Real Estate Investing in Houston, Texas (77035)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77035 (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.
- Elevated vacancy: 10.8% vacancy may signal weakening demand.
What’s happening in Houston, TX (77035)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77035 Houston
This part of Harris County is not an easy win. The 77035 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Stepping back, the numbers look inviting — $261K purchase price, 0.0% nominal cap — the work to hit that pro forma in 77035 is substantial and deserves full respect.
Regionally, 77035 sits on the difficult end of the TX spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 77035 includes headwinds that any investor should price in. Income distribution skews lower than Houston averages, and tenant stability requires active management.
Strategy in 77035 is an operator game, not a passive one. Looking more closely, entry prices of $261K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77035
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $73,765 | $1,140 | 11.1% | +5.6% | $73,765 |
| 2BR | $112,088 | $1,350 | 8.7% | +4.3% | $56,044 |
| 3BR | $290,455 | $1,820 | 4.5% | +3.7% | $96,818 |
| 4BR | $349,472 | $2,260 | 4.7% | +3.6% | $87,368 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77035 Compare?
| Metric | 77035 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $260,876 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 2.5% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,241 | $1,555 | N/A | - |
| Cap Rate | 3.7% | 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 77035 (Houston, TX). Anonymous, moderated, never written by AI.
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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 | $260,876 |
| Monthly Rent | $1,241 |
| Price-to-Rent | 17.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +2.9% ▲ |
🏠 Rent Trends
| 1-Year | +14.9% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +5.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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 77035
Population: 34,849
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 77035
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
FONDREN MIDDLE
HALPIN EARLY CHILDHOOD CTR
HOBBY EL
PETERSEN EL
LAWSON MIDDLE
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
Frequently Asked Questions
How strong are rents in Houston, TX?
Rents in Houston, TX run near $1,241/mo. Compared with median home prices of $261K that produces solid gross yields for typical rentals.
Is it easy to find good tenants in Houston, TX?
Working renters make up the core of the Houston, TX tenant base. The pool is reasonable for investors targeting long-term holds.
What real estate strategy is ideal for Houston, TX?
A careful cash-flow rentals with hands-on management strategy Houston, TX best. The market produces reliable results for that approach at the $261K price point.
What is the investability score for Houston, TX?
Houston, TX rates 3.0/5 for investability. With median values at $261K and rents near $1,241/mo, the market offers reasonable fundamentals for rental investors.
How landlord-friendly is Houston, TX?
Houston, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 77035 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77035 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 77035 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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