Real Estate Investing in Houston, Texas (77073)
Should you buy in 77073 (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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Houston, TX (77073)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77073 Houston
ZIP 77073 inside Harris County looks affordable on the surface — median value of $232K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 77073 is solid only for operators who understand what they are buying. A $232K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Houston have seen price recovery that 77073 has not matched. Harris County data supports the view that the spread is structural rather than temporary.
The demographic picture in 77073 includes headwinds that any investor should price in. Income distribution skews lower than Houston averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 77073 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77073
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $219,539 | $2,020 | 6.6% | +5.4% | $73,180 |
| 4BR | $246,975 | $2,520 | 7.3% | +5.6% | $61,744 |
| 5BR | $277,504 | — | — | +5.7% | $55,501 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77073 Compare?
| Metric | 77073 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $231,717 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 3.6% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,870 | $1,549 | N/A | - |
| Cap Rate | 6.3% | 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 77073 (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 | $231,717 |
| Monthly Rent | $1,870 |
| Price-to-Rent | 10.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.7% |
| Cap Rate | 6.3% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | -1.5% ▼ |
| 3-Year CAGR | -1.6% ▼ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.1% ▲ |
The current 30-yr mortgage rate (6.5%) is close to the estimated cap rate (6.3%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 77073
Population: 43,684
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 77073
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
What is the average home sale price in Houston, TX?
Houston, TX median home values land near $232K. That is reasonable territory for investors looking at $1,870/mo-per-month rentals.
Is Houston, TX landlord-friendly?
Landlord-friendliness in Houston, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Houston in TX worth investing in?
Houston, TX scores 3.0/5 for investability. Home values sit at $232K and rents near $1,870/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What do rentals go for in Houston, TX?
Houston, TX rentals go for roughly $1,870/mo a month. That puts gross yield in solid territory relative to $232K acquisition costs.
Is Houston, TX suited for a house hack?
House hacking in Houston, TX is reasonable to execute. Prices around $232K and rents of $1,870/mo solid owner-occupant economics.
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