Real Estate Investing in Houston, Texas (77598)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77598 (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.
No major risk flags on the data we track.
What’s happening in Houston, TX (77598)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77598 Houston
The 77598 ZIP in Houston, TX is a local-operator market. Outside capital chasing a $264K entry has to pair deep knowledge with the discount.
On balance, the numbers look inviting — $264K purchase price, 0.0% nominal cap — the work to hit that pro forma in 77598 is substantial and deserves full respect.
Regionally, 77598 sits on the difficult end of the TX spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
The 77598 ZIP's population of 26,638 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
The 77598 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 77598
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $113,620 | $1,450 | 9.2% | +6.0% | $113,620 |
| 2BR | $113,240 | $1,720 | 10.9% | +1.7% | $56,620 |
| 3BR | $255,672 | $2,310 | 6.5% | +5.3% | $85,224 |
| 4BR | $418,877 | $2,890 | 5.0% | +6.0% | $104,719 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77598 Compare?
| Metric | 77598 | Houston | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $263,512 | $318,356 | N/A | $297,000 |
| 5-Year CAGR | 3.5% | 2.6% | N/A | 5.4% |
| Avg Rent | $1,315 | $1,555 | N/A | - |
| Cap Rate | 3.9% | 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 77598 (Houston, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77598 (Houston, TX)?
~25 seconds · no account needed · your report is anonymous
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 | $263,512 |
| Monthly Rent | $1,315 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +1.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 77598
Population: 26,638
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 77598
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CLEAR LAKE CITY EL
FALCON PASS EL
G H WHITCOMB EL
JOHN F WARD EL
CLEAR LAKE INT
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
Investor Insight: With 29,598 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Houston, TX for real estate investors?
Houston, TX scores 3.0/5 for investability. Home values sit at $264K and rents near $1,315/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is it like being a landlord in Houston, TX?
TX law landlord-friendly for landlords, and Houston inherits those rules. Investors should still review local ordinances for rental licensing.
Are rents high in Houston, TX?
Houston, TX rentals go for roughly $1,315/mo a month. That puts gross yield in solid territory relative to $264K acquisition costs.
Is house hacking profitable in Houston, TX?
House hacking works a challenging in Houston, TX. Rents of $1,315/mo against $264K acquisition make the strategy solid for owner-occupants.
What approach is best for Houston, TX real estate?
The best-fit strategy in Houston, TX is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 77598 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77598 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 77598 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 77598 (Houston)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 77598 (Houston, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.