Real Estate Investing in Houston, Texas (77088)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77088 (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 (77088)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77088 Houston
This part of Harris County is not an easy win. The 77088 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Put differently, the numbers look inviting — $213K purchase price, 0.0% nominal cap — the work to hit that pro forma in 77088 is substantial and deserves full respect.
Regionally, 77088 sits on the difficult end of the TX spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
The 77088 ZIP's population of 54,115 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Strategy in 77088 is an operator game, not a passive one. In practical terms, entry prices of $213K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 77088
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $90,298 | $1,150 | 9.2% | +7.1% | $90,298 |
| 2BR | $130,171 | $1,370 | 7.6% | +6.5% | $65,085 |
| 3BR | $209,215 | $1,840 | 6.3% | +6.5% | $69,738 |
| 4BR | $237,286 | $2,300 | 7.0% | +5.7% | $59,321 |
| 5BR | $268,577 | — | — | +5.7% | $53,715 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77088 Compare?
| Metric | 77088 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $213,483 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 3.9% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,708 | $1,555 | N/A | - |
| Cap Rate | 6.2% | 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 77088 (Houston, TX). Anonymous, moderated, never written by AI.
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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 | $213,483 |
| Monthly Rent | $1,708 |
| Price-to-Rent | 10.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.6% |
| Cap Rate | 6.2% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +0.0% ▲ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.2%). 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 77088
Population: 54,115
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 77088
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
What type of investing works in Houston, TX?
Houston, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($213K prices, $1,708/mo rents) make it a reasonable choice.
What is the tenant pool like in Houston, TX?
Houston, TX offers a reliable renter base at the $1,708/mo rent level. Tenant turnover is reasonable for well-managed properties.
How do landlord-tenant laws work in Houston, TX?
Rental owners in Houston, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Does a duplex house hack pencil in Houston, TX?
Houston, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $213K price point reasonable to enter.
Is Houston, TX a smart market for rental property?
Investors tracking Houston, TX will find a 3.0/5 rating supported by $213K median home values and $1,708/mo rents. That profile suits long-term holders targeting consistent returns.
You know 77088 now. You don’t know where it ranks.
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How 77088 ranks in Houston-The Woodlands-Sugar Land, TX
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