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

Devine, TX has a median modeled monthly cash flow of $-1,167 and a median cap rate of 1.8%, on a median sold price of $235,000. Prices changed -3.0% year over year.

What is the average cap rate in Devine, TX?

The median cap rate across recently sold homes in Devine, TX is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Devine, TX?

The median sold price in Devine, TX is $235,000 (about $164 per square foot).

Investing in Devine, TX Real Estate

A data-driven snapshot of the Devine, 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.

$235,000Median sold price

$164Median $/sqft

1.8%Median cap rate

$-1,167Modeled cash flow / mo

-3.0%Appreciation YoY

13.3Months of supply

120Active listings

108Sold (last 12 mo)

What the Devine numbers say

In Devine, TX, the median home sold for $235,000 (about $164 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,167 of monthly cash flow. Sold prices moved -3.0% over the past year. Inventory sits at about 13.3 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 Devine cash-flowing listings

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