Is McLennan County, TX good for real estate investing?

McLennan County has an investment score of 58/100, rated as "Hold". The county ranks #573 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in McLennan?

The rent-to-price ratio in McLennan County is 7.01% annually, which ranks in the 77th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in McLennan?

The median home price in McLennan County is $253,965. This ranks #438 in affordability among all US counties.

Can you cash flow on rental properties in McLennan?

Based on median values with 20% down at current rates, a typical rental in McLennan County would generate negative cash flow of $366/month. Individual property performance varies based on purchase price, rent, and operating expenses.

McLennan County

TexasPopulation: 261,090

/100

Hold

#573 of 1,000 counties

#85 in Texas (243 counties)

Market Snapshot

$253,965

Median Home Price

7% below national median

$1,484/mo

Median Rent

1% below national median

7.01%

Rent-to-Price Ratio

Top 23% nationally

-$366

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

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

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$253,965

Down Payment (20%)$50,793

Loan Amount$203,172

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,484

Monthly P&I-$1,331

Est. Expenses (35%)-$519

Net Cash Flow-$366/mo

4.6%

Cap Rate (all cash)

-7.5%

Cash-on-Cash Return

7.01%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

58/100

Cash Flow(30%)

70/100

Based on 7.01% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

43/100

Based on -1.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

66/100

Price-to-income ratio of 4.2x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.01%)
+Complete rent data available

Challenges

-Declining home values (-1.3% YoY)
-Negative cash flow at typical financing (-$366/mo)
-Negative leverage (cap rate 4.6% < mortgage rate 6.9%)

Economic Indicators

Population

261,090

Median Income

$59,781

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.2x

Moderately affordable

Compare to Nearby Counties

County					Verdict
HidalgoTX	59	$189,061	$1,124	7.13%	Hold	View
CurrentMcLennanTX	58	$253,965	$1,484	7.01%	Hold
SmithTX	58	$266,236	$1,402	6.32%	Hold	View
KaufmanTX	58	$299,729	$1,869	7.48%	Hold	View
VictoriaTX	58	$211,088	$1,124	6.39%	Hold	View
AtascosaTX	58	$242,054	Est. pending	—	Hold	View

The Bottom Line

HoldMcLennan is a neutral market. Consider house hacking or targeting below-market deals.

McLennan County in Texas scores 58/100, ranking #573 of 1,000 US counties (top 57%). The 7.01% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-366/mo

Cap Rate

4.6%

Cash-on-Cash

-7.5%

Ready to Analyze a Deal in McLennan?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$253,965

Down Payment (20%)$50,793

Loan Amount$203,172

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,484

Monthly P&I-$1,331

Est. Expenses (35%)-$519

Net Cash Flow-$366/mo

4.6%

Cap Rate (all cash)

-7.5%

Cash-on-Cash Return

7.01%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

58/100

Cash Flow(30%)

70/100

Based on 7.01% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

43/100

Based on -1.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

66/100

Price-to-income ratio of 4.2x. Lower ratios indicate more affordable markets.

County

Verdict

HidalgoTX

$189,061

$1,124

7.13%

Hold

View

CurrentMcLennanTX

$253,965

$1,484

7.01%

Hold

SmithTX

$266,236

$1,402

6.32%

Hold

View

KaufmanTX

$299,729

$1,869

7.48%

Hold

View

VictoriaTX

$211,088

$1,124

6.39%

Hold

View

AtascosaTX

$242,054

Est. pending

—

Hold

View

The Bottom Line

HoldMcLennan is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-366/mo

Cap Rate

4.6%

Cash-on-Cash

-7.5%