Real Estate Investing in Houston, Texas (77013)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77013 (Houston, 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.
- High vacancy: 16.5% of homes vacant — above national norms.
- Elevated poverty: 24.6% poverty rate — can affect rent collection.
What’s happening in Houston, TX (77013)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77013 Houston
Investors eyeing 77013 need to respect the fundamentals at play. Home values of $194K come alongside slower price movement and elevated management overhead.
For an experienced owner, 77013 can be a a viable market for hunting ground — but the discount at $194K reflects genuine risk that outside investors often underestimate.
Regionally, 77013 sits on the difficult end of the TX spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 77013 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 77013 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77013
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $157,494 | $1,310 | 6.0% | +5.4% | $78,747 |
| 3BR | $187,392 | $1,760 | 6.8% | +4.3% | $62,464 |
| 4BR | $203,260 | $2,200 | 7.8% | +4.0% | $50,815 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77013 Compare?
| Metric | 77013 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $194,177 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 2.0% | 2.6% | N/A | 5.4% |
| Avg Rent | $828 | $1,555 | N/A | - |
| Cap Rate | 3.3% | 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 77013 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77013 (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 | $194,177 |
| Monthly Rent | $828 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | -1.1% ▼ |
| 3-Year CAGR | -2.2% ▼ |
| 5-Year CAGR | +2.0% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | -6.2% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 77013
Population: 17,680
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 77013
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HOLLAND MIDDLE
JACINTO CITY EL
WHITTIER EL
PORT HOUSTON EL
PLEASANTVILLE 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
Investor Insight: With 24,790 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Houston, TX?
Houston, TX home values average about $194K. That price point suits investors targeting rentals with $828/mo in monthly income.
What is the renter demographic in Houston, TX?
The tenant pool in Houston, TX is solid, supported by local employment and population fundamentals. Rents of $828/mo are well-absorbed by the market.
What does house hacking look like in Houston, TX?
Houston, TX offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $828/mo rent level.
How tight is the rental market in Houston, TX?
Houston, TX vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How much is rent in Houston, TX?
The typical rental in Houston, TX commands about $828/mo monthly. That rent profile stable cash flow against the $194K purchase basis.
You know 77013 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77013 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 77013 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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