Real Estate Investing in Kyle, Texas (78640)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78640 (Kyle, 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.
- Declining values: -1.4% 5-year CAGR — values have moved lower.
What’s happening in Kyle, TX (78640)?
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Market Analysis: 78640 Kyle
This part of Hays County is not an easy win. The 78640 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $298K asset, 78640 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within TX, ZIP 78640 trails on several market indicators that neighboring Hays County submarkets outperform. The gap is real and solid enough to shape underwriting.
Demographically, 78640 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 78640 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 Kyle:
Property Strategy for 78640
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $234,399 | $1,810 | 5.6% | +3.7% | $117,199 |
| 3BR | $280,836 | $2,290 | 5.9% | +4.2% | $93,612 |
| 4BR | $330,521 | $2,700 | 5.9% | +4.6% | $82,630 |
| 5BR | $390,316 | — | — | +4.7% | $78,063 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78640 Compare?
| Metric | 78640 | Kyle | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $298,356 | $298,356 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,570 | $1,570 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
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 78640 (Kyle, TX). Anonymous, moderated, never written by AI.
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Property managers serving Hays County
Manage rentals here? List your business →Jenkins Property Management provides property management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $298,356 |
| Monthly Rent | $1,570 |
| Price-to-Rent | 15.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 2.7% |
📈 Home Appreciation
| 1-Year | -2.2% ▼ |
| 3-Year CAGR | -5.4% ▼ |
| 5-Year CAGR | -1.4% ▼ |
| 10-Year CAGR | +3.9% ▲ |
🏠 Rent Trends
| 1-Year | -7.2% ▼ |
| 3-Year CAGR | -4.7% ▼ |
| 5-Year CAGR | -0.9% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 78640
Population: 71,460
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 78640
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 1,665 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Kyle, TX?
Typical homes in Kyle, TX go for around $298K. The 5-year CAGR of 0.0% reliable price movement.
How strong is the working-renter base in Kyle, TX?
The tenant pool in Kyle, TX is solid, supported by local employment and population fundamentals. Rents of $1,570/mo are well-absorbed by the market.
How do landlord-tenant laws work in Kyle, TX?
Kyle, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What approach is best for Kyle, TX real estate?
A careful cash-flow rentals with hands-on management strategy Kyle, TX best. The market produces even-keeled results for that approach at the $298K price point.
Is Kyle, TX suited for a house hack?
House hacking in Kyle, TX is a challenging. With home values around $298K and rents at $1,570/mo, owner-occupants can offset a meaningful share of PITI.
You know 78640 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 78640 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.
How 78640 ranks in Austin-Round Rock-Georgetown, TX
Every ZIP in this metro, ranked. Free.
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