Real Estate Investing in Carrizo Springs, Texas (78834)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Dimmit County • Population: 7,204 • Data updated: September 2026

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Should you buy in 78834 (Carrizo Springs, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (38/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • High vacancy: 27.6% of homes vacant — above national norms.
  • Declining values: -0.2% 5-year CAGR — values have moved lower.
  • Elevated poverty: 36.6% poverty rate — can affect rent collection.
  • Lower household income: $26,508 median — tenant affordability is tighter.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Carrizo Springs, TX (78834)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $144,762
Avg Monthly Rent $909
1% Rule ✗ Does Not Meet
Median Income $26,508
% Renters 37.3%

Market Analysis: 78834 Carrizo Springs

ZIP 78834 in Carrizo Springs, TX carries a significant set of headwinds. Home values near $145K and rents of $909/mo sit inside a market where underwriting has to be tight.

In practical terms, the numbers look inviting — $145K purchase price, 0.0% nominal cap — the work to hit that pro forma in 78834 is substantial and deserves full respect.

ZIP 78834's metrics run below Dimmit County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Resident income in 78834 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Carrizo Springs:

D Needs Caution
Buy Confidence Score: 45/100
Affordability
10/25
Appreciation
5/25
Stability
9/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.5× the median income
Value Trend
Rising (+12.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $909/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Eagle Pass, TX Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
3.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Eagle Pass, TX metro data

Market Trends

Home Value History (with trend line)

$154K$144K$133K$123K$112K$102KMar 2013Nov 2019Jul 2026

📊 How Does 78834 Compare?

Metric 78834 Carrizo Springs Eagle Pass, TX Texas
Home Value $144,762 $144,762 N/A $297,000
5-Year CAGR N/A N/A N/A 5.4%
Avg Rent $909 $909 N/A -
Cap Rate 4.9% 4.9% - -
💡 Why Invest in 78834? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 37% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 78834 (Carrizo Springs, TX). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.9%
Fair
5yr Growth
-0.2%
Declining

📉 Market Crash Risk Index

Based on Eagle Pass, TX metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $144,762
Monthly Rent $909
Price-to-Rent 13.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.5%
Cap Rate 4.9%
5-Year IRR 4.7%

📈 Home Appreciation

1-Year +12.8% ▲
3-Year CAGR +0.4% ▲
5-Year CAGR -0.2% ▼
10-Year CAGR +1.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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.

Vacancy
27.6%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
-0.2%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 78834

Population: 7,204

💰 Median Household Income
$26,508
This area
$26,508
State
$70,593
USA
$74,580
🏠 Renter Occupied
37.3%
This area
37.3%
State
29.5%
USA
34.0%
💼 Unemployment Rate
1.1%
This area
1.1%
State
-25.4%
USA
3.7%
🎓 College Educated
16.5%
This area
16.5%
State
-5.8%
USA
33.7%
👤 Median Age
36.0 years
This area
36.0 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
27.6%
This area
27.6%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
Other/Mixed 55.1%
Hispanic/Latino 54.3%
White 43.3%
Asian 0.9%
Black/African American 0.7%
👶 Under 18
29.6%
This area
29.6%
USA
22.0%
👴 65 and Over
14.2%
This area
14.2%
USA
17.3%
📊 Poverty Rate
36.6%
This area
36.6%
USA
11.5%

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 78834

A+ Avg School Grade
4 Schools
13.6:1 Avg Class Size
$34,756 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

CARRIZO SPRINGS EL

📚 Pre-K – 03 Elementary
👥
601 Students
👨‍🏫
13.4:1 Class Size
💰
$34,756 Per Student
A+ Excellent

CARRIZO SPRINGS H S

📚 09 – 12 High School
👥
574 Students
👨‍🏫
12.4:1 Class Size
💰
$34,756 Per Student
A+ Excellent

CARRIZO SPRINGS J H

📚 07 – 08 Middle
👥
260 Students
👨‍🏫
12.6:1 Class Size
💰
$34,756 Per Student
A Very Good

CARRIZO SPRINGS INT

📚 04 – 06 School
👥
480 Students
👨‍🏫
16.0:1 Class Size
💰
$34,756 Per Student
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 approach is best for Carrizo Springs, TX real estate?

For Carrizo Springs, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Do rentals sit vacant long in Carrizo Springs, TX?

Occupancy in Carrizo Springs, TX runs steady with elevated vacancy. Well-priced units at $909/mo lease on reasonable timelines.

How strong is tenant demand in Carrizo Springs, TX?

Expect a solid tenant pool in Carrizo Springs, TX. The rental market absorbs $909/mo rents without meaningful friction.

Is house hacking profitable in Carrizo Springs, TX?

For house hackers, Carrizo Springs, TX is a challenging. The $909/mo rent on a unit helps defray the mortgage on a $145K property.

What is the average monthly rent in Carrizo Springs, TX?

The typical rental in Carrizo Springs, TX commands about $909/mo monthly. That rent profile stable cash flow against the $145K purchase basis.

You know 78834 now. You don’t know where it ranks.

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