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

Troy, TX has a median modeled monthly cash flow of $-528 and a median cap rate of 4.1%, on a median sold price of $240,490. Prices changed +1.5% year over year.

What is the average cap rate in Troy, TX?

The median cap rate across recently sold homes in Troy, TX is 4.1%, 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 $240,490 (about $166 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.

$240,490Median sold price

$166Median $/sqft

4.1%Median cap rate

$-528Modeled cash flow / mo

+1.5%Appreciation YoY

17.6Months of supply

107Active listings

73Sold (last 12 mo)

What the Troy numbers say

In Troy, TX, the median home sold for $240,490 (about $166 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-528 of monthly cash flow. Sold prices moved +1.5% over the past year. Inventory sits at about 17.6 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.