Real Estate Investing in Houston, Texas (77012)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77012 (Houston, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.3% of homes vacant — above national norms.
- Declining values: -0.6% 5-year CAGR — values have moved lower.
- Elevated poverty: 20.6% poverty rate — can affect rent collection.
What’s happening in Houston, TX (77012)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77012 Houston
Houston's 77012 ZIP reads as a dependable submarket. Home values of $155K and rents of $1,875/mo have tracked regional norms inside Harris County with little deviation.
For core-plus portfolios, 77012 is the kind of ZIP that fills out the weighted average. substantial on the fundamentals, light on the surprises.
Statewide context places 77012 firmly in the middle ring — neither an appreciation leader nor a yield standout, but consistent across cycles.
The resident base in 77012 has held steady over the past decade. A population of 16,780, a renter share near 62%, and a household-income profile tracking the county median all suggest a a strong candidate for demographic foundation.
Long-term rentals, modest house hacks, and passive investments all fit 77012. The ZIP rewards patience and discipline more than creativity.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77012
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $96,856 | $900 | 6.7% | +0.5% | $96,856 |
| 2BR | $138,937 | $1,070 | 5.5% | +0.9% | $69,468 |
| 3BR | $172,615 | $1,440 | 6.0% | +1.7% | $57,538 |
| 4BR | $198,602 | $1,790 | 6.5% | +2.1% | $49,651 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77012 Compare?
| Metric | 77012 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $155,013 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | N/A | 2.6% | N/A | 5.4% |
| Avg Rent | $1,875 | $1,555 | N/A | - |
| Cap Rate | 9.4% | 4.6% | - | - |
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 77012 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77012 (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 | $155,013 |
| Monthly Rent | $1,875 |
| Price-to-Rent | 6.9:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.5% |
| Cap Rate | 9.4% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | -3.0% ▼ |
| 3-Year CAGR | -4.5% ▼ |
| 5-Year CAGR | -0.6% ▼ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.4%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 77012
Population: 16,780
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 77012
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 16,937 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Houston, TX?
Rental rates in Houston, TX average $1,875/mo. Tenant demand and $155K home values make the yield look reasonable by investor standards.
Is Houston, TX better for rentals, flips, or BRRRR?
Houston, TX investors pursuing steady buy-and-hold investing. The underlying economics ($155K prices, $1,875/mo rents) make it a reasonable choice.
Are eviction rules reasonable in Houston, TX?
For rental operators, Houston, TX rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Houston, TX suited for a house hack?
For house hackers, Houston, TX is an attractive. The $1,875/mo rent on a unit helps defray the mortgage on a $155K property.
What is the median home value in Houston, TX?
Typical homes in Houston, TX go for around $155K. The 5-year CAGR of 0.0% consistent price movement.
You know 77012 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77012 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 77012 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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