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

Westlake, TX has a median modeled monthly cash flow of $-23,723 and a median cap rate of -0.8%, on a median sold price of $4,599,999. Prices changed +16.2% year over year.

What is the average cap rate in Westlake, TX?

The median cap rate across recently sold homes in Westlake, TX is -0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Westlake, TX?

The median sold price in Westlake, TX is $4,599,999 (about $809 per square foot).

Investing in Westlake, TX Real Estate

A data-driven snapshot of the Westlake, 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.

$4,599,999Median sold price

$809Median $/sqft

-0.8%Median cap rate

$-23,723Modeled cash flow / mo

+16.2%Appreciation YoY

23.7Months of supply

69Active listings

35Sold (last 12 mo)

What the Westlake numbers say

In Westlake, TX, the median home sold for $4,599,999 (about $809 per square foot), and the typical deal models out to a -0.8% cap rate with a median $-23,723 of monthly cash flow. Sold prices moved +16.2% over the past year. Inventory sits at about 23.7 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 Westlake cash-flowing listings

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