +7.0% | $85,025 |
| 5BR | $540,865 | — | — | +8.0% | $108,173 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77840 Compare?
| Metric | 77840 | College Station | College Station-Bryan, TX | Texas |
|---|---|---|---|---|
| Home Value | $291,750 | $219,213 | N/A | $297,000 |
| 5-Year CAGR | 5.6% | 4.8% | N/A | 5.4% |
| Avg Rent | $1,103 | $1,391 | N/A | - |
| Cap Rate | 3.0% | 3.3% | - | - |
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 77840 (College Station, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $291,750 |
| Monthly Rent | $1,103 |
| Price-to-Rent | 22.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 Rent Trends
| 1-Year | -52.9% ▼ |
| 3-Year CAGR | -17.8% ▼ |
| 5-Year CAGR | -8.5% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 77840
Population: 55,186
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 77840
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
Investor Insight: With 37,090 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What investment strategy works best in College Station, TX?
In College Station, TX the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $292K prices and $1,103/mo rents suits that approach.
What are rental rates like in College Station, TX?
Rental rates in College Station, TX average $1,103/mo. Tenant demand and $292K home values make the yield look reasonable by investor standards.
What price range are homes in College Station, TX?
The median home value in College Station, TX is roughly $292K. That puts it reasonable relative to the TX statewide average.
What is it like being a landlord in College Station, TX?
TX law landlord-friendly for landlords, and College Station inherits those rules. Investors should still review local ordinances for rental licensing.
What kind of vacancy should I budget for in College Station, TX?
College Station, TX vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 77840 now. You don’t know where it ranks.
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How 77840 ranks in College Station-Bryan, TX
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