Real Estate Investing in Houston, Texas (77070)
Should you buy in 77070 (Houston, TX)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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 (77070)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77070 Houston
The 77070 ZIP covers a section of Houston that demands careful diligence. Prices near $298K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 77070 can be a an appealing option for hunting ground — but the discount at $298K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 77070 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 77070 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
seems to 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 77070
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $203,064 | $1,820 | 6.5% | +6.5% | $101,532 |
| 3BR | $262,071 | $2,450 | 6.7% | +6.0% | $87,357 |
| 4BR | $323,757 | $3,050 | 6.8% | +5.9% | $80,939 |
| 5BR | $399,251 | — | — | +6.2% | $79,850 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77070 Compare?
| Metric | 77070 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $298,482 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 4.6% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,457 | $1,549 | N/A | - |
| Cap Rate | 3.8% | 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 77070 (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 | $298,482 |
| Monthly Rent | $1,457 |
| Price-to-Rent | 17.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | -1.1% ▼ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +3.0% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (3.8%). 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 77070
Population: 57,645
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 77070
Schools in This ZIP Code
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
How much does a house cost in Houston, TX?
Homes in Houston, TX typically sell near $298K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
What kind of tenants rent in Houston, TX?
Tenant quality in Houston, TX ranks as solid. Landlords generally report steady occupancy at market rents of $1,457/mo.
Does Houston, TX favor landlords or tenants?
Rental owners in Houston, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the typical vacancy rate in Houston, TX?
Occupancy in Houston, TX runs stable with elevated vacancy. Well-priced units at $1,457/mo lease on reasonable timelines.
Does house hacking make sense in Houston, TX?
House hacking works a challenging in Houston, TX. Rents of $1,457/mo against $298K acquisition make the strategy solid for owner-occupants.
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