Real Estate Investing in Houston, Texas (77060)
Should you buy in 77060 (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.
- Elevated vacancy: 10.8% vacancy may signal weakening demand.
- Elevated poverty: 34.3% poverty rate — can affect rent collection.
- Lower household income: $37,041 median — tenant affordability is tighter.
What’s happening in Houston, TX (77060)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77060 Houston
The 77060 ZIP in Houston, TX is a local-operator market. Outside capital chasing a $195K entry has to pair deep knowledge with the discount.
Stepping back, the numbers look inviting — $195K purchase price, 0.0% nominal cap — the work to hit that pro forma in 77060 is substantial and deserves full respect.
Regionally, 77060 sits on the difficult end of the TX spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 77060 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 77060 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 77060
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $82,090 | $1,120 | 9.8% | +1.8% | $82,090 |
| 2BR | $107,910 | $1,330 | 8.9% | +0.1% | $53,955 |
| 3BR | $191,828 | $1,790 | 6.7% | +6.0% | $63,943 |
| 4BR | $215,828 | $2,230 | 7.4% | +5.7% | $53,957 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77060 Compare?
| Metric | 77060 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $195,237 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 5.1% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,072 | $1,549 | N/A | - |
| Cap Rate | 4.3% | 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 77060 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77060 (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 | $195,237 |
| Monthly Rent | $1,072 |
| Price-to-Rent | 15.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +0.0% ▲ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | -2.3% ▼ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.3%). 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 77060
Population: 44,920
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 77060
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
GRAY EL
HILL EL
SAMMONS EL
STEHLIK EL
GARCIA MIDDLE
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
Where do home prices stand in Houston, TX?
Homes in Houston, TX typically sell near $195K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
What is the tenant pool like in Houston, TX?
Houston, TX offers a steady renter base at the $1,072/mo rent level. Tenant turnover is reasonable for well-managed properties.
How much is rent in Houston, TX?
The typical rental in Houston, TX commands about $1,072/mo monthly. That rent profile predictable cash flow against the $195K purchase basis.
Are eviction rules reasonable in Houston, TX?
Landlord-friendliness in Houston, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Houston, TX a good market for FHA house hackers?
The a challenging house-hack environment in Houston, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
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