Texas
Hockley County
ZIP 79407
21,455 residents7 permits TTM$54,810 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$112,700
ACS 5-Year
Cap rate proxy
8.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.8%
HUD FMR ÷ ACS HHI
Net migration
+1.31%
IRS SOI
Permits (TTM)
7
Census BPS
Climate risk
51.4
FEMA NRI (0–100)
ZIP 79407
Median home value
—
Gross yield
—
Cap rate
8.1%
Rent gap
—
Affordability
P/I: 4.1R/I: 33.0%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown8 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 79353 | — | — | — | 8.7% | — |
| 79380 | — | — | — | 8.7% | — |
| 79367 | — | — | — | 8.7% | — |
| 79313 | — | — | — | 7.1% | — |
| 79372 | — | — | — | 7.0% | — |
Ranked by composite score
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Demographics
Owner-occupied
72.6%
Census ACS
Vacancy rate
12.5%
Census ACS
Bachelor's degree +
18.3%
Census ACS
Rent burdened
36.9%
Census ACS (>30% income)
Median age
35.8
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026