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

Red Oak, TX has a median modeled monthly cash flow of $-832 and a median cap rate of 4.1%, on a median sold price of $385,000. Prices changed +0.6% year over year.

What is the average cap rate in Red Oak, TX?

The median cap rate across recently sold homes in Red Oak, TX is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Red Oak, TX?

The median sold price in Red Oak, TX is $385,000 (about $178 per square foot).

Investing in Red Oak, TX Real Estate

A data-driven snapshot of the Red Oak, 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.

$385,000Median sold price

$178Median $/sqft

4.1%Median cap rate

$-832Modeled cash flow / mo

+0.6%Appreciation YoY

12.8Months of supply

366Active listings

343Sold (last 12 mo)

What the Red Oak numbers say

In Red Oak, TX, the median home sold for $385,000 (about $178 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-832 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 12.8 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 3 fix-and-flip deals in Red Oak — listings where the estimated after-repair value beats list price + rehab.

Other Texas markets to compare

See Red Oak cash-flowing listings

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