Real Estate Investing in Lorenzo, Texas (79343)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79343 (Lorenzo, 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: 16.4% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.6% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lorenzo, TX (79343)?
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Market Analysis: 79343 Lorenzo
The 79343 ZIP covers a section of Lorenzo that demands careful diligence. Prices near $109K look accessible, but the work to make a deal cash flow is real.
From an investor standpoint, the numbers look inviting — $109K purchase price, 0.0% nominal cap — the work to hit that pro forma in 79343 is substantial and deserves full respect.
Statewide comparisons place 79343 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 79343 ZIP's population of 1,309 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Strategically, 79343 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Lorenzo:
Market Trends
Home Value History (with trend line)
📊 How Does 79343 Compare?
| Metric | 79343 | Lorenzo | Lubbock, TX | Texas |
|---|---|---|---|---|
| Home Value | $108,998 | $108,998 | N/A | $297,000 |
| 5-Year CAGR | 0.6% | 0.6% | N/A | 5.4% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 7.0% | 7.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79343 (Lorenzo, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $108,998 |
| Monthly Rent | $972 |
| Price-to-Rent | 9.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.7% |
| Cap Rate | 7.0% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +0.6% ▲ |
| 10-Year CAGR | +2.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.0%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 79343
Population: 1,309
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 79343
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
Is Lorenzo, TX a good market for FHA house hackers?
Lorenzo, TX offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $972/mo rent level.
What is the typical renter like in Lorenzo, TX?
Lorenzo, TX offers a even-keeled renter base at the $972/mo rent level. Tenant turnover is reasonable for well-managed properties.
Should investors consider Lorenzo, TX?
With a 3.0/5 investability score, Lorenzo, TX ranks as a solid market for rental property investors. Median prices of $109K and rents of $972/mo drive the underlying numbers.
Are eviction rules reasonable in Lorenzo, TX?
Lorenzo, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How expensive is real estate in Lorenzo, TX?
The median home value in Lorenzo, TX is roughly $109K. That puts it reasonable relative to the TX statewide average.
You know 79343 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 79343 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 79343 ranks in Lubbock, TX
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