Is Menard County, TX good for real estate investing?

Menard County has an investment score of 49/100, rated as "Hold". The county ranks #570 nationally among 1000 counties analyzed.

What is the median home price in Menard?

The median home price in Menard County is $206,500. This ranks #384 in affordability among all US counties.

Can you cash flow on rental properties in Menard?

Based on median values with 20% down at current rates, a typical rental in Menard County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Menard County

TexasPopulation: 1,964

/100

Hold

#570 of 1,000 counties

#143 in Texas (243 counties)

Market Snapshot

$206,500

Median Home Price

12% below national median

$12,275/mo

Est. Rent

Based on regional data

5.94%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

49/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

44/100

Based on -1.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

54/100

Price-to-income ratio of 5.0x. 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

No significant strengths identified based on current data.

Challenges

-Declining home values (-1.1% YoY)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

1,964

Median Income

$40,945

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.0x

Less affordable

Compare to Nearby Counties

County					Verdict
FayetteTX	50	$461,946	Est. pending	—	Hold	View
CurrentMenardTX	49	$206,500	Est. pending	—	Hold
Red RiverTX	49	$161,421	Est. pending	—	Hold	View
StarrTX	48	$130,042	Est. pending	—	Hold	View
BaylorTX	48	$119,420	Est. pending	—	Hold	View
Jim WellsTX	47	$133,520	Est. pending	—	Hold	View

The Bottom Line

HoldMenard is a neutral market.

Menard County in Texas scores 49/100, ranking #570 of 1,000 US counties (top 75%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash