Real Estate Investing in Houston, Texas (77099)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77099 (Houston, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
- Elevated poverty: 22.6% poverty rate — can affect rent collection.
What’s happening in Houston, TX (77099)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77099 Houston
This part of Harris County is not an easy win. The 77099 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 77099 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 77099 and stronger Houston ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 77099 ZIP's population of 49,271 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Strategy in 77099 is an operator game, not a passive one. On the rental side, entry prices of $217K 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 77099
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $60,547 | $1,260 | 15.0% | +0.9% | $60,547 |
| 2BR | $93,072 | $1,500 | 11.6% | +2.8% | $46,536 |
| 3BR | $217,037 | $2,020 | 6.7% | +6.2% | $72,346 |
| 4BR | $244,033 | $2,520 | 7.4% | +6.0% | $61,008 |
| 5BR | $280,870 | — | — | +6.5% | $56,174 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77099 Compare?
| Metric | 77099 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $217,171 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 4.0% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,068 | $1,555 | N/A | - |
| Cap Rate | 3.8% | 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 77099 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77099 (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 | $217,171 |
| Monthly Rent | $1,068 |
| Price-to-Rent | 17.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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 77099
Population: 49,271
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 77099
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
Are homes affordable in Houston, TX?
In Houston, TX the median home value sits at $217K. Against the broader TX market, that reads as reasonable for most investors.
What do rentals go for in Houston, TX?
Expect rents around $1,068/mo per month in Houston, TX. With home values at $217K, the yield math works out to reasonable levels for rental investors.
What kind of tenants rent in Houston, TX?
The tenant pool in Houston, TX is solid, supported by local employment and population fundamentals. Rents of $1,068/mo are well-absorbed by the market.
How do experienced investors play Houston, TX?
In Houston, TX the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $217K prices and $1,068/mo rents suits that approach.
Can I house hack in Houston, TX?
For house hackers, Houston, TX is a challenging. The $1,068/mo rent on a unit helps defray the mortgage on a $217K property.
You know 77099 now. You don’t know where it ranks.
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How 77099 ranks in Houston-The Woodlands-Sugar Land, TX
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