Real Estate Investing in Seagraves, Texas (79359)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79359 (Seagraves, 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: 12.4% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Seagraves, TX (79359)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79359 Seagraves
This part of Gaines County is not an easy win. The 79359 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 79359 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within TX, ZIP 79359 trails on several market indicators that neighboring Gaines County submarkets outperform. The gap is real and robust enough to shape underwriting.
Who lives in 79359 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 79359 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Seagraves:
Market Trends
Home Value History (with trend line)
📊 How Does 79359 Compare?
| Metric | 79359 | Seagraves | Texas |
|---|---|---|---|
| Home Value | $117,377 | $117,377 | $297,000 |
| 5-Year CAGR | N/A | N/A | 5.4% |
| Avg Rent | $918 | $918 | - |
| 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 79359 (Seagraves, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $117,377 |
| Monthly Rent | $918 |
| Price-to-Rent | 10.7:1 |
| 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 | +0.1% ▲ |
| 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 (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 79359
Population: 3,465
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 79359
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 are home prices like in Seagraves, TX?
Expect median prices around $117K in Seagraves, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
Are eviction rules reasonable in Seagraves, TX?
Landlord-friendliness in Seagraves, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the investability score for Seagraves, TX?
Seagraves, TX scores 3.0/5 for investability. Home values sit at $117K and rents near $918/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Which real estate strategy fits Seagraves, TX?
In Seagraves, TX the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $117K prices and $918/mo rents suits that approach.
What is the tenant pool like in Seagraves, TX?
Tenant quality in Seagraves, TX ranks as solid. Landlords generally report even-keeled occupancy at market rents of $918/mo.
You know 79359 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 79359 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.
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