Real Estate Investing in Olton, Texas (79064)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79064 (Olton, 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: 25.0% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.1% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Olton, TX (79064)?
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Market Analysis: 79064 Olton
The 79064 ZIP in Olton, TX is a local-operator market. Outside capital chasing a $111K entry has to pair deep knowledge with the discount.
From an investor standpoint, the numbers look inviting — $111K purchase price, 0.0% nominal cap — the work to hit that pro forma in 79064 is substantial and deserves full respect.
In the broader TX picture, 79064 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
On the rental side, 2,191 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.
Strategy in 79064 is an operator game, not a passive one. Put differently, entry prices of $111K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Olton:
Market Trends
Home Value History (with trend line)
📊 How Does 79064 Compare?
| Metric | 79064 | Olton | Plainview, TX | Texas |
|---|---|---|---|---|
| Home Value | $111,253 | $111,253 | N/A | $297,000 |
| 5-Year CAGR | 0.1% | 0.1% | N/A | 5.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 6.1% | 6.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79064 (Olton, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $111,253 |
| Monthly Rent | $873 |
| Price-to-Rent | 10.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.4% |
| Cap Rate | 6.1% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | -0.4% ▼ |
| 5-Year CAGR | +0.1% ▲ |
| 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 (6.1%). 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 79064
Population: 2,191
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 79064
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 is the median home value in Olton, TX?
Expect median prices around $111K in Olton, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
What does house hacking look like in Olton, TX?
The a challenging house-hack environment in Olton, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is it easy to find good tenants in Olton, TX?
The renter base in Olton, TX is reasonable for the $873/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
How landlord-friendly is Olton, TX?
Landlord-friendliness in Olton, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the typical vacancy rate in Olton, TX?
Occupancy in Olton, TX runs stable with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
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