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

Reno, TX has a median modeled monthly cash flow of $-1,642 and a median cap rate of 2.0%, on a median sold price of $349,900. Prices changed +2.4% year over year.

What is the average cap rate in Reno, TX?

The median cap rate across recently sold homes in Reno, TX is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Reno, TX?

The median sold price in Reno, TX is $349,900 (about $194 per square foot).

Investing in Reno, TX Real Estate

A data-driven snapshot of the Reno, 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.

$349,900Median sold price

$194Median $/sqft

2.0%Median cap rate

$-1,642Modeled cash flow / mo

+2.4%Appreciation YoY

9.2Months of supply

128Active listings

167Sold (last 12 mo)

What the Reno numbers say

In Reno, TX, the median home sold for $349,900 (about $194 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,642 of monthly cash flow. Sold prices moved +2.4% over the past year. Inventory sits at about 9.2 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 Reno cash-flowing listings

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