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

Grays Prairie, TX has a median modeled monthly cash flow of $-1,391 and a median cap rate of 2.4%, on a median sold price of $304,500. Prices changed +4.7% year over year.

What is the average cap rate in Grays Prairie, TX?

The median cap rate across recently sold homes in Grays Prairie, TX is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Grays Prairie, TX?

The median sold price in Grays Prairie, TX is $304,500 (about $199 per square foot).

Investing in Grays Prairie, TX Real Estate

A data-driven snapshot of the Grays Prairie, 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.

$304,500Median sold price

$199Median $/sqft

2.4%Median cap rate

$-1,391Modeled cash flow / mo

+4.7%Appreciation YoY

8.4Months of supply

28Active listings

40Sold (last 12 mo)

What the Grays Prairie numbers say

In Grays Prairie, TX, the median home sold for $304,500 (about $199 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,391 of monthly cash flow. Sold prices moved +4.7% over the past year. Inventory sits at about 8.4 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 Grays Prairie cash-flowing listings

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