Real Estate Investing in Houston, Texas (77084)
Should you buy in 77084 (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 (77084)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77084 Houston
Investors eyeing 77084 need to respect the fundamentals at play. Home values of $268K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 77084 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Houston have seen price recovery that 77084 has not matched. Harris County data supports the view that the spread is structural rather than temporary.
Employment concentration in 77084 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 77084 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 77084
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $104,428 | $1,520 | 10.5% | — | $104,428 |
| 2BR | $175,862 | $1,810 | 7.4% | +5.5% | $87,931 |
| 3BR | $245,409 | $2,430 | 7.1% | +6.0% | $81,803 |
| 4BR | $305,000 | $3,040 | 7.2% | +6.3% | $76,250 |
| 5BR | $362,119 | — | — | +6.6% | $72,424 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77084 Compare?
| Metric | 77084 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $267,577 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 4.4% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,579 | $1,549 | N/A | - |
| Cap Rate | 4.6% | 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 77084 (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 | $267,577 |
| Monthly Rent | $1,579 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | -1.7% ▼ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | 0.0% ▼ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +3.3% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.6%). 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 77084
Population: 109,115
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 77084
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
Does Houston, TX make sense for an investment property?
The 3.0/5 investability rating in Houston, TX reflects its $268K prices and $1,579/mo rents. Investors generally consider it a solid option within TX.
How quickly do rentals get leased in Houston, TX?
Houston, TX carries elevated vacancy risk. Expect measured absorption at market rents of $1,579/mo.
What price range are homes in Houston, TX?
Median home price in Houston, TX is near $268K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
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.
Where do rents currently stand in Houston, TX?
Investors in Houston, TX typically see rents near $1,579/mo per month against $268K home values - a solid setup for rental cash flow.
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