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

McKinney, TX has a median modeled monthly cash flow of $-1,704 and a median cap rate of 2.6%, on a median sold price of $523,745. Prices changed -2.8% year over year.

What is the average cap rate in McKinney, TX?

The median cap rate across recently sold homes in McKinney, TX is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in McKinney, TX?

The median sold price in McKinney, TX is $523,745 (about $212 per square foot).

Investing in McKinney, TX Real Estate

A data-driven snapshot of the McKinney, 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.

$523,745Median sold price

$212Median $/sqft

2.6%Median cap rate

$-1,704Modeled cash flow / mo

-2.8%Appreciation YoY

16.1Months of supply

3,243Active listings

2,418Sold (last 12 mo)

What the McKinney numbers say

In McKinney, TX, the median home sold for $523,745 (about $212 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,704 of monthly cash flow. Sold prices moved -2.8% over the past year. Inventory sits at about 16.1 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 McKinney cash-flowing listings

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