Real Estate Investing in Amarillo, Texas (79110)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79110 (Amarillo, TX)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.6% vacancy may signal weakening demand.
What’s happening in Amarillo, TX (79110)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79110 Amarillo
Not every below-median market is a bargain. Amarillo's 79110 ZIP sits at signals that favor experienced operators who can absorb the risk $175K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 79110 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader TX picture, 79110 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 79110 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 79110 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Amarillo:
Property Strategy for 79110
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $109,167 | $1,270 | 8.4% | +6.8% | $54,584 |
| 3BR | $184,489 | $1,730 | 6.8% | +6.8% | $61,496 |
| 4BR | $222,910 | $2,000 | 6.5% | +6.4% | $55,728 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 79110 Compare?
| Metric | 79110 | Amarillo | Amarillo, TX | Texas |
|---|---|---|---|---|
| Home Value | $174,815 | $140,122 | N/A | $297,000 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 5.4% |
| Avg Rent | $1,306 | $1,170 | N/A | - |
| Cap Rate | 5.8% | 4.7% | - | - |
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 79110 (Amarillo, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $174,815 |
| Monthly Rent | $1,306 |
| Price-to-Rent | 11.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.0% |
| Cap Rate | 5.8% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.8%). 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 79110
Population: 18,514
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 79110
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ARDEN ROAD EL
WEST PLAINS J H
CORONADO EL
PARAMOUNT TERRACE EL
WESTERN PLATEAU EL
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
Investor Insight: With 4,162 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How should investors approach Amarillo, TX?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Amarillo, TX. The numbers - $175K homes against $1,306/mo rents - support that play.
What is the renter demographic in Amarillo, TX?
Expect a solid tenant pool in Amarillo, TX. The rental market absorbs $1,306/mo rents without meaningful friction.
What is the rental occupancy rate in Amarillo, TX?
Vacancy risk in Amarillo, TX is elevated. That supports reliable cash flow for typical rental holds.
Are homes affordable in Amarillo, TX?
Homes in Amarillo, TX typically sell near $175K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
What is the average monthly rent in Amarillo, TX?
Average rent in Amarillo, TX is approximately $1,306/mo per month. Against $175K home values that yields a reasonable rent-to-price ratio.
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How 79110 ranks in Amarillo, TX
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