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

Harlingen, TX has a median modeled monthly cash flow of $-528 and a median cap rate of 3.8%, on a median sold price of $259,900. Prices changed -1.3% year over year.

What is the average cap rate in Harlingen, TX?

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

What is the median home price in Harlingen, TX?

The median sold price in Harlingen, TX is $259,900 (about $151 per square foot).

Investing in Harlingen, TX Real Estate

A data-driven snapshot of the Harlingen, 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.

$259,900Median sold price

$151Median $/sqft

3.8%Median cap rate

$-528Modeled cash flow / mo

-1.3%Appreciation YoY

31.1Months of supply

610Active listings

235Sold (last 12 mo)

What the Harlingen numbers say

In Harlingen, TX, the median home sold for $259,900 (about $151 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-528 of monthly cash flow. Sold prices moved -1.3% over the past year. Inventory sits at about 31.1 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 Harlingen cash-flowing listings

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