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MarketsMarket MapHereford, TX
Metropolitan Area

Hereford, TX

Texas0
61
/100
Buy
#484 of 894 metros
Top 54% nationally for investing

Market Snapshot

$178,142
Median Home Price
30% below national median
$10,510/mo
Est. Rent
Based on regional data
5.90%
Rent-to-Price Ratio
Estimated from price data
-$934
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
61/100
61
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
46/100

Based on -1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
92/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Declining home values (-1.0% YoY)
  • -Negative cash flow at typical financing (-$934/mo)
  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)

Counties in Hereford, TX

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Elmira, NY
Elmira, NY
81$161,607$1,2639.38%Strong BuyView
Lamesa, TX
Lamesa, TX
81$113,282Est.Strong BuyView
Lincoln, IL
Lincoln, IL
81$142,630Est.Strong BuyView
Union City, TN
Union City, TN
80$166,036Est.Strong BuyView
Guymon, OK
Guymon, OK
80$168,571Est.Strong BuyView
Current
Hereford, TX
61$178,142Est.Buy

The Bottom Line

BuyHereford, TX offers solid investment potential with good cash flow or appreciation prospects.

The Hereford, TX metro area scores 61/100, ranking #484 of 894 US metros (top 54%). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-934/mo
Cap Rate
0.0%
Cash-on-Cash
-31.5%

Ready to Invest in Hereford, TX?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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