Real Estate Investing in Groom, Texas (79039)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79039 (Groom, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 22.8% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Groom, TX (79039)?
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Market Analysis: 79039 Groom
Investors eyeing 79039 need to respect the fundamentals at play. Home values of $142K come alongside slower price movement and elevated management overhead.
For an experienced owner, 79039 can be a a strong candidate for hunting ground — but the discount at $142K reflects genuine risk that outside investors often underestimate.
Regionally, 79039 sits on the difficult end of the TX spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
From an investor standpoint, 686 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Groom's stable or hybrid ZIPs before stepping into 79039. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Groom:
Market Trends
Home Value History (with trend line)
📊 How Does 79039 Compare?
| Metric | 79039 | Groom | Amarillo, TX | Texas |
|---|---|---|---|---|
| Home Value | $141,750 | $141,750 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $945 | $945 | 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 79039 (Groom, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $141,750 |
| Monthly Rent | $945 |
| Price-to-Rent | 12.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 1.9% |
📈 Home Appreciation
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | -3.3% ▼ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (5.2%). 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 79039
Population: 686
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 79039
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 are rental rates like in Groom, TX?
Rent in Groom, TX is around $945/mo. The resulting rent-to-value relationship with $142K pricing is reasonable for most investor models.
Is housing expensive in Groom, TX?
In Groom, TX the median home value sits at $142K. Against the broader TX market, that reads as reasonable for most investors.
Does Groom, TX make sense for an investment property?
Our data puts Groom, TX at 2.0/5 for investability. Home prices of $142K and rents around $945/mo create a solid backdrop for investor activity.
What approach is best for Groom, TX real estate?
In Groom, TX the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $142K prices and $945/mo rents suits that approach.
Do landlords face vacancy issues in Groom, TX?
Groom, TX sees elevated vacancy, which is reasonable relative to the broader TX rental market.
You know 79039 now. You don’t know where it ranks.
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