Real Estate Investing in Troy, Texas

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 5,729 • Bell County

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Should you buy in Troy, TX? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Troy, TX?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $255,917
Avg Monthly Rent $1,809
ZIP Codes 1

Investing in Troy Real Estate

With a sizable population across 1 ZIPs, Troy shows the kind of tepid fundamentals that keep most out-of-state capital on the sidelines.

Troy is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. clearly out-of-state investors should be especially careful with the assumptions they carry in.

Rent trends and price trends in Troy are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Texas.

A an established population with $N/AK household income profile is what makes Troy a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Killeen-Temple, TX

Troy is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$255,917
Avg Monthly Rent
$1,809
1% Rule
✗ Below
Landlord Friendly (TX)

ZIP Codes in Troy, TX

Screen every ZIP in Troy

Filter Troy’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Troy, TX

Where do rents currently stand in Troy, TX?

Investors in Troy, TX typically see rents near $1,809/mo per month against $256K home values - a solid setup for rental cash flow.

What is the typical renter like in Troy, TX?

Troy, TX offers a measured renter base at the $1,809/mo rent level. Tenant turnover is reasonable for well-managed properties.

How much does a house cost in Troy, TX?

In Troy, TX the median home value sits at $256K. Against the broader TX market, that reads as reasonable for most investors.

Does house hacking make sense in Troy, TX?

House hacking in Troy, TX is reasonable to execute. Prices around $256K and rents of $1,809/mo solid owner-occupant economics.

How do landlord-tenant laws work in Troy, TX?

TX law landlord-friendly for landlords, and Troy inherits those rules. Investors should still review local ordinances for rental licensing.

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