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

Carter, TX has a median modeled monthly cash flow of $-1,289 and a median cap rate of 2.8%, on a median sold price of $274,990. Prices changed +8.0% year over year.

What is the average cap rate in Carter, TX?

The median cap rate across recently sold homes in Carter, TX is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carter, TX?

The median sold price in Carter, TX is $274,990 (about $183 per square foot).

Investing in Carter, TX Real Estate

A data-driven snapshot of the Carter, 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.

$274,990Median sold price

$183Median $/sqft

2.8%Median cap rate

$-1,289Modeled cash flow / mo

+8.0%Appreciation YoY

22.4Months of supply

69Active listings

37Sold (last 12 mo)

What the Carter numbers say

In Carter, TX, the median home sold for $274,990 (about $183 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,289 of monthly cash flow. Sold prices moved +8.0% over the past year. Inventory sits at about 22.4 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 Carter cash-flowing listings

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