Real Estate Investing in Kermit, Texas (79745)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79745 (Kermit, 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: 16.0% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.1% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kermit, TX (79745)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79745 Kermit
The 79745 ZIP covers a section of Kermit that demands careful diligence. Prices near $143K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 79745 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
On balance, 79745 offers a low basis, the region around Kermit has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 79745 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
tilts 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 Kermit:
Market Trends
Home Value History (with trend line)
📊 How Does 79745 Compare?
| Metric | 79745 | Kermit | Texas |
|---|---|---|---|
| Home Value | $143,362 | $143,362 | $297,000 |
| 5-Year CAGR | 0.1% | 0.1% | 5.4% |
| Avg Rent | $891 | $891 | - |
| Cap Rate | 4.9% | 4.9% | - |
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 79745 (Kermit, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 79745 (Kermit, TX)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $143,362 |
| Monthly Rent | $891 |
| Price-to-Rent | 13.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 4.9% |
📈 Home Appreciation
| 1-Year | +26.3% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 5-Year CAGR | +0.1% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (4.9%). 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 79745
Population: 6,160
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 79745
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 is the typical home price in Kermit, TX?
Kermit, TX median home values land near $143K. That is reasonable territory for investors looking at $891/mo-per-month rentals.
How strict are landlord regulations in Kermit, TX?
TX law landlord-friendly for landlords, and Kermit inherits those rules. Investors should still review local ordinances for rental licensing.
What is the typical vacancy rate in Kermit, TX?
Vacancy risk in Kermit, TX is elevated. That supports measured cash flow for typical rental holds.
What is the average monthly rent in Kermit, TX?
Rental rates in Kermit, TX average $891/mo. Tenant demand and $143K home values make the yield look reasonable by investor standards.
Is Kermit, TX suited for a house hack?
Kermit, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $143K price point reasonable to enter.
You know 79745 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 79745 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.
AI Market Advisor
Ask questions about investing in 79745 (Kermit)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 79745 (Kermit, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.