Real Estate Investing in Del Rio, Texas (78840)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78840 (Del Rio, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.8% vacancy may signal weakening demand.
What’s happening in Del Rio, TX (78840)?
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Market Analysis: 78840 Del Rio
Investors eyeing 78840 need to respect the fundamentals at play. Home values of $209K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 78840 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 78840's metrics run below Val Verde County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 78840 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.
New investors are better served looking at Del Rio's stable or hybrid ZIPs before stepping into 78840. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Del Rio:
Property Strategy for 78840
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $161,169 | $1,060 | 4.7% | +5.4% | $80,585 |
| 3BR | $252,464 | $1,440 | 4.1% | +6.3% | $84,155 |
| 4BR | $359,749 | $1,450 | 2.9% | +6.5% | $89,937 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78840 Compare?
| Metric | 78840 | Del Rio | Del Rio, TX | Texas |
|---|---|---|---|---|
| Home Value | $208,504 | $69,501 | N/A | $297,000 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,395 | $1,395 | N/A | - |
| Cap Rate | 5.2% | 5.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78840 (Del Rio, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $208,504 |
| Monthly Rent | $1,395 |
| Price-to-Rent | 12.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | -1.9% ▼ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | -3.0% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (7.3%) exceeds the estimated cap rate (5.2%). 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 78840
Population: 47,053
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 78840
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 kind of market is Del Rio, TX for investors?
With a 3.0/5 investability score, Del Rio, TX ranks as a solid market for rental property investors. Median prices of $209K and rents of $1,395/mo drive the underlying numbers.
How deep is the rental pool in Del Rio, TX?
Del Rio, TX offers a stable renter base at the $1,395/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the typical rental rate in Del Rio, TX?
Rents in Del Rio, TX run near $1,395/mo. Compared with median home prices of $209K that produces solid gross yields for typical rentals.
Is Del Rio, TX a good market for FHA house hackers?
The a challenging house-hack environment in Del Rio, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Should investors worry about vacancy in Del Rio, TX?
Expect elevated vacancy in Del Rio, TX. Rents at $1,395/mo are absorbed by the tenant base without meaningful lag.
You know 78840 now. You don’t know where it ranks.
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