Real Estate Investing in Houston, Texas (77027)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77027 (Houston, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 15.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 38.8 — hard to cash-flow at these prices.
What’s happening in Houston, TX (77027)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77027 Houston
ZIP 77027 in Houston, TX carries a solid set of headwinds. Home values near $828K and rents of $1,780/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 77027 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 77027 sits on the difficult end of the TX spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 77027 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Houston's stable or hybrid ZIPs before stepping into 77027. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77027
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $120,406 | $1,980 | 11.8% | +2.4% | $120,406 |
| 2BR | $395,536 | $2,350 | 4.3% | +2.1% | $197,768 |
| 3BR | $964,380 | $3,160 | 2.4% | +4.3% | $321,460 |
| 4BR | $1,929,419 | $3,940 | 1.5% | +5.4% | $482,355 |
| 5BR | $2,641,381 | — | — | +4.4% | $528,276 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77027 Compare?
| Metric | 77027 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $827,914 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 3.3% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,780 | $1,555 | N/A | - |
| Cap Rate | 1.7% | 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 77027 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77027 (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 | $827,914 |
| Monthly Rent | $1,780 |
| Price-to-Rent | 38.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 5.0% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +3.0% ▲ |
🏠 Rent Trends
| 1-Year | -5.6% ▼ |
| 3-Year CAGR | -1.8% ▼ |
| 5-Year CAGR | -0.1% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). 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 77027
Population: 19,269
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 77027
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
GREGORY-LINCOLN ED CTR
CONDIT EL
CUNNINGHAM EL
MANDARIN IMMERSION MAGNET SCHOOL
POE 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 8,357 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Houston, TX a good place for real estate investing?
Our data puts Houston, TX at 2.0/5 for investability. Home prices of $828K and rents around $1,780/mo create a solid backdrop for investor activity.
Where do rents currently stand in Houston, TX?
Rental rates in Houston, TX average $1,780/mo. Tenant demand and $828K home values make the yield look reasonable by investor standards.
How landlord-friendly is Houston, TX?
Houston, TX operates under TX law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
Is house hacking profitable in Houston, TX?
Houston, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $828K price point reasonable to enter.
What is the rental occupancy rate in Houston, TX?
Houston, TX sees elevated vacancy, which is reasonable relative to the broader TX rental market.
You know 77027 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77027 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 77027 ranks in Houston-The Woodlands-Sugar Land, TX
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