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

New Caney, TX has a median modeled monthly cash flow of $-400 and a median cap rate of 4.5%, on a median sold price of $272,990. Prices changed -5.0% year over year.

What is the average cap rate in New Caney, TX?

The median cap rate across recently sold homes in New Caney, TX is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Caney, TX?

The median sold price in New Caney, TX is $272,990 (about $152 per square foot).

Investing in New Caney, TX Real Estate

A data-driven snapshot of the New Caney, 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.

$272,990Median sold price

$152Median $/sqft

4.5%Median cap rate

$-400Modeled cash flow / mo

-5.0%Appreciation YoY

10.5Months of supply

815Active listings

935Sold (last 12 mo)

What the New Caney numbers say

In New Caney, TX, the median home sold for $272,990 (about $152 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-400 of monthly cash flow. Sold prices moved -5.0% over the past year. Inventory sits at about 10.5 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.

🔨 See 49 fix-and-flip deals in New Caney — listings where the estimated after-repair value beats list price + rehab.

Other Texas markets to compare

See New Caney cash-flowing listings

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