Real Estate Investing in Houston, Texas (77066)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77066 (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.
No major risk flags on the data we track.
What’s happening in Houston, TX (77066)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77066 Houston
The 77066 ZIP covers a section of Houston that demands careful diligence. Prices near $245K look accessible, but the work to make a deal cash flow is real.
Looking more closely, the numbers look inviting — $245K purchase price, 0.0% nominal cap — the work to hit that pro forma in 77066 is substantial and deserves full respect.
Statewide comparisons place 77066 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
On balance, 38,315 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 77066 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 77066
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $154,588 | $1,710 | 8.0% | +5.8% | $77,294 |
| 3BR | $215,429 | $2,300 | 7.7% | +5.7% | $71,810 |
| 4BR | $276,865 | $2,870 | 7.5% | +5.9% | $69,216 |
| 5BR | $312,558 | — | — | +6.0% | $62,512 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77066 Compare?
| Metric | 77066 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $245,033 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 3.6% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,476 | $1,555 | N/A | - |
| Cap Rate | 4.7% | 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 77066 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77066 (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 | $245,033 |
| Monthly Rent | $1,476 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | -3.0% ▼ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +2.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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 77066
Population: 38,315
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 77066
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
YEAGER EL
EPPS ISLAND EL
SPRING LEADERSHIP ACADEMY
BENEKE EL
CARMICHAEL EL
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 much does a house cost in Houston, TX?
Houston, TX home values average about $245K. That price point suits investors targeting rentals with $1,476/mo in monthly income.
Can owner-occupants cash flow in Houston, TX?
The a challenging house-hack environment in Houston, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is Houston, TX a smart market for rental property?
Our data puts Houston, TX at 3.0/5 for investability. Home prices of $245K and rents around $1,476/mo create a solid backdrop for investor activity.
Are landlord laws favorable in Houston, TX?
TX ranks as a landlord-friendly state for landlord-tenant law. Houston generally follows the statewide framework, so landlords face reasonable operating rules.
Are renters plentiful in Houston, TX?
The renter base in Houston, TX is reasonable for the $1,476/mo price point. Screening well and pricing to market typically yields stable tenants.
You know 77066 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77066 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 77066 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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