What areas to buy rental properties in Houston?

Pretty good post. I will come back and follow you

@Mia_Jacob: Thanks a lot for your suggestion, the information you provided is definitely really helpful and I was actually looking for a place nearby Chicago and you've made this task quite easy for me now :)

I am in the Friendswood/greater Bay Area, and I think there are some very good options that would meet your criteria. If you would like further information, please let me know!

My advice is just that search through online, because you can easily find online many good places, and yeah many online stores also offer property dealing service like Reecoupons, Amazon and many others, just go there set your requirements and you can find many homes for rent or for buying by using coupons, I never experienced to buy property from them but I saw an option when I was ordering my stuff. For more info and any other things check my source.

To give good advice it Is needed to know your intentions and possibilities more precisely. Just to orient you, I can admit 4 most popular area for investing. Midtown having the multiple advantages, among those the location is the most valuable: center, proximity to other districts and items of tourist interests, closeness to business centers, excellent walkability, a variety of property options, etc. Montrose is one of the modern districts with a vast number of trendy infrastructure and opportunities for leisure. The Heights – the place of history, it is one of the most eclectic ones. Memorial – the place for cozy family living with appropriate infrastructure.

Hey Yashesh,

I work with quite a few investors and there is only one real answer. Anywhere that the numbers make sense. Obviously the better the area the more secure your investment, but you can find a good or bad area to hunt no matter where you look geographically. My first consideration would be, where can you get the best deal, are you willing to invest in repairs, are the rentals in the area supportive of your investment to maximize your ROI.

Feel free to reach out, lets talk about your goals and how we can achieve them together!

Ryan Kohn,
281-636-8179 Call or Text
ryank@rykohnrealty.com

Yashesh,

It really depends! Each investor has slightly different objectives and constraints. I'd strongly encourage reaching out to an agent experienced in investment real estate to make sure the search is properly tailored to your needs. We've personally loved operating our rental properties - it's an incredible tool for wealth building!

Grant Rothberg
Rothberg Realty Group w/Keller Williams Houston Preferred
832.219.9380
grant@rothbergrealtygroup.com

Hi Yashesh Panchal,

As a realtor having most business in the Katy and Richmond area. I know Investment properties not necessarily to be in the great school districts, usually the house prices are bubbled due to high demand in such areas. The renters are very seasonal and Long term renters are rare. Occupancy rates are not great. On top of it, plenty of new apartments built in Katy and Surrounding areas are pressuring the rent prices. My opinion the property needs to be areas closer to the city center, while relatively safe and quieter. Single family homes has higher tax, maintenance cost. You might consider a townhome, also the ones HOA take care of exterior, roof, landscaping with low monthly maintenance fees. I know couple of subdivisions that fit these in Houston, example you can purchase a townhome for $140000 and rent for $1400 to $1450 monthly. Contact me for further details.

Regards,

Cagdas Acar
Msc PSA CPE VLB
832-283-1091
www.homeswithcagdas.com
acarster@gmail.com

I have a lot of strategies for my investors. The price point you are looking for is the Gold Googe Egg price, in other words, it will be very competitive to find a great deal unless you get there first. I hope you have an " Investor REALTORS" you are working with. We generally have a list of other REALTORS and investors we work with on a regular basis and have or know where to find them. were to look
Katy, there are some new construction in and some older home north of I-10 and 99, Cimmerron, stone creek, canyon gate area, old Katy area, soon to open Jordan ranch and young ranch area
Houston. jersey village area, Spring branch, acres homes area, Mission Bend, Alief, Sharpstown
Call me if you need more help James 832-880-2396

Hi Yashesh

All of the answers above are right on point. But ultimately the area you chose will depend on your investment goals and your desired ROI.
Most of the areas mentioned above are also saturated with investors, so be cautious when buying a property, as many buyers are driving the prices up, especially if it comes to homes priced up to $150K. They go quick. Also, not every home, even in the price range of $150K-200K will be suitable either, as it may not yield enough rent to justify the price.

If you buy right and do your homework, just about any area will be suitable and will make you good profit.
Be sure you calculate your ROI carefully before selecting a potential investment property and know your numbers. Be mindful of annual tax and HOA fees also, as you need to calculate them into your operating budget, along with potential repairs or cost of property management company (if that's what you chose to do).

A good Realtor will be able to assist you not only in selecting the right area, but also in calculating your potential ROI.
Thank you,

Yvonne Chauvin- REALTOR®
MCNE, CNE
Better Homes & Gardens Real Estate Gary Greene
YvonneChauvin@yvonnechauvin.com
Cell: 281-686-0143

Hello Yashesh:

My colleagues have made many good suggestions and offered a number of excellent areas with good investment potential.
One piece of advice lacking concerns how to choose the agent who will best serve you. My recommendation is to utilize an agent for each area in which you wish to concentrate.
Houston is a huge city and no one will know the intimate details of every area. You want someone who knows the ins and outs of the schools, what neighborhoods flooded, the builders in the neighborhoods, knowledge of properties that not yet hit the market, etc
Although I have been in the Houston area for almost 25 years, the bulk of that time has been spent in Cypress. Thus, I have experienced firsthand the explosive growth in our little slice of heaven. I've witnessed empty fields become thriving, warm neighborhoods, as well as the development of one of the highest rated school districts in Texas.
If you invest in the Cypress area, consider putting my real estate and Cypress knowledge and experience to work for you. You will be glad you did!

At YOUR Service!
Cathie Bortz
BHGRE Gary Greene, Cypress
281-744-4879
Cathie.Bortz@garygreene.com

I would say in the Southwest, Central area, Katy, Cypress and Northwest Houston, Sugar land is a good area as well. Depend on what you are look for as well. Location means a lot.

Please contact me for your need Assistant.

Katy or Sugarland because of their great schools and below 250 K pricing. Not flooded neighborhoods. Close to shopping and good access to freeways.

Yashesh,

These are great questions, questions that you should be asking your realtor. There are great realtors out there as you can see by the responses you’re receiving. Pick one and put her to work for you.

Best

Recently another investor asked me to direct them for investment property. I have data research I'd be glad to provide to you. Please direct message me and I'd be glad to update the info and send to you provided. Please advise! Let me know how I can assist you as your Buyers Agent..

In my opinion, like the old saying it's all about location,location, good school district, my suggestion would be Katy, Richmond, Cypress or Sugarland.

I work mainly in the Katy area. I think West Memorial / Cimarron / Falcon Ranch / Falcon Landing are some of the subdivisions you can look at, since they are KatyISD, good tax rate, low HOA, exemplary schools, low crime rate. it is a very desirable area for stablished families.
I can email you an investment excel sheet with if needed.

Liliana Patino
713-498-6788
Lilianapatino.re@ gmail.com

Hi Mr. Panchal, My advice to you is to buy a property near to you and look for a neighborhood where the homes prices are stable or preferably rising. I say a home near you because you will want to check progress of any work being done or check on tenants if renting the home out. Additionally, most contractors will only work in their area (north, south east, west Houston) since Houston is so spread out. I know this because I work with contractors and a few investors. If you would like to talk about investing and what to expect, give me a call. Also, at the time of this writing I know of a good candidate of an investment home in Northeast Houston, 281-642-4359

1. Close to where you live
2. in a great ISD
3. Priced below 150K
4. Where you can find the deal
5. You question is vague there are many factors that vary for each investor.
6. Do you want single family houses or Apts
7. Office, industrial, trailer park,
8. are you looking for cash flow or appreciation,
9. a halfway house or airbnb, Hotel
10. mini storage

Hello Yashesh,

A good area to think about would be northwest Houston/Cypress. Generally, homes built in the 80s-2000s and within 30 min drive to the Energy Corridor along I-10 (and with the completion of the Grand Parkway and widening of Hwy 290, commuting to other parts of Houston just got easier!). Great Cy-Fair, Katy and Tomball schools. Just stay away from the flood areas. Hope that helps!

Mark McNitt
MarkKnowsHouston.com
832-567-4357
Bernstein Realty