Real Estate Investing in Bellaire, Texas (77401)
Should you buy in 77401 (Bellaire, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.3% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 44.3 — hard to cash-flow at these prices.
What’s happening in Bellaire, TX (77401)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77401 Bellaire
ZIP 77401 in Bellaire, TX carries a durable set of headwinds. Home values near $1.2M and rents of $2,225/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 77401 can be a an appealing option for hunting ground — but the discount at $1.2M reflects genuine risk that outside investors often underestimate.
Regionally, 77401 sits on the difficult end of the TX spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 77401 ZIP's population of 17,125 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
The right play in 77401 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Bellaire:
Property Strategy for 77401
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $449,577 | $2,360 | 3.8% | +3.6% | $224,789 |
| 3BR | $631,941 | $3,170 | 3.6% | +4.5% | $210,647 |
| 4BR | $1,193,327 | $3,960 | 2.4% | +6.2% | $298,332 |
| 5BR | $1,571,796 | — | — | +5.6% | $314,359 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77401 Compare?
| Metric | 77401 | Bellaire | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $1,181,660 | $1,181,660 | N/A | $297,000 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 5.4% |
| Avg Rent | $2,225 | $2,225 | N/A | - |
| Cap Rate | 1.5% | 1.5% | - | - |
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 77401 (Bellaire, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77401 (Bellaire, 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 | $1,181,660 |
| Monthly Rent | $2,225 |
| Price-to-Rent | 44.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +2.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (1.5%). 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 77401
Population: 17,125
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 77401
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
FONDREN MIDDLE
HALPIN EARLY CHILDHOOD CTR
CUNNINGHAM EL
ELROD EL
HEROD EL
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
Where do home prices stand in Bellaire, TX?
The median home value in Bellaire, TX is roughly $1.2M. That puts it reasonable relative to the TX statewide average.
Are there empty rentals in Bellaire, TX?
Occupancy in Bellaire, TX runs predictable with elevated vacancy. Well-priced units at $2,225/mo lease on reasonable timelines.
What kind of tenants rent in Bellaire, TX?
Working renters make up the core of the Bellaire, TX tenant base. The pool is reasonable for investors targeting long-term holds.
Is Bellaire, TX a friendly market for rental owners?
TX ranks as a landlord-friendly state for landlord-tenant law. Bellaire generally follows the statewide framework, so landlords face reasonable operating rules.
How much is rent in Bellaire, TX?
Rent in Bellaire, TX is around $2,225/mo. The resulting rent-to-value relationship with $1.2M pricing is reasonable for most investor models.
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