Real Estate Investing in Ransom Canyon, Texas (79366)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79366 (Ransom Canyon, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 27.7 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ransom Canyon, TX (79366)?
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Market Analysis: 79366 Ransom Canyon
The 79366 ZIP in Ransom Canyon, TX is a local-operator market. Outside capital chasing a $392K entry has to pair deep knowledge with the discount.
The investment case in 79366 is solid only for operators who understand what they are buying. A $392K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader TX picture, 79366 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 79366 includes headwinds that any investor should price in. Income distribution skews lower than Ransom Canyon averages, and tenant stability requires active management.
The 79366 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 Ransom Canyon:
Market Trends
Home Value History (with trend line)
📊 How Does 79366 Compare?
| Metric | 79366 | Ransom Canyon | Lubbock, TX | Texas |
|---|---|---|---|---|
| Home Value | $392,212 | $392,212 | N/A | $297,000 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 5.4% |
| Avg Rent | $1,179 | $1,179 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79366 (Ransom Canyon, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $392,212 |
| Monthly Rent | $1,179 |
| Price-to-Rent | 27.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (2.3%). 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 79366
Population: 1,081
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,467 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in Ransom Canyon, TX?
Occupancy in Ransom Canyon, TX runs steady with elevated vacancy. Well-priced units at $1,179/mo lease on reasonable timelines.
Does house hacking work in Ransom Canyon, TX?
House hacking in Ransom Canyon, TX is reasonable to execute. Prices around $392K and rents of $1,179/mo solid owner-occupant economics.
Are tenants stable in Ransom Canyon, TX?
Working renters make up the core of the Ransom Canyon, TX tenant base. The pool is reasonable for investors targeting long-term holds.
Is TX a landlord-friendly state?
Landlord-friendliness in Ransom Canyon, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the median home value in Ransom Canyon, TX?
Expect median prices around $392K in Ransom Canyon, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
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