San Antonio-New Braunfels, TX · Texas

Bandera County

ZIP 78884

21,589 residents1 permits TTM$69,703 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$249,800

ACS 5-Year

Cap rate proxy

6.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.2%

HUD FMR ÷ ACS HHI

Net migration

+2.41%

IRS SOI

Permits (TTM)

1

Census BPS

Climate risk

66.7

FEMA NRI (0–100)

ZIP 78884

Median home value

$249,800

Gross yield

5.2%

Cap rate

4.8%

Rent gap

8.4%

Affordability

P/I: 3.6R/I:

Section 8 detail

SAFMR: $1,090Rent: $998Gap: 9.2%
ZIP code breakdown6 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
78883$249,800county est.$1,1405.5%4.8%12.5%
78884$249,800county est.$1,0905.2%4.8%8.4%
78885$249,800county est.$1,0405.0%4.8%4.0%
78063$302,404$1,4105.6%4.0%29.2%
78003$327,342$1,1404.2%3.7%12.5%
78055$367,734$1,1203.7%3.3%10.9%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

86.2%

Census ACS

Vacancy rate

22.3%

Census ACS

Bachelor's degree +

25.5%

Census ACS

Rent burdened

28.6%

Census ACS (>30% income)

Median age

53.4

Census ACS

Data sources
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