Real Estate Investing in Houston, Texas (77016)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77016 (Houston, TX)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 11.7% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (0.7% CAGR).
What’s happening in Houston, TX (77016)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77016 Houston
The 77016 postal area feels like a middle-of-the-road market for Houston. Homes trade near $157K, rents pull $1,709/mo, and volatility is notably absent.
ZIP 77016 is not a chart-topper on any single metric, but the combination of 0.0% yield and 0.0% appreciation is reliable. That predictability is the investment case.
Statewide context places 77016 firmly in the middle ring — neither an appreciation leader nor a yield standout, but consistent across cycles.
Who lives in 77016 has not changed much in five years, and that is precisely why the numbers look the same. Demographic stability feeds market stability.
First-time investors often find 77016 a reasonable starting point. Experienced investors often find it a reasonable anchor for a broader portfolio. a solid fit for on both counts.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77016
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $108,639 | $1,110 | 7.4% | +7.0% | $108,639 |
| 2BR | $123,293 | $1,320 | 7.7% | +4.9% | $61,646 |
| 3BR | $159,832 | $1,780 | 8.0% | +3.4% | $53,277 |
| 4BR | $197,742 | $2,210 | 8.0% | +4.0% | $49,436 |
| 5BR | $214,350 | — | — | +4.4% | $42,870 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77016 Compare?
| Metric | 77016 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $157,488 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 0.7% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,709 | $1,555 | N/A | - |
| Cap Rate | 8.5% | 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 77016 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77016 (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 | $157,488 |
| Monthly Rent | $1,709 |
| Price-to-Rent | 7.7:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.0% |
| Cap Rate | 8.5% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | -2.3% ▼ |
| 3-Year CAGR | -3.3% ▼ |
| 5-Year CAGR | +0.7% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (8.5%) 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 77016
Population: 29,480
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 77016
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HENRY MIDDLE
KASHMERE H S
MCGOWEN EL
RODERICK R PAIGE EL
BERRY 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 16,904 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?
Homes in Houston, TX typically sell near $157K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
Is Houston, TX better for rentals, flips, or BRRRR?
Houston, TX investors pursuing steady buy-and-hold investing. The underlying economics ($157K prices, $1,709/mo rents) make it a reasonable choice.
How strong are rents in Houston, TX?
The typical rental in Houston, TX commands about $1,709/mo monthly. That rent profile stable cash flow against the $157K purchase basis.
Are landlord laws favorable in Houston, TX?
Houston, TX operates under TX law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
Is Houston, TX a good market for FHA house hackers?
Houston, TX offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,709/mo rent level.
You know 77016 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77016 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 77016 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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