Real Estate Investing in Wildorado, Texas (79098)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79098 (Wildorado, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 14.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 27.3 — hard to cash-flow at these prices.
- Lower household income: $38,105 median — tenant affordability is tighter.
• 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 Wildorado, TX (79098)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79098 Wildorado
ZIP 79098 inside Deaf Smith County looks affordable on the surface — median value of $328K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $999/mo on a $328K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 79098 sits below the stated 0.0% once reality is priced in.
Within TX, ZIP 79098 trails on several market indicators that neighboring Deaf Smith County submarkets outperform. The gap is real and substantial enough to shape underwriting.
A healthy renter share of 18% in 79098 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Wildorado's stable or hybrid ZIPs before stepping into 79098. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Wildorado:
Market Trends
Home Value History (with trend line)
📊 How Does 79098 Compare?
| Metric | 79098 | Wildorado | Hereford, TX | Texas |
|---|---|---|---|---|
| Home Value | $327,757 | $327,757 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $999 | $999 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
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 79098 (Wildorado, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $327,757 |
| Monthly Rent | $999 |
| Price-to-Rent | 27.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +10.1% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 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 (2.4%). 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 79098
Population: 535
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 79098
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 average home sale price in Wildorado, TX?
In Wildorado, TX the median home value sits at $328K. Against the broader TX market, that reads as reasonable for most investors.
Is Wildorado, TX landlord-friendly?
Wildorado, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What is the typical renter like in Wildorado, TX?
Working renters make up the core of the Wildorado, TX tenant base. The pool is reasonable for investors targeting long-term holds.
How should investors approach Wildorado, TX?
For Wildorado, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Do landlords face vacancy issues in Wildorado, TX?
Wildorado, TX carries elevated vacancy risk. Expect reliable absorption at market rents of $999/mo.
You know 79098 now. You don’t know where it ranks.
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