Real Estate Investing in Houston, Texas (77057)
Should you buy in 77057 (Houston, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.1% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).
What’s happening in Houston, TX (77057)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77057 Houston
Investors eyeing 77057 need to respect the fundamentals at play. Home values of $277K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 77057 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 77057 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 77057 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 77057 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77057
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $116,380 | $1,520 | 9.4% | +3.5% | $116,380 |
| 2BR | $206,989 | $1,810 | 6.3% | +2.7% | $103,494 |
| 3BR | $490,294 | $2,430 | 3.6% | +3.3% | $163,431 |
| 4BR | $1,172,381 | $3,040 | 1.9% | +5.0% | $293,095 |
| 5BR | $2,099,978 | — | — | +5.5% | $419,996 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77057 Compare?
| Metric | 77057 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $276,771 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 1.4% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,449 | $1,549 | N/A | - |
| Cap Rate | 4.1% | 4.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 77057 (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 | $276,771 |
| Monthly Rent | $1,449 |
| Price-to-Rent | 15.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | -1.2% ▼ |
| 3-Year CAGR | -1.5% ▼ |
| 5-Year CAGR | +1.4% ▲ |
| 10-Year CAGR | +0.5% ▲ |
🏠 Rent Trends
| 1-Year | -4.5% ▼ |
| 3-Year CAGR | -0.8% ▼ |
| 5-Year CAGR | +2.3% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.1%). 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 77057
Population: 45,394
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 77057
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
MARK WHITE EL
MEMORIAL DRIVE EL
FROSTWOOD EL
BRIARMEADOW CHARTER
CUNNINGHAM 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 does house hacking look like in Houston, TX?
The a challenging house-hack environment in Houston, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is Houston, TX a good place for real estate investing?
Yes - Houston, TX a 3.0/5 investability score. With $277K home prices against $1,449/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is the tenant base reliable in Houston, TX?
Tenant demand in Houston, TX is solid. The local workforce $1,449/mo rents across most rental classes.
Is TX a landlord-friendly state?
The landlord environment in Houston, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Do landlords face vacancy issues in Houston, TX?
Expect elevated vacancy in Houston, TX. Rents at $1,449/mo are absorbed by the tenant base without meaningful lag.
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