Real Estate Investing in Houston, Texas (77083)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77083 (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 (77083)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77083 Houston
Investors eyeing 77083 need to respect the fundamentals at play. Home values of $260K come alongside slower price movement and elevated management overhead.
On the rental side, the numbers look inviting — $260K purchase price, 0.0% nominal cap — the work to hit that pro forma in 77083 is substantial and deserves full respect.
Nearby ZIPs in Houston have seen price recovery that 77083 has not matched. Harris County data supports the view that the spread is structural rather than temporary.
Resident income in 77083 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 77083 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77083
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $186,976 | $1,600 | 6.2% | +6.3% | $93,488 |
| 3BR | $241,990 | $2,150 | 6.4% | +6.1% | $80,663 |
| 4BR | $296,646 | $2,680 | 6.5% | +6.8% | $74,162 |
| 5BR | $350,404 | — | — | +7.2% | $70,081 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77083 Compare?
| Metric | 77083 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $260,169 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 3.5% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,900 | $1,555 | N/A | - |
| Cap Rate | 5.7% | 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 77083 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77083 (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 | $260,169 |
| Monthly Rent | $1,900 |
| Price-to-Rent | 11.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | -0.8% ▼ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +5.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). 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 77083
Population: 74,843
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 77083
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
Can owner-occupants cash flow in Houston, TX?
Houston, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $260K price point reasonable to enter.
What type of investing works in Houston, TX?
Investors usually favor careful cash-flow rentals with hands-on management in Houston, TX. With home values at $260K and rents near $1,900/mo, other strategies can work but produce even-keeled rather than outsized returns.
How much should I expect to pay for a home in Houston, TX?
Expect median prices around $260K in Houston, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
How does Houston, TX stack up for property investment?
Houston, TX clocks in at an investability rating of 3.0/5, with median home values near $260K and average rents around $1,900/mo. That combination puts it in the impressive tier for investor interest.
Is Houston, TX a friendly market for rental owners?
Houston, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 77083 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77083 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 77083 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 77083 (Houston)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 77083 (Houston, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.