Real Estate Investing in Houston, Texas (77077)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77077 (Houston, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.3% vacancy may signal weakening demand.
What’s happening in Houston, TX (77077)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77077 Houston
Looking more closely, ZIP 77077 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $391K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $391K asset, 77077 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader TX picture, 77077 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 77077 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 77077 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 77077
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $108,185 | $1,610 | 10.7% | +4.5% | $108,185 |
| 2BR | $160,897 | $1,920 | 8.6% | +3.9% | $80,449 |
| 3BR | $356,517 | $2,580 | 5.2% | +4.1% | $118,839 |
| 4BR | $450,267 | $3,220 | 5.1% | +4.4% | $112,567 |
| 5BR | $911,850 | — | — | +5.7% | $182,370 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77077 Compare?
| Metric | 77077 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $391,162 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 2.8% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,356 | $1,555 | N/A | - |
| Cap Rate | 2.7% | 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 77077 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77077 (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 | $391,162 |
| Monthly Rent | $1,356 |
| Price-to-Rent | 24.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +2.4% ▲ |
🏠 Rent Trends
| 1-Year | -4.6% ▼ |
| 3-Year CAGR | -2.2% ▼ |
| 5-Year CAGR | +0.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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 77077
Population: 63,421
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 77077
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
THORNWOOD EL
HEFLIN EL
REES EL
SPRING BRANCH ACADEMIC INSTITUTE
HOLMQUIST EL
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🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much do tenants pay in Houston, TX?
Rental rates in Houston, TX average $1,356/mo. Tenant demand and $391K home values make the yield look reasonable by investor standards.
How strong is the working-renter base in Houston, TX?
Working renters make up the core of the Houston, TX tenant base. The pool is reasonable for investors targeting long-term holds.
What is the best play in Houston, TX?
Investors usually favor careful cash-flow rentals with hands-on management in Houston, TX. With home values at $391K and rents near $1,356/mo, other strategies can work but produce predictable rather than outsized returns.
Is Houston, TX a good market for buy-and-hold investors?
The 3.0/5 investability rating in Houston, TX reflects its $391K prices and $1,356/mo rents. Investors generally consider it a solid option within TX.
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.
You know 77077 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77077 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 77077 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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