Real Estate Investing in Perryton, Texas (79070)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79070 (Perryton, 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.
- High vacancy: 14.1% of homes vacant — above national norms.
- Declining values: -3.0% 5-year CAGR — values have moved lower.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Perryton, TX (79070)?
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Market Analysis: 79070 Perryton
The 79070 ZIP covers a section of Perryton that demands careful diligence. Prices near $131K look accessible, but the work to make a deal cash flow is real.
On the rental side, the numbers look inviting — $131K purchase price, 0.0% nominal cap — the work to hit that pro forma in 79070 is substantial and deserves full respect.
In the broader TX picture, 79070 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 79070 ZIP's population of 9,655 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Strategically, 79070 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 Perryton:
Market Trends
Home Value History (with trend line)
📊 How Does 79070 Compare?
| Metric | 79070 | Perryton | Pampa, TX | Texas |
|---|---|---|---|---|
| Home Value | $131,208 | $131,208 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 5.3% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79070 (Perryton, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $131,208 |
| Monthly Rent | $891 |
| Price-to-Rent | 12.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.2% |
| Cap Rate | 5.3% |
| 5-Year IRR | 2.3% |
📈 Home Appreciation
| 1-Year | +11.3% ▲ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | -3.0% ▼ |
| 10-Year CAGR | +0.4% ▲ |
🏠 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 (5.3%). 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 79070
Population: 9,655
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 79070
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 does house hacking look like in Perryton, TX?
For house hackers, Perryton, TX is a challenging. The $891/mo rent on a unit helps defray the mortgage on a $131K property.
Are landlord laws favorable in Perryton, TX?
Rental owners in Perryton, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How quickly do rentals get leased in Perryton, TX?
Perryton, TX carries elevated vacancy risk. Expect stable absorption at market rents of $891/mo.
How strong are rents in Perryton, TX?
The typical rental in Perryton, TX commands about $891/mo monthly. That rent profile even-keeled cash flow against the $131K purchase basis.
What is the average home sale price in Perryton, TX?
Typical homes in Perryton, TX go for around $131K. The 5-year CAGR of 0.0% reliable price movement.
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