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

New Waverly, TX has a median modeled monthly cash flow of $-1,908 and a median cap rate of 1.7%, on a median sold price of $317,990. Prices changed -5.7% year over year.

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

The median cap rate across recently sold homes in New Waverly, TX is 1.7%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in New Waverly, TX is $317,990 (about $199 per square foot).

Investing in New Waverly, TX Real Estate

A data-driven snapshot of the New Waverly, 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.

$317,990Median sold price

$199Median $/sqft

1.7%Median cap rate

$-1,908Modeled cash flow / mo

-5.7%Appreciation YoY

15.3Months of supply

125Active listings

98Sold (last 12 mo)

What the New Waverly numbers say

In New Waverly, TX, the median home sold for $317,990 (about $199 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,908 of monthly cash flow. Sold prices moved -5.7% over the past year. Inventory sits at about 15.3 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 New Waverly cash-flowing listings

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