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

Penitas, TX has a median modeled monthly cash flow of $-606 and a median cap rate of 3.1%, on a median sold price of $199,900. Prices changed -17.3% year over year.

What is the average cap rate in Penitas, TX?

The median cap rate across recently sold homes in Penitas, TX is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Penitas, TX?

The median sold price in Penitas, TX is $199,900 (about $132 per square foot).

Investing in Penitas, TX Real Estate

A data-driven snapshot of the Penitas, 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.

$199,900Median sold price

$132Median $/sqft

3.1%Median cap rate

$-606Modeled cash flow / mo

-17.3%Appreciation YoY

13.4Months of supply

39Active listings

35Sold (last 12 mo)

What the Penitas numbers say

In Penitas, TX, the median home sold for $199,900 (about $132 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-606 of monthly cash flow. Sold prices moved -17.3% over the past year. Inventory sits at about 13.4 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 Penitas cash-flowing listings

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