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

Preston, TX has a median modeled monthly cash flow of $-952 and a median cap rate of 2.4%, on a median sold price of $212,500. Prices changed +1.5% year over year.

What is the average cap rate in Preston, TX?

The median cap rate across recently sold homes in Preston, TX is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Preston, TX?

The median sold price in Preston, TX is $212,500 (about $205 per square foot).

Investing in Preston, TX Real Estate

A data-driven snapshot of the Preston, 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.

$212,500Median sold price

$205Median $/sqft

2.4%Median cap rate

$-952Modeled cash flow / mo

+1.5%Appreciation YoY

18.4Months of supply

89Active listings

58Sold (last 12 mo)

What the Preston numbers say

In Preston, TX, the median home sold for $212,500 (about $205 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-952 of monthly cash flow. Sold prices moved +1.5% over the past year. Inventory sits at about 18.4 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 Preston cash-flowing listings

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