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

Cove, TX has a median modeled monthly cash flow of $-351 and a median cap rate of 5.0%, on a median sold price of $319,810. Prices changed +1.5% year over year.

What is the average cap rate in Cove, TX?

The median cap rate across recently sold homes in Cove, TX is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cove, TX?

The median sold price in Cove, TX is $319,810 (about $168 per square foot).

Investing in Cove, TX Real Estate

A data-driven snapshot of the Cove, 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.

$319,810Median sold price

$168Median $/sqft

5.0%Median cap rate

$-351Modeled cash flow / mo

+1.5%Appreciation YoY

32.5Months of supply

103Active listings

38Sold (last 12 mo)

What the Cove numbers say

In Cove, TX, the median home sold for $319,810 (about $168 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-351 of monthly cash flow. Sold prices moved +1.5% over the past year. Inventory sits at about 32.5 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 17 fix-and-flip deals in Cove — listings where the estimated after-repair value beats list price + rehab.

Other Texas markets to compare

See Cove cash-flowing listings

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