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

Franklin, TX has a median modeled monthly cash flow of $-2,875 and a median cap rate of 0.4%, on a median sold price of $298,000. Prices changed +6.0% year over year.

What is the average cap rate in Franklin, TX?

The median cap rate across recently sold homes in Franklin, TX is 0.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Franklin, TX?

The median sold price in Franklin, TX is $298,000 (about $231 per square foot).

Investing in Franklin, TX Real Estate

A data-driven snapshot of the Franklin, 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.

$298,000Median sold price

$231Median $/sqft

0.4%Median cap rate

$-2,875Modeled cash flow / mo

+6.0%Appreciation YoY

27.7Months of supply

90Active listings

39Sold (last 12 mo)

What the Franklin numbers say

In Franklin, TX, the median home sold for $298,000 (about $231 per square foot), and the typical deal models out to a 0.4% cap rate with a median $-2,875 of monthly cash flow. Sold prices moved +6.0% over the past year. Inventory sits at about 27.7 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 Franklin cash-flowing listings

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