Real Estate Investing in Morton, Texas (79346)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79346 (Morton, 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: 22.2% of homes vacant — above national norms.
- 1-year downturn: Values declined 4.8% in the last year.
- Elevated poverty: 23.4% poverty rate — can affect rent collection.
- Lower household income: $39,850 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Morton, TX (79346)?
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Market Analysis: 79346 Morton
Investors scanning Morton, TX for forced-equity plays often land on the 79346 ZIP. A a strong candidate for entry near $51K pairs with rents of $900/mo to widen the renovation window.
In 79346, the deal is made on the buy and on the capex. robust entry prices of $51K leave room in the budget for light-to-medium renovation, with rent lift to match.
Across TX, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 79346 comes in at both traits clearly.
Demographically, 79346 is a working ZIP — not a luxury market. That profile is exactly what value-add operators need in order to price their renovated product correctly.
Experienced operators with contractor networks find 79346 a credible choice for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Morton:
Market Trends
Home Value History (with trend line)
📊 How Does 79346 Compare?
| Metric | 79346 | Morton | Texas |
|---|---|---|---|
| Home Value | $51,200 | $51,200 | $297,000 |
| 5-Year CAGR | N/A | N/A | 5.4% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 13.7% | 13.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79346 (Morton, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $51,200 |
| Monthly Rent | $900 |
| Price-to-Rent | 4.7:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 21.1% |
| Cap Rate | 13.7% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | -4.8% ▼ |
| 3-Year CAGR | -7.2% ▼ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (13.7%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 79346
Population: 1,788
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 79346
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 real estate in Morton, TX a good investment right now?
Investors tracking Morton, TX will find a 4.0/5 rating supported by $51K median home values and $900/mo rents. That profile suits long-term holders targeting measured returns.
What does house hacking look like in Morton, TX?
House hacking works an attractive in Morton, TX. Rents of $900/mo against $51K acquisition make the strategy solid for owner-occupants.
Does the 1% rule work in Morton, TX?
With $900/mo rents against $51K home prices, Morton, TX produces a 1.76% ratio. That is reasonable proximity to the 1% threshold.
Can investors BRRRR in Morton, TX?
Investors running BRRRR in Morton, TX see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
Is Morton, TX better for rentals, flips, or BRRRR?
Investors who focus on value-add and BRRRR deals typically do well in Morton, TX. The numbers - $51K homes against $900/mo rents - support that play.
You know 79346 now. You don’t know where it ranks.
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