Real Estate Investing in Houston, Texas (77094)

Harris County • Population: 10,718 • Data updated: June 2026

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Should you buy in 77094 (Houston, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (67/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 29.3 — hard to cash-flow at these prices.

What’s happening in Houston, TX (77094)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $570,172
Avg Monthly Rent $1,620
1% Rule ✗ Does Not Meet
Median Income $179,387
% Renters 17.4%

Market Analysis: 77094 Houston

The 77094 ZIP covers a section of Houston that demands careful diligence. Prices near $570K look accessible, but the work to make a deal cash flow is real.

From an investor standpoint, the numbers look inviting — $570K purchase price, 0.0% nominal cap — the work to hit that pro forma in 77094 is substantial and deserves full respect.

Regionally, 77094 sits on the difficult end of the TX spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.

Employment concentration in 77094 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategically, 77094 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.49% as of Jun 25 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Houston:

B+ Great
Buy Confidence Score: 78/100
Affordability
20/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Stable (+1.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,620/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This area shows favorable conditions for homebuyers. Solid fundamentals with reasonable affordability.
❄️
COOL MARKET
Houston-The Woodlands-Sugar Land, TX Metro Area
More inventory, negotiating room for buyers
71 days
Average time to sell
Slow
9.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of June 20, 2026 — updated weekly from Houston-The Woodlands-Sugar Land, TX metro data
🏠

Property Strategy for 77094

Which property type performs best in this market?

Best for Cash Flow
3BR
4.6% cap rate
Best for Appreciation
5BR
+7.5% 5yr CAGR
Best Overall Value
3BR
$138,405/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $415,216 $2,650 4.6% +5.9% $138,405
4BR $567,040 $3,300 4.2% +6.4% $141,760
5BR $794,328 +7.5% $158,866

Market Trends

Home Value History (with trend line)

$596K$525K$454K$383K$312K$241KMay 2006May 2016May 2026

Rent History (with trend line)

$2,010$1,921$1,832$1,744$1,655$1,566Mar 2022Apr 2024May 2026

📊 How Does 77094 Compare?

Metric 77094 Houston Houston-The Woodlands-Sugar Land, TX Texas
Home Value $570,172 $319,536 N/A $297,000
5-Year CAGR 5.5% 3.5% N/A 5.4%
Avg Rent $1,620 $1,549 N/A -
Cap Rate 2.2% 4.5% - -
💡 Why Invest in 77094? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 77094 (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

HOACommercial
Unclaimed — is this your business? Claim it free

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

Small multifamily
Unclaimed — is this your business? Claim it free

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

HOACommercial
Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.2%
Low
5yr Growth
+5.5%
Moderate

📊 Market Snapshot

Home Value $570,172
Monthly Rent $1,620
Price-to-Rent 29.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.4%
Cap Rate 2.2%
5-Year IRR 7.7%

📈 Home Appreciation

1-Year +1.5% ▲
3-Year CAGR +3.0% ▲
5-Year CAGR +5.5% ▲
10-Year CAGR +3.6% ▲

🏠 Rent Trends

1-Year -15.5% ▼
3-Year CAGR -5.3% ▼
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.2%  |  30yr Rate: 6.5%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.2%). 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.

Vacancy
6.4%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.5%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 77094

Population: 10,718

💰 Median Household Income
$179,387
This area
$179,387
State
$70,593
USA
$74,580
🏠 Renter Occupied
17.4%
This area
17.4%
State
29.5%
USA
34.0%
💼 Unemployment Rate
3.3%
This area
3.3%
State
-25.4%
USA
3.7%
🎓 College Educated
69.0%
This area
69.0%
State
-5.8%
USA
33.7%
👤 Median Age
45.6 years
This area
45.6 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
6.4%
This area
6.4%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 55.4%
Asian 22.0%
Other/Mixed 16.8%
Hispanic/Latino 13.9%
Black/African American 5.8%
👶 Under 18
23.1%
This area
23.1%
USA
22.0%
👴 65 and Over
14.9%
This area
14.9%
USA
17.3%
📊 Poverty Rate
4.4%
This area
4.4%
USA
11.5%

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 77094

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

WEST MEMORIAL J H

📚 06 – 08 Middle
📍 22311 PROVINCIAL BLVD, KATY
👥
911 Students
👨‍🏫
12.0:1 Class Size
💰
$14,435 Per Student
A Very Good

JEANETTE HAYES EL

📚 Pre-K – 05 Elementary
📍 21203 PARK TIMBERS, KATY
👥
602 Students
👨‍🏫
12.4:1 Class Size
💰
$14,435 Per Student
A Very Good

MEMORIAL PARKWAY J H

📚 06 – 08 Middle
📍 21203 HIGHLAND KNOLLS, KATY
👥
771 Students
👨‍🏫
12.1:1 Class Size
💰
$14,435 Per Student
B+ Above Average

JAMES E WILLIAMS EL

📚 Pre-K – 05 Elementary
📍 3900 S PEEK RD, KATY
👥
911 Students
👨‍🏫
12.7:1 Class Size
💰
$14,435 Per Student
B+ Above Average

MEMORIAL PARKWAY EL

📚 Pre-K – 05 Elementary
📍 21603 PARK TREE LN, KATY
👥
940 Students
👨‍🏫
12.3:1 Class Size
💰
$14,435 Per Student
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

8 Nearby
D
Fortis College
357 students · 4.2 mi
C+
Vogue International Academy
9 students · 4.6 mi
D
Denver College of Nursing-Houston
70 students · 5.6 mi
C
Texas Health School
186 students · 6.8 mi
C
Paul Mitchell the School-Houston
314 students · 8.4 mi
D
Center for Advanced Legal Studies
243 students · 8.6 mi
C
MediaTech Institute-Houston
96 students · 8.6 mi
B
Houston International College Cardiotech Ultrasound School
41 students · 9.3 mi

Frequently Asked Questions

How tight is the rental market in Houston, TX?

Occupancy in Houston, TX runs consistent with elevated vacancy. Well-priced units at $1,620/mo lease on reasonable timelines.

How deep is the rental pool in Houston, TX?

Houston, TX offers a stable renter base at the $1,620/mo rent level. Tenant turnover is reasonable for well-managed properties.

How strong is Houston, TX for real estate investors?

Houston, TX reflects an investability rating of 3.0/5, with median home values near $570K and average rents around $1,620/mo. That combination puts it in the significant tier for investor interest.

Which investment style suits Houston, TX?

Houston, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($570K prices, $1,620/mo rents) make it a reasonable choice.

What are rental rates like in Houston, TX?

Rent in Houston, TX is around $1,620/mo. The resulting rent-to-value relationship with $570K pricing is reasonable for most investor models.

See what 77094 really looks like for investors

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