Is Waller County, TX good for real estate investing?

Waller County has an investment score of 57/100, rated as "Hold". The county ranks #413 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Waller?

The rent-to-price ratio in Waller County is 7.66% annually, which ranks in the 87th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Waller?

The median home price in Waller County is $357,000. This ranks #775 in affordability among all US counties.

Can you cash flow on rental properties in Waller?

Based on median values with 20% down at current rates, a typical rental in Waller County would generate negative cash flow of $390/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Waller County

TexasPopulation: 57,463Houston, TX Metro

/100

Hold

#413 of 1,000 counties

#83 in Texas (243 counties)

Market Snapshot

$357,000

Median Home Price

53% above national median

$2,278/mo

Median Rent

51% above national median

7.66%

Rent-to-Price Ratio

Top 13% nationally

-$390

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$357,000

Down Payment (20%)$71,400

Loan Amount$285,600

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,278

Monthly P&I-$1,871

Est. Expenses (35%)-$797

Net Cash Flow-$390/mo

5.0%

Cap Rate (all cash)

-5.7%

Cash-on-Cash Return

7.66%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.0% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

57/100

Cash Flow(30%)

77/100

Based on 7.66% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

41/100

Based on -1.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

55/100

Price-to-income ratio of 5.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.66%)
+Complete rent data available

Challenges

-Declining home values (-1.7% YoY)
-Negative cash flow at typical financing (-$390/mo)
-Negative leverage (cap rate 5.0% < mortgage rate 6.9%)

Economic Indicators

Population

57,463

Median Income

$71,643

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
VictoriaTX	58	$211,088	$1,124	6.39%	Hold	View
HamiltonTX	58	$260,560	Est. pending	—	Hold	View
CurrentWallerTX	57	$357,000	$2,278	7.66%	Hold
DuvalTX	55	$75,098	Est. pending	—	Hold	View
KarnesTX	55	$199,873	Est. pending	—	Hold	View
De WittTX	55	$212,252	Est. pending	—	Hold	View

The Bottom Line

HoldWaller is a neutral market. Consider house hacking or targeting below-market deals.

Waller County in Texas scores 57/100, ranking #413 of 1,000 US counties (top 55%). The 7.66% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-390/mo

Cap Rate

5.0%

Cash-on-Cash

-5.7%

Ready to Analyze a Deal in Waller?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$357,000

Down Payment (20%)$71,400

Loan Amount$285,600

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,278

Monthly P&I-$1,871

Est. Expenses (35%)-$797

Net Cash Flow-$390/mo

5.0%

Cap Rate (all cash)

-5.7%

Cash-on-Cash Return

7.66%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.0% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

57/100

Cash Flow(30%)

77/100

Based on 7.66% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

41/100

Based on -1.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

55/100

Price-to-income ratio of 5.0x. Lower ratios indicate more affordable markets.

County

Verdict

VictoriaTX

$211,088

$1,124

6.39%

Hold

View

HamiltonTX

$260,560

Est. pending

—

Hold

View

CurrentWallerTX

$357,000

$2,278

7.66%

Hold

DuvalTX

$75,098

Est. pending

—

Hold

View

KarnesTX

$199,873

Est. pending

—

Hold

View

De WittTX

$212,252

Est. pending

—

Hold

View

The Bottom Line

HoldWaller is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-390/mo

Cap Rate

5.0%

Cash-on-Cash

-5.7%