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

Friendswood, TX has a median modeled monthly cash flow of $-1,262 and a median cap rate of 2.9%, on a median sold price of $417,000. Prices changed -2.4% year over year.

What is the average cap rate in Friendswood, TX?

The median cap rate across recently sold homes in Friendswood, TX is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Friendswood, TX?

The median sold price in Friendswood, TX is $417,000 (about $180 per square foot).

Investing in Friendswood, TX Real Estate

A data-driven snapshot of the Friendswood, 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.

$417,000Median sold price

$180Median $/sqft

2.9%Median cap rate

$-1,262Modeled cash flow / mo

-2.4%Appreciation YoY

8.2Months of supply

521Active listings

758Sold (last 12 mo)

What the Friendswood numbers say

In Friendswood, TX, the median home sold for $417,000 (about $180 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,262 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 8.2 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 Friendswood cash-flowing listings

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