Real Estate Investing in Houston, Texas (77020)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77020 (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.
- Declining values: -0.4% 5-year CAGR — values have moved lower.
- Elevated vacancy: 9.2% vacancy may signal weakening demand.
- Elevated poverty: 23.0% poverty rate — can affect rent collection.
What’s happening in Houston, TX (77020)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77020 Houston
Predictable is the word. ZIP 77020 sits at $162K median values, $1,824/mo rent, and a 0.0% trajectory that has not surprised anyone in a while.
What you underwrite in 77020 is what you tend to get. That is harder to find than most investors admit, and it is why this ZIP earns its place in diversified rental portfolios.
The resilient case for 77020 regionally is its consistency — the ZIP has tracked TX trends without outsized volatility in either direction.
Household composition in 77020 has evolved slowly rather than dramatically, which is exactly what stable markets look like under the hood.
Operators who want a low-touch, long-hold rental inside Houston should take 77020 seriously. Neither the rent nor the price is going to surprise anyone, and that is precisely the point.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77020
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $119,866 | $930 | 5.6% | +4.8% | $119,866 |
| 2BR | $127,170 | $1,110 | 6.3% | +2.2% | $63,585 |
| 3BR | $199,762 | $1,490 | 5.4% | +2.5% | $66,587 |
| 4BR | $186,295 | $1,860 | 7.2% | +2.4% | $46,574 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77020 Compare?
| Metric | 77020 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $161,655 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | N/A | 2.6% | N/A | 5.4% |
| Avg Rent | $1,824 | $1,555 | N/A | - |
| Cap Rate | 8.8% | 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 77020 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77020 (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 | $161,655 |
| Monthly Rent | $1,824 |
| Price-to-Rent | 7.4:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.5% |
| Cap Rate | 8.8% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | -4.3% ▼ |
| 5-Year CAGR | -0.4% ▼ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (8.8%) 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 77020
Population: 25,583
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 77020
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 33,841 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Houston, TX?
The typical rental in Houston, TX commands about $1,824/mo monthly. That rent profile reliable cash flow against the $162K purchase basis.
Are homes affordable in Houston, TX?
Houston, TX home values average about $162K. That price point suits investors targeting rentals with $1,824/mo in monthly income.
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 better for rentals, flips, or BRRRR?
For Houston, TX, steady buy-and-hold investing is the standard investor playbook. The market structure makes it a reasonable default approach.
Is real estate in Houston, TX a good investment right now?
Houston, TX rates 4.0/5 for investability. With median values at $162K and rents near $1,824/mo, the market offers reasonable fundamentals for rental investors.
You know 77020 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77020 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 77020 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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