Updated 2026 · Based on median market data for Big Spring, TX
Big Spring sits in the South with a population of 50,000 growing rapidly at 1.8% annually. The median home costs $140,000 while rents average $1,210/mo, producing an estimated cap rate of 7.25%. This puts Big Spring in the upper tier of investable US markets.
Big Spring is ideal for cash flow investors, BRRRR practitioners, and anyone building a portfolio of affordable, income-producing rentals. The low price point ($140,000) means you can get started with a $28,000 down payment, and the 7.25% cap rate should produce positive cash flow even with conservative financing.
Target properties priced 15-25% below the $140,000 median — around $112,000 or less. At this price point with $1,210/mo rents, your cap rate improves to roughly 9.7%. Factor in 1.72% property taxes ($2,408/yr), budget 5% of gross rent for maintenance, and underwrite to a 5.8% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $1,045.
Property taxes at 1.72% are notably high — this is a significant drag on NOI that some investors underestimate. Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.
Run the numbers on a specific Big Spring property using our cap rate calculator (pre-filled with Big Spring data). Compare Big Spring against similar markets in the South region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.
Big Spring vs Texas state average and national average across key investment metrics. Big Spring outperforms both benchmarks on cap rate.