Real Estate Investing in Levelland, Texas (79336)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79336 (Levelland, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 13.1% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).
What’s happening in Levelland, TX (79336)?
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Market Analysis: 79336 Levelland
Meanwhile, ZIP 79336 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $164K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $164K asset, 79336 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within TX, ZIP 79336 trails on several market indicators that neighboring Hockley County submarkets outperform. The gap is real and robust enough to shape underwriting.
Resident income in 79336 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Levelland:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 79336 Compare?
| Metric | 79336 | Levelland | Levelland, TX | Texas |
|---|---|---|---|---|
| Home Value | $163,878 | $163,878 | N/A | $297,000 |
| 5-Year CAGR | 1.4% | 1.4% | N/A | 5.4% |
| Avg Rent | $650 | $650 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79336 (Levelland, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $163,878 |
| Monthly Rent | $650 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 4.5% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +1.4% ▲ |
| 10-Year CAGR | +3.2% ▲ |
🏠 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 (3.1%). 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 79336
Population: 15,265
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 79336
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
Investor Insight: With 3,094 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Levelland, TX better for rentals, flips, or BRRRR?
For Levelland, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is Levelland, TX a friendly market for rental owners?
Levelland, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What monthly rent should investors expect in Levelland, TX?
Average rent in Levelland, TX is approximately $650/mo per month. Against $164K home values that yields a reasonable rent-to-price ratio.
Are renters plentiful in Levelland, TX?
Levelland, TX draws a measured base of working renters. Demand at the $650/mo rent level is reasonable for standard single-family and small multi rentals.
Is Levelland, TX a good place for real estate investing?
Yes - Levelland, TX a 2.0/5 investability score. With $164K home prices against $650/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 79336 now. You don’t know where it ranks.
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How 79336 ranks in Levelland, TX
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