Real Estate Investing in Abilene, Texas (79602)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79602 (Abilene, 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: 11.9% vacancy may signal weakening demand.
What’s happening in Abilene, TX (79602)?
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Market Analysis: 79602 Abilene
Investors eyeing 79602 need to respect the fundamentals at play. Home values of $272K come alongside slower price movement and elevated management overhead.
The 79602 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 79602 and stronger Abilene ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 79602 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Abilene's stable or hybrid ZIPs before stepping into 79602. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Abilene:
Property Strategy for 79602
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $117,580 | $1,260 | 7.7% | +6.1% | $58,790 |
| 3BR | $248,208 | $1,630 | 4.7% | +6.2% | $82,736 |
| 4BR | $370,367 | $1,960 | 3.8% | +5.9% | $92,592 |
| 5BR | $612,787 | — | — | +6.8% | $122,557 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 79602 Compare?
| Metric | 79602 | Abilene | Abilene, TX | Texas |
|---|---|---|---|---|
| Home Value | $271,538 | $141,154 | N/A | $297,000 |
| 5-Year CAGR | 5.4% | 6.0% | N/A | 5.4% |
| Avg Rent | $2,510 | $2,094 | N/A | - |
| Cap Rate | 7.2% | 7.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79602 (Abilene, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $271,538 |
| Monthly Rent | $2,510 |
| Price-to-Rent | 9.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.1% |
| Cap Rate | 7.2% |
| 5-Year IRR | 12.6% |
📈 Home Appreciation
| 1-Year | +9.6% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 Rent Trends
| 1-Year | +65.1% ▲ |
| 3-Year CAGR | +24.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.2%). 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 79602
Population: 26,588
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 79602
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
Frequently Asked Questions
Is housing expensive in Abilene, TX?
In Abilene, TX the median home value sits at $272K. Against the broader TX market, that reads as reasonable for most investors.
What is the best play in Abilene, TX?
A careful cash-flow rentals with hands-on management strategy Abilene, TX best. The market produces measured results for that approach at the $272K price point.
What are vacancy rates like in Abilene, TX?
Expect elevated vacancy in Abilene, TX. Rents at $2,510/mo are absorbed by the tenant base without meaningful lag.
Is Abilene, TX a friendly market for rental owners?
The landlord environment in Abilene, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How qualified is the tenant pool in Abilene, TX?
Abilene, TX offers a measured renter base at the $2,510/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 79602 now. You don’t know where it ranks.
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How 79602 ranks in Abilene, TX
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Community Ratings
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