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

Roanoke, TX has a median modeled monthly cash flow of $-2,386 and a median cap rate of 2.3%, on a median sold price of $612,500. Prices changed -3.9% year over year.

What is the average cap rate in Roanoke, TX?

The median cap rate across recently sold homes in Roanoke, TX is 2.3%, 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 $612,500 (about $224 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.

$612,500Median sold price

$224Median $/sqft

2.3%Median cap rate

$-2,386Modeled cash flow / mo

-3.9%Appreciation YoY

8.3Months of supply

102Active listings

148Sold (last 12 mo)

What the Roanoke numbers say

In Roanoke, TX, the median home sold for $612,500 (about $224 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-2,386 of monthly cash flow. Sold prices moved -3.9% over the past year. Inventory sits at about 8.3 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.