Real Estate Investing in Cypress, Texas (77429)

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

Harris County • Population: 95,938 • Data updated: September 2026

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Should you buy in 77429 (Cypress, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

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 Cypress, TX (77429)?

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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 $381,308
Avg Monthly Rent $1,973
1% Rule ✗ Does Not Meet
Median Income $123,172
% Renters 16.2%

Market Analysis: 77429 Cypress

This part of Harris County is not an easy win. The 77429 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $381K asset, 77429 is the wrong submarket. If the plan prices in friction, the yield can still work.

Regionally, 77429 sits on the difficult end of the TX spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.

Resident income in 77429 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

New investors are better served looking at Cypress's stable or hybrid ZIPs before stepping into 77429. The learning curve here is expensive when the lesson is wrong.

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 Cypress:

B Good
Buy Confidence Score: 77/100
Affordability
20/25
Appreciation
18/25
Stability
14/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.1× the median income
Value Trend
Stable (+0.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,973/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 77429

Which property type performs best in this market?

Best for Cash Flow
3BR
5.9% cap rate
Best for Appreciation
5BR
+7.3% 5yr CAGR
Best Overall Value
4BR
$102,719/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $259,053 $1,890 5.3% +6.5% $129,526
3BR $308,301 $2,540 5.9% +6.3% $102,767
4BR $410,875 $3,170 5.6% +6.8% $102,719
5BR $557,341 +7.3% $111,468

Market Trends

Home Value History (with trend line)

$405K$357K$309K$261K$213K$165KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,114$1,949$1,785$1,620$1,456$1,291Jul 2016Jul 2021Jul 2026

📊 How Does 77429 Compare?

Metric 77429 Cypress Houston-The Woodlands-Sugar Land, TX Texas
Home Value $381,308 $405,450 N/A $297,000
5-Year CAGR 3.7% 3.8% N/A 5.4%
Avg Rent $1,973 $1,969 N/A -
Cap Rate 4.0% 3.8% - -
💡 Why Invest in 77429? 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 77429 (Cypress, 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

HOACommercial
Unclaimed — is this your business? Claim it free

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

Small multifamily
Unclaimed — is this your business? Claim it free

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

HOACommercial
Unclaimed — is this your business? Claim it free

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
4.0%
Fair
5yr Growth
+3.7%
Moderate

📊 Market Snapshot

Home Value $381,308
Monthly Rent $1,973
Price-to-Rent 16.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.2%
Cap Rate 4.0%
5-Year IRR 7.8%

📈 Home Appreciation

1-Year +0.6% ▲
3-Year CAGR +0.1% ▲
5-Year CAGR +3.7% ▲
10-Year CAGR +4.5% ▲

🏠 Rent Trends

1-Year -4.3% ▼
3-Year CAGR 0.0% ▼
5-Year CAGR +1.7% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 4.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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
3.5%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 77429

Population: 95,938

💰 Median Household Income
$123,172
This area
$123,172
State
$70,593
USA
$74,580
🏠 Renter Occupied
16.2%
This area
16.2%
State
29.5%
USA
34.0%
💼 Unemployment Rate
3.3%
This area
3.3%
State
-25.4%
USA
3.7%
🎓 College Educated
48.5%
This area
48.5%
State
-5.8%
USA
33.7%
👤 Median Age
37.3 years
This area
37.3 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
3.5%
This area
3.5%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 63.6%
Other/Mixed 16.8%
Hispanic/Latino 13.6%
Asian 10.1%
Black/African American 9.4%
👶 Under 18
28.8%
This area
28.8%
USA
22.0%
👴 65 and Over
10.2%
This area
10.2%
USA
17.3%
📊 Poverty Rate
2.8%
This area
2.8%
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 77429

B Avg School Grade
15 Schools
15.7:1 Avg Class Size
$14,585 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

MILLSAP EL

📚 Pre-K – 05 Elementary
👥
907 Students
👨‍🏫
14.3:1 Class Size
💰
$14,636 Per Student
B+ Above Average

ARNOLD MIDDLE

📚 06 – 08 Middle
👥
1,378 Students
👨‍🏫
13.9:1 Class Size
💰
$14,636 Per Student
B+ Above Average

BLACK EL

📚 Pre-K – 05 Elementary
👥
1,167 Students
👨‍🏫
14.8:1 Class Size
💰
$14,636 Per Student
B+ Above Average

AULT EL

📚 Pre-K – 05 Elementary
👥
954 Students
👨‍🏫
15.9:1 Class Size
💰
$14,636 Per Student
B+ Above Average

FARNEY EL

📚 Pre-K – 05 Elementary
👥
916 Students
👨‍🏫
16.5:1 Class Size
💰
$14,636 Per Student
B+ Above Average

LAMKIN EL

📚 Pre-K – 05 Elementary
👥
903 Students
👨‍🏫
15.1:1 Class Size
💰
$14,636 Per Student
B+ Above Average

SAMPSON EL

📚 Pre-K – 05 Elementary
👥
907 Students
👨‍🏫
18.0:1 Class Size
💰
$14,636 Per Student
B Good

GOODSON MIDDLE

📚 06 – 08 Middle
👥
1,423 Students
👨‍🏫
16.5:1 Class Size
💰
$14,636 Per Student
B Good

HAMILTON EL

📚 Pre-K – 05 Elementary
👥
1,034 Students
👨‍🏫
15.1:1 Class Size
💰
$14,636 Per Student
B Good

HAMILTON MIDDLE

📚 06 – 08 Middle
👥
1,460 Students
👨‍🏫
16.6:1 Class Size
💰
$14,636 Per Student
B Good

ROBISON EL

📚 Pre-K – 05 Elementary
👥
1,006 Students
👨‍🏫
16.9:1 Class Size
💰
$14,636 Per Student
B Good

SPILLANE MIDDLE

📚 06 – 08 Middle
👥
1,436 Students
👨‍🏫
16.3:1 Class Size
💰
$14,636 Per Student
B Good

OAKCREST INT

📚 05 – 06 School
👥
827 Students
👨‍🏫
15.9:1 Class Size
💰
$13,875 Per Student
B Good

CY-FAIR H S

📚 09 – 12 High School
👥
3,412 Students
👨‍🏫
15.1:1 Class Size
💰
$14,636 Per Student
B Good

CYPRESS WOODS H S

📚 09 – 12 High School
👥
3,391 Students
👨‍🏫
15.4:1 Class Size
💰
$14,636 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
D
Ogle School Hair Skin Nails-Willowbrook
438 students · 6.8 mi
D
The Vocational Nursing Institute Inc
20 students · 7.4 mi
C+
Champion Beauty College
26 students · 10.1 mi
D
Galen Health Institutes-Houston
543 students · 11.9 mi
C
Pima Medical Institute-Houston
1,019 students · 12.0 mi
D
Chamberlain University-Texas
2,416 students · 12.0 mi
C
Mystros Barber Academy
14 students · 12.4 mi
C
Premier Barber School
48 students · 12.6 mi

Frequently Asked Questions

How does Cypress, TX stack up for property investment?

Yes - Cypress, TX a 3.0/5 investability score. With $381K home prices against $1,973/mo monthly rent, the market delivers a reasonable entry point for new investors.

How much rent can I charge in Cypress, TX?

Rents in Cypress, TX run near $1,973/mo. Compared with median home prices of $381K that produces solid gross yields for typical rentals.

Do landlords face vacancy issues in Cypress, TX?

Expect elevated vacancy in Cypress, TX. Rents at $1,973/mo are absorbed by the tenant base without meaningful lag.

Is Cypress, TX a friendly market for rental owners?

For rental operators, Cypress, TX rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

What investment strategy works best in Cypress, TX?

In Cypress, TX the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $381K prices and $1,973/mo rents suits that approach.

You know 77429 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 77429 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.

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How 77429 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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