Real Estate Investing in Spring, Texas (77386)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Montgomery County • Population: 69,549 • Data updated: September 2026

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Should you buy in 77386 (Spring, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Spring, TX (77386)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $374,628
Avg Monthly Rent $2,100
1% Rule ✗ Does Not Meet
Median Income $131,285
% Renters 19.4%

Market Analysis: 77386 Spring

The 77386 ZIP in Spring, TX is a local-operator market. Outside capital chasing a $375K entry has to pair deep knowledge with the discount.

Distressed markets are won on execution, not on spreadsheets. ZIP 77386 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Statewide comparisons place 77386 among TX's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Employment concentration in 77386 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The 77386 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Spring:

B Good
Buy Confidence Score: 77/100
Affordability
20/25
Appreciation
18/25
Stability
14/20
Timing
10/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.9× the median income
Value Trend
Stable (+2.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,100/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Houston-The Woodlands-Sugar Land, TX Metro Area
More inventory, negotiating room for buyers
79 days
Average time to sell
Slow
9.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Houston-The Woodlands-Sugar Land, TX metro data
🏠

Property Strategy for 77386

Which property type performs best in this market?

Best for Cash Flow
2BR
7.4% cap rate
Best for Appreciation
5BR
+7.6% 5yr CAGR
Best Overall Value
3BR
$94,469/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $209,328 $2,160 7.4% +5.3% $104,664
3BR $283,406 $2,910 7.4% +6.2% $94,469
4BR $412,544 $3,620 6.3% +6.6% $103,136
5BR $595,128 +7.6% $119,026

Market Trends

Home Value History (with trend line)

$392K$346K$300K$254K$208K$163KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,157$1,991$1,825$1,659$1,494$1,328Jul 2016Jul 2021Jul 2026

📊 How Does 77386 Compare?

Metric 77386 Spring Houston-The Woodlands-Sugar Land, TX Texas
Home Value $374,628 $422,812 N/A $297,000
5-Year CAGR 4.0% 5.0% N/A 5.4%
Avg Rent $2,100 $1,929 N/A -
Cap Rate 4.4% 3.8% - -
💡 Why Invest in 77386? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 77386 (Spring, TX). Anonymous, moderated, never written by AI.

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Property managers serving Montgomery County

Manage rentals here? List your business →

RentLife Property Management offers property management services across Greater Houston, including Spring, Tomball, The Woodlands, Conroe, Hockley, Houston, Katy, Cypress, Kingwood, Humble, Magnolia, summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
4.4%
Fair
5yr Growth
+4.0%
Moderate

📊 Market Snapshot

Home Value $374,628
Monthly Rent $2,100
Price-to-Rent 14.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.7%
Cap Rate 4.4%
5-Year IRR 8.4%

📈 Home Appreciation

1-Year +2.2% ▲
3-Year CAGR +0.8% ▲
5-Year CAGR +4.0% ▲
10-Year CAGR +4.5% ▲

🏠 Rent Trends

1-Year +7.3% ▲
3-Year CAGR +3.1% ▲
5-Year CAGR +4.0% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 4.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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.

Vacancy
3.7%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.0%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 77386

Population: 69,549

💰 Median Household Income
$131,285
This area
$131,285
State
$70,593
USA
$74,580
🏠 Renter Occupied
19.4%
This area
19.4%
State
29.5%
USA
34.0%
💼 Unemployment Rate
2.5%
This area
2.5%
State
-25.4%
USA
3.7%
🎓 College Educated
48.6%
This area
48.6%
State
-5.8%
USA
33.7%
👤 Median Age
33.8 years
This area
33.8 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
3.7%
This area
3.7%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 69.5%
Other/Mixed 15.1%
Hispanic/Latino 11.8%
Black/African American 9.7%
Asian 5.7%
👶 Under 18
32.6%
This area
32.6%
USA
22.0%
👴 65 and Over
8.3%
This area
8.3%
USA
17.3%
📊 Poverty Rate
5.8%
This area
5.8%
USA
11.5%

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 77386

B+ Avg School Grade
12 Schools
15.7:1 Avg Class Size
$14,087 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

FORD EL

📚 Pre-K – 04 Elementary
👥
868 Students
👨‍🏫
14.4:1 Class Size
💰
$14,087 Per Student
B+ Above Average

SNYDER EL

📚 Pre-K – 04 Elementary
👥
860 Students
👨‍🏫
14.4:1 Class Size
💰
$14,087 Per Student
B+ Above Average

VOGEL INT

📚 05 – 06 School
👥
960 Students
👨‍🏫
14.8:1 Class Size
💰
$14,087 Per Student
B+ Above Average

BRADLEY EL

📚 Pre-K – 04 Elementary
👥
1,022 Students
👨‍🏫
14.8:1 Class Size
💰
$14,087 Per Student
B+ Above Average

BIRNHAM WOODS EL

📚 Pre-K – 04 Elementary
👥
899 Students
👨‍🏫
16.3:1 Class Size
💰
$14,087 Per Student
B+ Above Average

BROADWAY EL

📚 Pre-K – 04 Elementary
👥
998 Students
👨‍🏫
15.5:1 Class Size
💰
$14,087 Per Student
B+ Above Average

CLARK INT

📚 05 – 06 School
👥
932 Students
👨‍🏫
15.3:1 Class Size
💰
$14,087 Per Student
B+ Above Average

HINES EL

📚 Pre-K – 04 Elementary
👥
808 Students
👨‍🏫
16.7:1 Class Size
💰
$14,087 Per Student
B+ Above Average

KAUFMAN EL

📚 Pre-K – 04 Elementary
👥
909 Students
👨‍🏫
15.7:1 Class Size
💰
$14,087 Per Student
B Good

COX INT

📚 05 – 06 School
👥
1,016 Students
👨‍🏫
15.7:1 Class Size
💰
$14,087 Per Student
B Good

YORK J H

📚 07 – 08 Middle
👥
1,975 Students
👨‍🏫
17.2:1 Class Size
💰
$14,087 Per Student
C+ Average

GRAND OAKS H S

📚 09 – 12 High School
👥
3,739 Students
👨‍🏫
18.1:1 Class Size
💰
$14,087 Per Student
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

8 Nearby 18,599 Off-Campus Students
C
Florida Career College-Houston
264 students · 7.1 mi
D
Universal Technical Institute of Texas Inc.
1,823 students · 8.4 mi
C
Mystros Barber Academy
14 students · 8.4 mi
F
Commonwealth Institute of Funeral Service
382 students · 8.9 mi
D
Trend Barber College
90 students · 9.5 mi
C
Lone Star College System
70,991 students · 9.9 mi
C+
Houston Barber School
225 students · 10.0 mi
D
Grace School of Theology
593 students · 10.0 mi

Investor Insight: With 18,599 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How deep is the rental pool in Spring, TX?

Expect a solid tenant pool in Spring, TX. The rental market absorbs $2,100/mo rents without meaningful friction.

Is rental property easy to operate in Spring, TX?

Landlord-friendliness in Spring, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Are there empty rentals in Spring, TX?

Vacancy in Spring, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,100/mo.

How viable is house hacking in Spring, TX?

House hacking in Spring, TX is a challenging. With home values around $375K and rents at $2,100/mo, owner-occupants can offset a meaningful share of PITI.

Is Spring, TX better for rentals, flips, or BRRRR?

For Spring, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

You know 77386 now. You don’t know where it ranks.

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How 77386 ranks in Houston-The Woodlands-Sugar Land, TX

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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