Real Estate Investing in Houston, Texas (77043)
Should you buy in 77043 (Houston, TX)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Houston, TX (77043)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77043 Houston
ZIP 77043 in Houston, TX carries a durable set of headwinds. Home values near $397K and rents of $1,632/mo sit inside a market where underwriting has to be tight.
The 77043 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 77043 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 77043 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77043
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $104,844 | $1,390 | 9.5% | +5.5% | $104,844 |
| 2BR | $135,912 | $1,650 | 8.7% | +2.8% | $67,956 |
| 3BR | $372,610 | $2,220 | 4.3% | +5.3% | $124,203 |
| 4BR | $468,485 | $2,770 | 4.3% | +4.9% | $117,121 |
| 5BR | $529,324 | — | — | +5.7% | $105,865 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77043 Compare?
| Metric | 77043 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $397,282 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 4.1% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,632 | $1,549 | N/A | - |
| Cap Rate | 3.2% | 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 77043 (Houston, TX). Anonymous, moderated, never written by AI.
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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 | $397,282 |
| Monthly Rent | $1,632 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 Rent Trends
| 1-Year | -11.4% ▼ |
| 3-Year CAGR | -3.3% ▼ |
| 5-Year CAGR | +1.4% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (3.2%). 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 77043
Population: 26,343
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 77043
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
THORNWOOD EL
SPRING BRANCH ACADEMIC INSTITUTE
MAURICE L WOLFE EL
MEADOW WOOD EL
NOTTINGHAM 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
Frequently Asked Questions
What are rental rates like in Houston, TX?
Rental rates in Houston, TX average $1,632/mo. Tenant demand and $397K home values make the yield look reasonable by investor standards.
How deep is the rental pool in Houston, TX?
Expect a solid tenant pool in Houston, TX. The rental market absorbs $1,632/mo rents without meaningful friction.
Is Houston, TX a good place for real estate investing?
Yes - Houston, TX a 3.0/5 investability score. With $397K home prices against $1,632/mo monthly rent, the market delivers a reasonable entry point for new investors.
How tight is the rental market in Houston, TX?
Vacancy risk in Houston, TX is elevated. That supports even-keeled cash flow for typical rental holds.
How do home values compare in Houston, TX?
In Houston, TX the median home value sits at $397K. Against the broader TX market, that reads as reasonable for most investors.
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