Real Estate Investing in Houston, Texas (77019)
Should you buy in 77019 (Houston, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.8% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 30.0 — hard to cash-flow at these prices.
What’s happening in Houston, TX (77019)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77019 Houston
Not every below-median market is a bargain. Houston's 77019 ZIP stands at signals that favor experienced operators who can absorb the risk $696K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 77019 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 77019 and stronger Houston ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 77019 ZIP's population of 23,662 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Experienced landlords with local relationships tend to find 77019 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77019
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $241,405 | $1,980 | 5.9% | -1.2% | $241,405 |
| 2BR | $396,758 | $2,360 | 4.3% | +2.4% | $198,379 |
| 3BR | $696,613 | $3,170 | 3.3% | +2.8% | $232,204 |
| 4BR | $2,032,248 | $3,960 | 1.4% | +7.0% | $508,062 |
| 5BR | $5,101,096 | — | — | +5.7% | $1,020,219 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77019 Compare?
| Metric | 77019 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $696,103 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 2.5% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,936 | $1,549 | N/A | - |
| Cap Rate | 2.2% | 4.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 77019 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77019 (Houston, TX)?
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Property managers serving Harris County
Manage rentals here? List your business →SBB Community Management provides Texas HOA management services, including financial management, property maintenance, and technology solutions, serving Dallas, Fort Worth, and Houston since 1974. summary from their website
KPM Property Management offers end-to-end solutions including pre-acquisition due diligence, on-site property management, and development of townhomes in the Houston area. summary from their website
SBB Community Management provides Texas HOA management services for homeowners associations, condominium associations, and master-planned communities across Dallas, Fort Worth, and Houston. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $696,103 |
| Monthly Rent | $1,936 |
| Price-to-Rent | 30.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 4.7% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +1.3% ▲ |
🏠 Rent Trends
| 1-Year | -1.8% ▼ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +2.7% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 77019
Population: 23,662
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 77019
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HARRIS COUNTY JUVENILE DETENTION CENTER
ELLA J BAKER MONTESSORI SCHOOL
HARVARD EL
KINDER H S FOR PERFORMING AND VISUAL ARTS
MEMORIAL EL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 16,904 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are there empty rentals in Houston, TX?
Occupancy in Houston, TX runs reliable with elevated vacancy. Well-priced units at $1,936/mo lease on reasonable timelines.
What are rental rates like in Houston, TX?
Investors in Houston, TX typically see rents near $1,936/mo per month against $696K home values - a solid setup for rental cash flow.
What approach is best for Houston, TX real estate?
Investors usually favor careful cash-flow rentals with hands-on management in Houston, TX. With home values at $696K and rents near $1,936/mo, other strategies can work but produce reliable rather than outsized returns.
What is the median home value in Houston, TX?
Homes in Houston, TX typically sell near $696K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
What kind of market is Houston, TX for investors?
Yes - Houston, TX a 3.0/5 investability score. With $696K home prices against $1,936/mo monthly rent, the market delivers a reasonable entry point for new investors.
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