Real Estate Investing in Plainview, Texas (79072)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79072 (Plainview, 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: 17.8% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.7% CAGR).
What’s happening in Plainview, TX (79072)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79072 Plainview
The 79072 ZIP in Plainview, TX is a local-operator market. Outside capital chasing a $120K entry has to pair deep knowledge with the discount.
The 79072 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Plainview have seen price recovery that 79072 has not matched. Hale County data supports the view that the spread is structural rather than temporary.
Resident income in 79072 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 79072 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Plainview:
Property Strategy for 79072
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $86,058 | $980 | 8.2% | +3.8% | $43,029 |
| 3BR | $156,973 | $1,310 | 6.0% | +5.3% | $52,324 |
| 4BR | $208,908 | $1,490 | 5.1% | +5.5% | $52,227 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 79072 Compare?
| Metric | 79072 | Plainview | Plainview, TX | Texas |
|---|---|---|---|---|
| Home Value | $119,597 | $59,798 | N/A | $297,000 |
| 5-Year CAGR | 0.7% | 0.7% | N/A | 5.4% |
| Avg Rent | $947 | $947 | N/A | - |
| Cap Rate | 6.2% | 6.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79072 (Plainview, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 79072 (Plainview, TX)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $119,597 |
| Monthly Rent | $947 |
| Price-to-Rent | 10.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.5% |
| Cap Rate | 6.2% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | -1.0% ▼ |
| 5-Year CAGR | +0.7% ▲ |
| 10-Year CAGR | +3.0% ▲ |
🏠 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 (6.2%). 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 79072
Population: 25,596
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 79072
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Plainview, TX a good market for buy-and-hold investors?
Plainview, TX rates 3.0/5 for investability. With median values at $120K and rents near $947/mo, the market offers reasonable fundamentals for rental investors.
What kind of vacancy should I budget for in Plainview, TX?
Expect elevated vacancy in Plainview, TX. Rents at $947/mo are absorbed by the tenant base without meaningful lag.
Are landlord laws favorable in Plainview, TX?
Plainview, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Which real estate strategy fits Plainview, TX?
For Plainview, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How much is rent in Plainview, TX?
Average rent in Plainview, TX is approximately $947/mo per month. Against $120K home values that yields a reasonable rent-to-price ratio.
You know 79072 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 79072 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 79072 ranks in Plainview, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 79072 (Plainview)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 79072 (Plainview, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.