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

Fresno, TX has a median modeled monthly cash flow of $-210 and a median cap rate of 5.4%, on a median sold price of $290,000. Prices changed -3.1% year over year.

What is the average cap rate in Fresno, TX?

The median cap rate across recently sold homes in Fresno, TX is 5.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fresno, TX?

The median sold price in Fresno, TX is $290,000 (about $142 per square foot).

Investing in Fresno, TX Real Estate

A data-driven snapshot of the Fresno, 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.

$290,000Median sold price

$142Median $/sqft

5.4%Median cap rate

$-210Modeled cash flow / mo

-3.1%Appreciation YoY

6.7Months of supply

145Active listings

260Sold (last 12 mo)

What the Fresno numbers say

In Fresno, TX, the median home sold for $290,000 (about $142 per square foot), and the typical deal models out to a 5.4% cap rate with a median $-210 of monthly cash flow. Sold prices moved -3.1% over the past year. Inventory sits at about 6.7 months of supply. 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 Fresno cash-flowing listings

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