Real Estate Investing in Houston, Texas (77087)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77087 (Houston, TX)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.9% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).
- Elevated poverty: 21.0% poverty rate — can affect rent collection.
What’s happening in Houston, TX (77087)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77087 Houston
In practical terms, ZIP 77087 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $183K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 77087 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Turning to rents, 77087 offers a low basis, the region around Houston has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 77087 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. robust returns are possible in 77087, 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 77087
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $155,992 | $1,170 | 5.4% | +2.5% | $77,996 |
| 3BR | $179,137 | $1,570 | 6.3% | +3.4% | $59,712 |
| 4BR | $214,139 | $1,960 | 6.6% | +4.3% | $53,535 |
| 5BR | $244,693 | — | — | +3.7% | $48,939 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77087 Compare?
| Metric | 77087 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $182,570 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 1.4% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,472 | $1,555 | N/A | - |
| Cap Rate | 6.3% | 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 77087 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77087 (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 | $182,570 |
| Monthly Rent | $1,472 |
| Price-to-Rent | 10.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.7% |
| Cap Rate | 6.3% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +1.0% ▲ |
| 3-Year CAGR | -2.2% ▼ |
| 5-Year CAGR | +1.4% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | -1.9% ▼ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.3%). 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 77087
Population: 35,192
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 77087
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CAGE EL
DEADY MIDDLE
HARRIS J R EL
ALCOTT EL
DE ZAVALA 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
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 better for rentals, flips, or BRRRR?
Houston, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($183K prices, $1,472/mo rents) make it a reasonable choice.
Where do rents currently stand in Houston, TX?
The typical rental in Houston, TX commands about $1,472/mo monthly. That rent profile measured cash flow against the $183K purchase basis.
What is the tenant pool like in Houston, TX?
The tenant pool in Houston, TX is solid, supported by local employment and population fundamentals. Rents of $1,472/mo are well-absorbed by the market.
How do landlord-tenant laws work in Houston, TX?
TX law landlord-friendly for landlords, and Houston inherits those rules. Investors should still review local ordinances for rental licensing.
Can I house hack in Houston, TX?
Houston, TX offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,472/mo rent level.
You know 77087 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77087 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 77087 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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