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

Conroe, TX has a median modeled monthly cash flow of $-819 and a median cap rate of 3.4%, on a median sold price of $310,000. Prices changed -3.0% year over year.

What is the average cap rate in Conroe, TX?

The median cap rate across recently sold homes in Conroe, TX is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Conroe, TX?

The median sold price in Conroe, TX is $310,000 (about $160 per square foot).

Investing in Conroe, TX Real Estate

A data-driven snapshot of the Conroe, 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.

$310,000Median sold price

$160Median $/sqft

3.4%Median cap rate

$-819Modeled cash flow / mo

-3.0%Appreciation YoY

13.4Months of supply

5,426Active listings

4,865Sold (last 12 mo)

What the Conroe numbers say

In Conroe, TX, the median home sold for $310,000 (about $160 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-819 of monthly cash flow. Sold prices moved -3.0% over the past year. Inventory sits at about 13.4 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.

🔨 See 141 fix-and-flip deals in Conroe — listings where the estimated after-repair value beats list price + rehab.

Other Texas markets to compare

See Conroe cash-flowing listings

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