Real Estate Investing in Houston, Texas (77093)
Should you buy in 77093 (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.
- Elevated poverty: 31.7% poverty rate — can affect rent collection.
- Lower household income: $37,583 median — tenant affordability is tighter.
What’s happening in Houston, TX (77093)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77093 Houston
ZIP 77093 in Houston, TX carries a impressive set of headwinds. Home values near $168K and rents of $1,215/mo sit inside a market where underwriting has to be tight.
The investment case in 77093 is notable only for operators who understand what they are buying. A $168K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
On the rental side, 77093 offers a low basis, the region around Houston has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 77093 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 77093 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 77093
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $119,779 | $1,060 | 6.4% | +3.9% | $119,779 |
| 2BR | $132,970 | $1,260 | 6.8% | +3.1% | $66,485 |
| 3BR | $168,028 | $1,700 | 7.3% | +3.5% | $56,009 |
| 4BR | $197,485 | $2,110 | 7.7% | +3.6% | $49,371 |
| 5BR | $222,748 | — | — | +4.1% | $44,550 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77093 Compare?
| Metric | 77093 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $167,803 | $319,536 | N/A | $297,000 |
| 5-Year CAGR | 2.5% | 3.5% | N/A | 5.4% |
| Avg Rent | $1,215 | $1,549 | N/A | - |
| Cap Rate | 5.7% | 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 77093 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77093 (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 | $167,803 |
| Monthly Rent | $1,215 |
| Price-to-Rent | 11.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.7% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | -2.2% ▼ |
| 3-Year CAGR | -1.8% ▼ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (5.7%). 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 77093
Population: 46,091
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 77093
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
Investor Insight: With 8,547 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Houston, TX?
Median home price in Houston, TX is near $168K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Is Houston, TX a friendly market for rental owners?
For rental operators, Houston, TX rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Houston in TX worth investing in?
Our data puts Houston, TX at 3.0/5 for investability. Home prices of $168K and rents around $1,215/mo create a solid backdrop for investor activity.
Is Houston, TX suited for a house hack?
The a challenging house-hack environment in Houston, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Which real estate strategy fits Houston, TX?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Houston, TX. The numbers - $168K homes against $1,215/mo rents - support that play.
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