Real Estate Investing in Houston, Texas (77036)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77036 (Houston, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 15.2% of homes vacant — above national norms.
- Elevated poverty: 26.0% poverty rate — can affect rent collection.
What’s happening in Houston, TX (77036)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77036 Houston
The 77036 ZIP in Houston, TX is a local-operator market. Outside capital chasing a $163K entry has to pair deep knowledge with the discount.
Looking more closely, the numbers look inviting — $163K purchase price, 0.0% nominal cap — the work to hit that pro forma in 77036 is substantial and deserves full respect.
Statewide comparisons place 77036 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 77036 includes headwinds that any investor should price in. Income distribution skews lower than Houston averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 77036 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77036
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $62,687 | $1,160 | 13.3% | +1.3% | $62,687 |
| 2BR | $88,865 | $1,380 | 11.2% | +1.3% | $44,433 |
| 3BR | $264,980 | $1,860 | 5.1% | +5.7% | $88,327 |
| 4BR | $298,728 | $2,320 | 5.6% | +5.1% | $74,682 |
| 5BR | $334,807 | — | — | +4.6% | $66,961 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77036 Compare?
| Metric | 77036 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $162,622 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 2.0% | 2.6% | N/A | 5.4% |
| Avg Rent | $966 | $1,555 | N/A | - |
| Cap Rate | 4.6% | 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 77036 (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 | $162,622 |
| Monthly Rent | $966 |
| Price-to-Rent | 14.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | -1.3% ▼ |
| 3-Year CAGR | -2.7% ▼ |
| 5-Year CAGR | +2.0% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 Rent Trends
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +3.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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 77036
Population: 71,036
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 77036
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CHAMBERS EL
CHANCELLOR EL
LANDIS EL
MARTIN EL
SUGAR GROVE ACADEMY
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
What real estate strategy is ideal for Houston, TX?
Most investors in Houston, TX run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the average monthly rent in Houston, TX?
Houston, TX rentals go for roughly $966/mo a month. That puts gross yield in solid territory relative to $163K acquisition costs.
Do landlords face vacancy issues in Houston, TX?
Houston, TX carries elevated vacancy risk. Expect steady absorption at market rents of $966/mo.
What does house hacking look like in Houston, TX?
The house hack math a challenging in Houston, TX. Owner-occupant buyers benefit from the $966/mo rents and $163K home values.
Is Houston, TX landlord-friendly?
Houston, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 77036 now. You don’t know where it ranks.
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How 77036 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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