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

Wichita Falls, TX has a median modeled monthly cash flow of $-307 and a median cap rate of 4.5%, on a median sold price of $157,900. Prices changed -10.9% year over year.

What is the average cap rate in Wichita Falls, TX?

The median cap rate across recently sold homes in Wichita Falls, TX is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wichita Falls, TX?

The median sold price in Wichita Falls, TX is $157,900 (about $115 per square foot).

Investing in Wichita Falls, TX Real Estate

A data-driven snapshot of the Wichita Falls, 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.

$157,900Median sold price

$115Median $/sqft

4.5%Median cap rate

$-307Modeled cash flow / mo

-10.9%Appreciation YoY

106.7Months of supply

951Active listings

107Sold (last 12 mo)

What the Wichita Falls numbers say

In Wichita Falls, TX, the median home sold for $157,900 (about $115 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-307 of monthly cash flow. Sold prices moved -10.9% over the past year. Inventory sits at about 106.7 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.

🔨 See 10 fix-and-flip deals in Wichita Falls — listings where the estimated after-repair value beats list price + rehab.

Other Texas markets to compare

See Wichita Falls cash-flowing listings

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