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

Palestine, TX has a median modeled monthly cash flow of $-514 and a median cap rate of 3.8%, on a median sold price of $249,000. Prices changed -0.7% year over year.

What is the average cap rate in Palestine, TX?

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

What is the median home price in Palestine, TX?

The median sold price in Palestine, TX is $249,000 (about $137 per square foot).

Investing in Palestine, TX Real Estate

A data-driven snapshot of the Palestine, 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.

$249,000Median sold price

$137Median $/sqft

3.8%Median cap rate

$-514Modeled cash flow / mo

-0.7%Appreciation YoY

39.8Months of supply

315Active listings

95Sold (last 12 mo)

What the Palestine numbers say

In Palestine, TX, the median home sold for $249,000 (about $137 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-514 of monthly cash flow. Sold prices moved -0.7% over the past year. Inventory sits at about 39.8 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 5 fix-and-flip deals in Palestine — listings where the estimated after-repair value beats list price + rehab.

Other Texas markets to compare

See Palestine cash-flowing listings

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