Real Estate Investing in Houston, Texas (77339)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77339 (Houston, TX)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.7% vacancy may signal weakening demand.
What’s happening in Houston, TX (77339)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77339 Houston
The 77339 ZIP covers a section of Houston that demands careful diligence. Prices near $298K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 77339 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 77339 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 77339 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 77339 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 77339
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $182,096 | $1,840 | 7.3% | +3.2% | $91,048 |
| 3BR | $252,777 | $2,480 | 7.1% | +5.5% | $84,259 |
| 4BR | $320,977 | $3,090 | 6.9% | +5.8% | $80,244 |
| 5BR | $476,599 | — | — | +6.6% | $95,320 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77339 Compare?
| Metric | 77339 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $297,983 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 3.7% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,628 | $1,555 | N/A | - |
| Cap Rate | 4.3% | 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 77339 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77339 (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 | $297,983 |
| Monthly Rent | $1,628 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 Rent Trends
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +3.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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 77339
Population: 43,364
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 77339
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 landlord laws favorable in Houston, TX?
The landlord environment in Houston, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Are renters plentiful in Houston, TX?
Tenant quality in Houston, TX ranks as solid. Landlords generally report consistent occupancy at market rents of $1,628/mo.
What is the median home value in Houston, TX?
Homes in Houston, TX typically sell near $298K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
Can I house hack in Houston, TX?
House hacking works a challenging in Houston, TX. Rents of $1,628/mo against $298K acquisition make the strategy solid for owner-occupants.
How much do tenants pay in Houston, TX?
Houston, TX rentals go for roughly $1,628/mo a month. That puts gross yield in solid territory relative to $298K acquisition costs.
You know 77339 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77339 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 77339 ranks in Houston-The Woodlands-Sugar Land, TX
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