Real Estate Investing in Houston, Texas (77345)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77345 (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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Houston, TX (77345)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77345 Houston
The 77345 ZIP in Houston, TX is a local-operator market. Outside capital chasing a $417K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 77345 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From an investor standpoint, 77345 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.
Who lives in 77345 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 77345 is an operator game, not a passive one. From an investor standpoint, entry prices of $417K 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 77345
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $124,236 | $1,940 | 11.2% | +15.2% | $124,236 |
| 2BR | $244,184 | $2,310 | 6.8% | +5.3% | $122,092 |
| 3BR | $306,547 | $3,110 | 7.3% | +5.5% | $102,182 |
| 4BR | $411,423 | $3,880 | 6.8% | +6.2% | $102,856 |
| 5BR | $563,743 | — | — | +7.1% | $112,749 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77345 Compare?
| Metric | 77345 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $416,551 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 4.3% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,912 | $1,555 | N/A | - |
| Cap Rate | 3.6% | 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 77345 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77345 (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 | $416,551 |
| Monthly Rent | $1,912 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 Rent Trends
| 1-Year | -8.6% ▼ |
| 3-Year CAGR | -3.5% ▼ |
| 5-Year CAGR | +0.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 77345
Population: 27,574
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 77345
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.
Frequently Asked Questions
What type of investing works in Houston, TX?
For Houston, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the investability score for Houston, TX?
Houston, TX scores 3.0/5 for investability. Home values sit at $417K and rents near $1,912/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are renters plentiful in Houston, TX?
Tenant demand in Houston, TX is solid. The local workforce $1,912/mo rents across most rental classes.
Can I house hack in Houston, TX?
For house hackers, Houston, TX is a challenging. The $1,912/mo rent on a unit helps defray the mortgage on a $417K property.
Is rental property easy to operate in Houston, TX?
For rental operators, Houston, TX rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 77345 now. You don’t know where it ranks.
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How 77345 ranks in Houston-The Woodlands-Sugar Land, TX
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