Real Estate Investing in Houston, Texas (77092)
Should you buy in 77092 (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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.2% vacancy may signal weakening demand.
What’s happening in Houston, TX (77092)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77092 Houston
The 77092 ZIP covers a section of Houston that demands careful diligence. Prices near $281K look accessible, but the work to make a deal cash flow is real.
Looking more closely, the numbers look inviting — $281K purchase price, 0.0% nominal cap — the work to hit that pro forma in 77092 is substantial and deserves full respect.
In the broader TX picture, 77092 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 77092 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
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 77092
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $132,879 | $1,380 | 7.5% | +5.0% | $66,439 |
| 3BR | $292,255 | $1,860 | 4.6% | +4.4% | $97,418 |
| 4BR | $344,375 | $2,320 | 4.9% | +4.2% | $86,094 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77092 Compare?
| Metric | 77092 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $280,986 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 3.8% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,562 | $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 77092 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77092 (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 | $280,986 |
| Monthly Rent | $1,562 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | -5.3% ▼ |
| 3-Year CAGR | -2.3% ▼ |
| 5-Year CAGR | +0.9% ▲ |
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 77092
Population: 36,185
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 77092
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HOUSMAN EL
WOODVIEW EL
HIGHLAND HTS EL
WILLIAMS MIDDLE
CORNERSTONE ACADEMY
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 best play in Houston, TX?
A careful cash-flow rentals with hands-on management strategy Houston, TX best. The market produces even-keeled results for that approach at the $281K price point.
Is Houston, TX good for house hacking?
House hacking in Houston, TX is reasonable to execute. Prices around $281K and rents of $1,562/mo solid owner-occupant economics.
How much should I expect to pay for a home in Houston, TX?
The median home value in Houston, TX is roughly $281K. That puts it reasonable relative to the TX statewide average.
Is rental property easy to operate in Houston, TX?
For rental operators, Houston, TX rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What kind of tenants rent in Houston, TX?
Expect a solid tenant pool in Houston, TX. The rental market absorbs $1,562/mo rents without meaningful friction.
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