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

Converse, TX has a median modeled monthly cash flow of $-405 and a median cap rate of 4.4%, on a median sold price of $249,900. Prices changed -6.2% year over year.

What is the average cap rate in Converse, TX?

The median cap rate across recently sold homes in Converse, TX is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Converse, TX?

The median sold price in Converse, TX is $249,900 (about $137 per square foot).

Investing in Converse, TX Real Estate

A data-driven snapshot of the Converse, 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.

$249,900Median sold price

$137Median $/sqft

4.4%Median cap rate

$-405Modeled cash flow / mo

-6.2%Appreciation YoY

11.4Months of supply

539Active listings

567Sold (last 12 mo)

What the Converse numbers say

In Converse, TX, the median home sold for $249,900 (about $137 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-405 of monthly cash flow. Sold prices moved -6.2% over the past year. Inventory sits at about 11.4 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 Converse cash-flowing listings

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