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

Hempstead, TX has a median modeled monthly cash flow of $-1,504 and a median cap rate of 1.5%, on a median sold price of $269,500. Prices changed -5.7% year over year.

What is the average cap rate in Hempstead, TX?

The median cap rate across recently sold homes in Hempstead, TX is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hempstead, TX?

The median sold price in Hempstead, TX is $269,500 (about $175 per square foot).

Investing in Hempstead, TX Real Estate

A data-driven snapshot of the Hempstead, 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.

$269,500Median sold price

$175Median $/sqft

1.5%Median cap rate

$-1,504Modeled cash flow / mo

-5.7%Appreciation YoY

10.1Months of supply

156Active listings

185Sold (last 12 mo)

What the Hempstead numbers say

In Hempstead, TX, the median home sold for $269,500 (about $175 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,504 of monthly cash flow. Sold prices moved -5.7% over the past year. Inventory sits at about 10.1 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 Hempstead cash-flowing listings

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