Real Estate Investing in Abilene, Texas (79605)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79605 (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: 10.7% vacancy may signal weakening demand.
What’s happening in Abilene, TX (79605)?
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Market Analysis: 79605 Abilene
From an investor standpoint, ZIP 79605 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $183K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 79605 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 79605's metrics run below Taylor County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 79605 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 Abilene:
Property Strategy for 79605
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $120,348 | $1,360 | 8.1% | +5.9% | $60,174 |
| 3BR | $178,009 | $1,760 | 7.1% | +6.4% | $59,336 |
| 4BR | $252,332 | $2,120 | 6.0% | +6.2% | $63,083 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 79605 Compare?
| Metric | 79605 | Abilene | Abilene, TX | Texas |
|---|---|---|---|---|
| Home Value | $182,823 | $141,154 | N/A | $297,000 |
| 5-Year CAGR | 5.9% | 6.0% | N/A | 5.4% |
| Avg Rent | $1,718 | $2,094 | N/A | - |
| Cap Rate | 7.3% | 7.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79605 (Abilene, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $182,823 |
| Monthly Rent | $1,718 |
| Price-to-Rent | 8.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.3% |
| Cap Rate | 7.3% |
| 5-Year IRR | 13.2% |
📈 Home Appreciation
| 1-Year | +14.3% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +22.7% ▲ |
| 3-Year CAGR | +13.6% ▲ |
| 5-Year CAGR | +11.4% ▲ |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.3%). 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 79605
Population: 28,257
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 79605
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 TX a landlord-friendly state?
TX law landlord-friendly for landlords, and Abilene inherits those rules. Investors should still review local ordinances for rental licensing.
Is it easy to find good tenants in Abilene, TX?
Tenant quality in Abilene, TX ranks as solid. Landlords generally report consistent occupancy at market rents of $1,718/mo.
How do home values compare in Abilene, TX?
The median home value in Abilene, TX is roughly $183K. That puts it reasonable relative to the TX statewide average.
How does Abilene, TX stack up for property investment?
With a 3.0/5 investability score, Abilene, TX ranks as a solid market for rental property investors. Median prices of $183K and rents of $1,718/mo drive the underlying numbers.
What is the best play in Abilene, TX?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Abilene, TX. The numbers - $183K homes against $1,718/mo rents - support that play.
You know 79605 now. You don’t know where it ranks.
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How 79605 ranks in Abilene, TX
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