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

Bishop, TX has a median modeled monthly cash flow of $-334 and a median cap rate of 4.0%, on a median sold price of $162,500. Prices changed +15.0% year over year.

What is the average cap rate in Bishop, TX?

The median cap rate across recently sold homes in Bishop, TX is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bishop, TX?

The median sold price in Bishop, TX is $162,500 (about $119 per square foot).

Investing in Bishop, TX Real Estate

A data-driven snapshot of the Bishop, 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.

$162,500Median sold price

$119Median $/sqft

4.0%Median cap rate

$-334Modeled cash flow / mo

+15.0%Appreciation YoY

8.8Months of supply

22Active listings

30Sold (last 12 mo)

What the Bishop numbers say

In Bishop, TX, the median home sold for $162,500 (about $119 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-334 of monthly cash flow. Sold prices moved +15.0% over the past year. Inventory sits at about 8.8 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 Bishop cash-flowing listings

CashFlowRE ranks every for-sale home in Bishop, 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 Bishop deals, or browse the national market data.