Real Estate Investing in Houston, Texas (77058)
Should you buy in 77058 (Houston, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
What’s happening in Houston, TX (77058)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77058 Houston
The 77058 ZIP in Houston, TX is a local-operator market. Outside capital chasing a $243K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 77058 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 77058 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 77058 includes headwinds that any investor should price in. Income distribution skews lower than Houston averages, and tenant stability requires active management.
The 77058 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77058
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $88,257 | $1,350 | 11.0% | +2.9% | $88,257 |
| 2BR | $143,491 | $1,610 | 8.1% | +3.3% | $71,745 |
| 3BR | $289,018 | $2,170 | 5.4% | +4.1% | $96,339 |
| 4BR | $370,020 | $2,700 | 5.3% | +3.5% | $92,505 |
| 5BR | $524,040 | — | — | +3.8% | $104,808 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77058 Compare?
| Metric | 77058 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $243,250 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 3.3% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,413 | $1,549 | N/A | - |
| Cap Rate | 4.5% | 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 77058 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77058 (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 | $243,250 |
| Monthly Rent | $1,413 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | -1.2% ▼ |
| 3-Year CAGR | -0.7% ▼ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 Rent Trends
| 1-Year | -3.0% ▼ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +2.0% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.5%). 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 77058
Population: 18,572
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 77058
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CLEAR LAKE CITY EL
FALCON PASS EL
G H WHITCOMB EL
JOHN F WARD EL
CLEAR LAKE INT
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 28,686 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are home prices like in Houston, TX?
The median home value in Houston, TX is roughly $243K. That puts it reasonable relative to the TX statewide average.
What does house hacking look like in Houston, TX?
For house hackers, Houston, TX is a challenging. The $1,413/mo rent on a unit helps defray the mortgage on a $243K property.
How tight is the rental market in Houston, TX?
Vacancy risk in Houston, TX is elevated. That supports consistent cash flow for typical rental holds.
How do landlord-tenant laws work in Houston, TX?
TX ranks as a landlord-friendly state for landlord-tenant law. Houston generally follows the statewide framework, so landlords face reasonable operating rules.
Is Houston in TX worth investing in?
Our data puts Houston, TX at 3.0/5 for investability. Home prices of $243K and rents around $1,413/mo create a solid backdrop for investor activity.
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