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

Watauga, TX has a median modeled monthly cash flow of $-409 and a median cap rate of 4.6%, on a median sold price of $285,000. Prices changed -1.2% year over year.

What is the average cap rate in Watauga, TX?

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

What is the median home price in Watauga, TX?

The median sold price in Watauga, TX is $285,000 (about $200 per square foot).

Investing in Watauga, TX Real Estate

A data-driven snapshot of the Watauga, 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.

$285,000Median sold price

$200Median $/sqft

4.6%Median cap rate

$-409Modeled cash flow / mo

-1.2%Appreciation YoY

5.6Months of supply

128Active listings

274Sold (last 12 mo)

What the Watauga numbers say

In Watauga, TX, the median home sold for $285,000 (about $200 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-409 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 5.6 months of supply. 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 Watauga cash-flowing listings

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