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

Canyon Creek, TX has a median modeled monthly cash flow of $-412 and a median cap rate of 4.7%, on a median sold price of $265,000. Prices changed -3.3% year over year.

What is the average cap rate in Canyon Creek, TX?

The median cap rate across recently sold homes in Canyon Creek, TX is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Canyon Creek, TX?

The median sold price in Canyon Creek, TX is $265,000 (about $176 per square foot).

Investing in Canyon Creek, TX Real Estate

A data-driven snapshot of the Canyon Creek, 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.

$265,000Median sold price

$176Median $/sqft

4.7%Median cap rate

$-412Modeled cash flow / mo

-3.3%Appreciation YoY

8.1Months of supply

176Active listings

262Sold (last 12 mo)

What the Canyon Creek numbers say

In Canyon Creek, TX, the median home sold for $265,000 (about $176 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-412 of monthly cash flow. Sold prices moved -3.3% over the past year. Inventory sits at about 8.1 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 Canyon Creek cash-flowing listings

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