Real Estate Investing in Houston, Texas (77048)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77048 (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.
- Elevated poverty: 25.5% poverty rate — can affect rent collection.
- Higher unemployment: 8.6% unemployment — tenant risk signal.
What’s happening in Houston, TX (77048)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77048 Houston
ZIP 77048 in Houston, TX carries a solid set of headwinds. Home values near $220K and rents of $1,874/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $220K asset, 77048 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 77048 and stronger Houston ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 77048 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 77048 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 77048
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $208,358 | $1,980 | 6.8% | +5.6% | $69,453 |
| 4BR | $249,396 | $2,470 | 7.1% | +5.7% | $62,349 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77048 Compare?
| Metric | 77048 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $220,343 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 3.2% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,874 | $1,555 | N/A | - |
| Cap Rate | 6.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 77048 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77048 (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 | $220,343 |
| Monthly Rent | $1,874 |
| Price-to-Rent | 9.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.2% |
| Cap Rate | 6.6% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | +0.2% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 77048
Population: 20,430
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 77048
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 16,937 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Houston, TX a smart market for rental property?
The 3.0/5 investability rating in Houston, TX reflects its $220K prices and $1,874/mo rents. Investors generally consider it a solid option within TX.
What are rental rates like in Houston, TX?
Average rent in Houston, TX is approximately $1,874/mo per month. Against $220K home values that yields a reasonable rent-to-price ratio.
What is the typical renter like in Houston, TX?
Tenant quality in Houston, TX ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,874/mo.
Are there empty rentals in Houston, TX?
Houston, TX sees elevated vacancy, which is reasonable relative to the broader TX rental market.
What is the average home sale price in Houston, TX?
Expect median prices around $220K in Houston, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
You know 77048 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77048 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 77048 ranks in Houston-The Woodlands-Sugar Land, TX
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