Property details·Franklin, Robertson County, Texas·000325-000100
Red Rock
Franklin, TX 77856
Robertson County
000325-000100
31.040100, -96.438000
County context
Robertson County sits in the post-oak savanna of Central Texas, roughly halfway between Dallas and Houston, and it carries the quiet weight of a place that time and capital have largely passed by. With just 17 people per square mile across its rolling ranch land and small towns like Hearne, Calvert, and Franklin, this is deep rural Texas — and the numbers reflect both the freedom and the strain that comes with it.
The headline statistic is deceptively appealing: a median home value of just $172,700, barely half the national median and a fraction of what buyers pay in Austin or the Dallas suburbs. For remote workers or retirees priced out of Texas's booming metros, Robertson County looks like a bargain. But scratch the surface and a more complicated picture emerges.
At first glance, Robertson County looks like an affordability success story. The price-to-income ratio sits at roughly 2.6x — far below the punishing 4x national benchmark and light-years from Austin's double-digit ratios. Homeownership reaches 73.3%, well above the national average, and 69% of housing is single-family. This is a county where people own the ground they live on.
But renters tell a different story. With a median rent of $773 against a median household income of $66,250, rent burden here reaches 39.2% — well above the 30% threshold that defines housing stress. More striking: 28.2% of renters face severe rent burden, meaning they're spending more than half their income on housing. In a low-cost county, that points to a population of renters earning well below the median — and it aligns with a poverty rate of 16.5% and a child poverty rate of 20.2% that are both notably elevated.
The 8.1% unemployment rate stands out sharply in a Texas economy that has otherwise powered through recent national headwinds. Labor force participation at 55.2% is unusually low, suggesting many working-age residents have stopped looking for work altogether. The county's economic backbone — agriculture, energy extraction, and a modest correctional presence — doesn't generate abundant year-round employment, and the lack of any public transit infrastructure means that job access is entirely car-dependent.
The 24.3% housing vacancy rate deserves attention. That's not a market in transition — it's a market in slow retreat, reflecting decades of rural outmigration as younger residents leave for Waco, Bryan-College Station, or Houston.
| Stat | Value | Context |
|---|---|---|
| Median Home Value | $172,700 | 54% of the national median |
| Severe Rent Burden | 28.2% | Nearly 1 in 3 renters spending 50%+ on housing |
| Unemployment Rate | 8.1% | More than double Texas's ~3.9% average |
| Housing Vacancy Rate | 24.3% | Signals sustained population loss |
What makes Robertson County unique? Robertson County combines some of the most accessible home prices in Central Texas with unexpectedly deep housing stress among renters — a paradox explained by a bifurcated local economy where landowners hold significant equity while a substantial lower-income renter class struggles with poverty wages and limited job options.
Is Robertson County a good place to buy property cheaply in Texas? For cash buyers or those with outside income, entry costs are genuinely low and ownership rates are high. The risk factors are long-term appreciation potential (the high vacancy rate suggests limited demand pressure) and infrastructure — broadband access at 82% and zero public transit mean the county remains dependent on private car ownership and outside investment.
Why is unemployment so high in Robertson County compared to the rest of Texas? The county's employment base centers on agriculture, oil and gas extraction, and corrections — sectors that are either seasonal, capital-intensive, or limited in growth. The absence of a major employer, university, or logistics hub within the county keeps the labor market thin, and the low labor force participation rate suggests many residents have moved to the economic sidelines entirely.
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