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

Harker Heights, TX has a median modeled monthly cash flow of $-697 and a median cap rate of 3.8%, on a median sold price of $316,750. Prices changed -8.9% year over year.

What is the average cap rate in Harker Heights, TX?

The median cap rate across recently sold homes in Harker Heights, TX is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Harker Heights, TX?

The median sold price in Harker Heights, TX is $316,750 (about $144 per square foot).

Investing in Harker Heights, TX Real Estate

A data-driven snapshot of the Harker Heights, 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.

$316,750Median sold price

$144Median $/sqft

3.8%Median cap rate

$-697Modeled cash flow / mo

-8.9%Appreciation YoY

16.4Months of supply

263Active listings

192Sold (last 12 mo)

What the Harker Heights numbers say

In Harker Heights, TX, the median home sold for $316,750 (about $144 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-697 of monthly cash flow. Sold prices moved -8.9% over the past year. Inventory sits at about 16.4 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 Harker Heights cash-flowing listings

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