Is Allen, TX a good place to invest in rental property?

Allen, TX has a median modeled monthly cash flow of $-1,661 and a median cap rate of 2.6%, on a median sold price of $505,670. Prices changed -4.0% year over year.

What is the average cap rate in Allen, TX?

The median cap rate across recently sold homes in Allen, TX is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Allen, TX?

The median sold price in Allen, TX is $505,670 (about $216 per square foot).

Investing in Allen, TX Real Estate

A data-driven snapshot of the Allen, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$505,670Median sold price

$216Median $/sqft

2.6%Median cap rate

$-1,661Modeled cash flow / mo

-4.0%Appreciation YoY

7.5Months of supply

682Active listings

1,095Sold (last 12 mo)

What the Allen numbers say

In Allen, TX, the median home sold for $505,670 (about $216 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,661 of monthly cash flow. Sold prices moved -4.0% over the past year. Inventory sits at about 7.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Texas markets to compare

See Allen cash-flowing listings

CashFlowRE ranks every for-sale home in Allen, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Allen deals, or browse the national market data.