Real Estate Investing in Houston, Texas (77039)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77039 (Houston, TX)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated poverty: 24.5% poverty rate — can affect rent collection.
What’s happening in Houston, TX (77039)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77039 Houston
ZIP 77039 inside Harris County looks affordable on the surface — median value of $188K — but the discount exists for reasons that a careful buyer should understand before committing.
The 77039 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 77039 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 77039 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 77039 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77039
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $113,545 | $1,350 | 8.6% | +4.5% | $56,773 |
| 3BR | $182,391 | $1,820 | 7.2% | +5.7% | $60,797 |
| 4BR | $210,536 | $2,260 | 7.7% | +5.6% | $52,634 |
| 5BR | $257,201 | — | — | +6.4% | $51,440 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77039 Compare?
| Metric | 77039 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $188,218 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 3.7% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,320 | $1,555 | N/A | - |
| Cap Rate | 5.5% | 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 77039 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77039 (Houston, TX)?
~25 seconds · no account needed · your report is anonymous
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 | $188,218 |
| Monthly Rent | $1,320 |
| Price-to-Rent | 11.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.5% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | -0.4% ▼ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). 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 77039
Population: 28,335
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 77039
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
Frequently Asked Questions
How strong are rents in Houston, TX?
The typical rental in Houston, TX commands about $1,320/mo monthly. That rent profile measured cash flow against the $188K purchase basis.
How do landlord-tenant laws work in Houston, TX?
TX law landlord-friendly for landlords, and Houston inherits those rules. Investors should still review local ordinances for rental licensing.
Is Houston, TX a good market for buy-and-hold investors?
Our data puts Houston, TX at 3.0/5 for investability. Home prices of $188K and rents around $1,320/mo create a solid backdrop for investor activity.
What is the rental occupancy rate in Houston, TX?
Houston, TX vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What kind of tenants rent in Houston, TX?
Tenant quality in Houston, TX ranks as solid. Landlords generally report consistent occupancy at market rents of $1,320/mo.
You know 77039 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77039 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 77039 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 77039 (Houston)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 77039 (Houston, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.