Real Estate Investing in Houston, Texas (77044)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77044 (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.
No major risk flags on the data we track.
What’s happening in Houston, TX (77044)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77044 Houston
Investors eyeing 77044 need to respect the fundamentals at play. Home values of $288K come alongside slower price movement and elevated management overhead.
Rent of $1,855/mo on a $288K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 77044 sits below the stated 0.0% once reality is priced in.
In the broader TX picture, 77044 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 77044 includes headwinds that any investor should price in. Income distribution skews lower than Houston averages, and tenant stability requires active management.
Distressed ZIPs reward experience. durable returns are possible in 77044, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77044
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $170,133 | $2,010 | 8.5% | +6.0% | $85,067 |
| 3BR | $235,943 | $2,700 | 8.2% | +5.3% | $78,648 |
| 4BR | $342,125 | $3,370 | 7.1% | +5.3% | $85,531 |
| 5BR | $498,634 | — | — | +6.6% | $99,727 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77044 Compare?
| Metric | 77044 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $288,170 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 3.0% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,855 | $1,555 | N/A | - |
| Cap Rate | 5.0% | 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 77044 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77044 (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 | $288,170 |
| Monthly Rent | $1,855 |
| Price-to-Rent | 12.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.7% |
| Cap Rate | 5.0% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | 0.0% ▼ |
| 3-Year CAGR | -0.7% ▼ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 Rent Trends
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +2.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.0%). 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 77044
Population: 55,746
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 77044
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 8,547 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Houston, TX rate as a rental market?
With a 3.0/5 investability score, Houston, TX ranks as a solid market for rental property investors. Median prices of $288K and rents of $1,855/mo drive the underlying numbers.
What is the tenant pool like in Houston, TX?
The renter base in Houston, TX is reasonable for the $1,855/mo price point. Screening well and pricing to market typically yields stable tenants.
What monthly rent should investors expect in Houston, TX?
Investors in Houston, TX typically see rents near $1,855/mo per month against $288K home values - a solid setup for rental cash flow.
What is the smart move for investors in Houston, TX?
For Houston, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Can I live-in-and-rent in Houston, TX?
For house hackers, Houston, TX is a challenging. The $1,855/mo rent on a unit helps defray the mortgage on a $288K property.
You know 77044 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77044 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 77044 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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