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

Troy, TX has a median modeled monthly cash flow of $-403 and a median cap rate of 4.6%, on a median sold price of $252,400. Prices changed +4.7% year over year.

What is the average cap rate in Troy, TX?

The median cap rate across recently sold homes in Troy, TX is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Troy, TX?

The median sold price in Troy, TX is $252,400 (about $167 per square foot).

Investing in Troy, TX Real Estate

A data-driven snapshot of the Troy, 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.

$252,400Median sold price

$167Median $/sqft

4.6%Median cap rate

$-403Modeled cash flow / mo

+4.7%Appreciation YoY

18.8Months of supply

144Active listings

92Sold (last 12 mo)

What the Troy numbers say

In Troy, TX, the median home sold for $252,400 (about $167 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-403 of monthly cash flow. Sold prices moved +4.7% over the past year. Inventory sits at about 18.8 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.

Other Texas markets to compare

See Troy cash-flowing listings

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