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

Roanoke, TX has a median modeled monthly cash flow of $-2,230 and a median cap rate of 2.6%, on a median sold price of $609,900. Prices changed -4.1% year over year.

What is the average cap rate in Roanoke, TX?

The median cap rate across recently sold homes in Roanoke, TX is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Roanoke, TX?

The median sold price in Roanoke, TX is $609,900 (about $223 per square foot).

Investing in Roanoke, TX Real Estate

A data-driven snapshot of the Roanoke, 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.

$609,900Median sold price

$223Median $/sqft

2.6%Median cap rate

$-2,230Modeled cash flow / mo

-4.1%Appreciation YoY

7.3Months of supply

84Active listings

139Sold (last 12 mo)

What the Roanoke numbers say

In Roanoke, TX, the median home sold for $609,900 (about $223 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-2,230 of monthly cash flow. Sold prices moved -4.1% over the past year. Inventory sits at about 7.3 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 Roanoke cash-flowing listings

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