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

Carmine, TX has a median modeled monthly cash flow of $-3,297 and a median cap rate of 0.6%, on a median sold price of $429,900. Prices changed +25.6% year over year.

What is the average cap rate in Carmine, TX?

The median cap rate across recently sold homes in Carmine, TX is 0.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carmine, TX?

The median sold price in Carmine, TX is $429,900 (about $307 per square foot).

Investing in Carmine, TX Real Estate

A data-driven snapshot of the Carmine, 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.

$429,900Median sold price

$307Median $/sqft

0.6%Median cap rate

$-3,297Modeled cash flow / mo

+25.6%Appreciation YoY

8.0Months of supply

22Active listings

33Sold (last 12 mo)

What the Carmine numbers say

In Carmine, TX, the median home sold for $429,900 (about $307 per square foot), and the typical deal models out to a 0.6% cap rate with a median $-3,297 of monthly cash flow. Sold prices moved +25.6% over the past year. Inventory sits at about 8.0 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 Carmine cash-flowing listings

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