Investing in Missouri City, TX

Rents, prices, taxes and cash flow for Missouri City rental property, from 1,414 home sales and 875 house leases on HAR MLS. Updated October 2026.

Is Missouri City, TX a good place to buy a rental property in 2026?

At typical prices a financed rental in Missouri City does not cash flow right now. An entry-level 3-bed house ($235,000, the 25th-percentile sale) rents for about $1,895 a month, a 9.7% gross yield and a 0.91 lender DSCR. With an 80% DSCR loan, estimated cash flow is −$684 a month after the loan, taxes, insurance, vacancy, management and repairs. A 1.25 DSCR, what most DSCR lenders want, needs a purchase at or under $168,263; 5% of last year's 3-bed sales closed that low on the MLS. That is why investors here buy below market: off-market, distressed or needing work.

Missouri City investor market report

The same sections as our monthly Investor Market Update, for Missouri City: resale houses closed 2025-10-18 to 2026-10-18, HAR MLS.

Median sale price · 12 mo
$375,000 ■ flat
Last 3 months $377K · 1,052 resales
Price per sq ft · 12 mo
$148 ▼ 2.9%
Median 2,650 sq ft · built 2002
Days on market · 12 mo
27 days ▲ 6 days
CDOM 50 · 98.0% of list · 77% below original ask
Cash buy target · 12 mo
$230,000 ▼ 6.1%
Median fixer-upper sale (66) · 29% below updated $/sq ft · cash sales $345K
Seller concessions · 12 mo
44% ▲ 3 pts
of sales · median $7,500 (2.1%)
Median rent, houses · 12 mo
$2,389 ■ flat
878 leases · $1.08/sq ft · 3-bed $2,100
2024-102026-10$383K
Median resale price by month, 24 months (gray = the year before).

▲▼ = change vs the 12 months before (2024-10-18 to 2025-10-18). Resale single-family houses, new construction excluded.

Balanced5.9 months of inventory

696 single-family homes active, 132 pending, against 119 closings a month (new builds included). Under 4 months favors sellers, over 6 favors buyers.

Investor math · entry-level 3-bed house (25th-percentile price) · DSCR loan 80% LTV at 7.875%
Entry price
$235K
median $275K ▼ 4.1%
Rent / mo
$1,895
median $2,100 ▲ 5.3%
Rent per $100K
$806
1% rule = $1,000
Gross yield
9.7%
rent × 12 ÷ price
Principal & interest $1,363Property tax $467Insurance $176HOA $79Vacancy $152Management $152Repairs $95Capex reserve $95
Lender DSCR · Limited
0.91
rent ÷ loan payment, tax, insurance, HOA
Cash flow / mo
−$684
-15.2% cash-on-cash · 25% down −$598
Cap rate
3.5%
all-cash, after every cost
Prices that work
Lender DSCR 1.25≤ $168K5% of 3-bed sales
Lender DSCR 1.00≤ $213K14% of 3-bed sales
$0 cash flow≤ $155K2% of 3-bed sales

Loan: DSCR 30-yr fixed quote from Blink Lending (2026-10-14), 80% of price, 30 years; cash in = down payment + 3% closing costs ($54,050). Tax at the city's median MLS tax rate, insurance 0.9% of price a year, HOA where most homes have one, and vacancy 8%, management 8%, repairs 5%, capex reserve 5% of rent. An estimate, not a promise.

Risk and carrying costs
In 100-year flood zone
0% of resale homes sold
Flood claims, 10 years
1,078 FEMA NFIP, city ZIP codes
Property tax rate
2.39% median on MLS, incl. MUD/PID
HOA
$950/yr 97% of homes · check lease rules
Insurance (estimate)
0.9% of value ≈ $176/mo
Cash buyers
21% of 158 sales reporting terms
Days to lease
26 days ▼ 11 days
Rental supply
2.9 mo 244 for lease now
Our take on Missouri City
  • Prices down 0.0% vs last year, days on market +6. Balanced at 5.9 months. 77% of sellers ended below their original price, so there is room to negotiate on stale listings.
  • An entry-level 3-bed house ($235K, ~$1,895/mo) is a 0.91 lender DSCR. A 1.25 needs a buy at or under $168K, and 5% of last year's 3-bed sales closed there.

Rates: 30-year fixed average 7.40% (2026-10-15), 6.27% a year earlier; 15-year 6.71% (Freddie Mac via FRED). Investor DSCR loan quote 7.875% (Blink Lending, 2026-10-14).

The math works below market. That is where our deals are.

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Missouri City ZIP codes compared

3-bedroom resales and 3-bedroom house leases by ZIP code, last 12 months. Flood claims are FEMA flood insurance claims in the last 10 years.

ZIPMedian priceMedian rentGross yieldSalesLeasesFlood claims (10 yr)
77459$316,000$2,2508.5%221237540
77489$240,000$1,8959.5%101116134

Missouri City subdivisions with the most rental activity

Subdivisions with at least 6 sales and 6 house leases in the last 12 months. All home sizes, so compare like with like before you offer.

SubdivisionMedian priceMedian rentGross yieldSalesLeases
Sienna$518,000$2,9006.7%12860
Sienna Plantation$475,000$2,7006.8%3313
Sienna Village Of Shipmans Landing$400,000$2,4007.2%269
Quail Valley$330,000$1,9006.9%216
Parks Edge$355,000$2,6008.8%1112
Quail Valley East Sec 5$262,000$1,9008.7%1111
Hunters Green$240,000$1,9009.5%813
Quail Green West Sec 1$244,500$1,7758.7%713
Thunderbird North$187,000$1,87512.0%126
Quail Valley East Sec 4$187,000$1,95012.5%610

Missouri City investor questions

How much does a house rent for in Missouri City, TX?
The median house in Missouri City leased for $2,375 a month over the last 12 months (875 leases on HAR MLS). 3-bedroom houses: $2,095; 4-bedroom: $2,550. The median rental leased in 26 days.
What do homes sell for in Missouri City, TX?
1,414 single-family homes sold in Missouri City over the last 12 months. The median price was $390,000 ($372,500 for resales, excluding new construction) at $160 per square foot, down 2.1% from the year before. Homes sold in a median 34 days at 97.7% of list price. New construction was 26% of sales.
What are property taxes in Missouri City, TX?
The median total tax rate on homes sold in Missouri City was 2.46% of assessed value (all taxing units combined, MLS tax records). On a $275,000 rental that is about $6,765 a year. Rentals get no homestead exemption. 98% of homes sold carry an HOA (median $1,307 a year).
Is Missouri City a buyer's or seller's market right now?
686 single-family homes are for sale in Missouri City against about 118 sales a month, 5.8 months of supply. Under 4 months usually favors sellers, over 6 favors buyers. 0 houses are listed for rent.
Which ZIP code in Missouri City has the best rent-to-price?
77489: 3-bedroom resales sold for a median $240,000 and rented for $1,895, a 9.5% gross yield. ZIP-by-ZIP numbers are in the table on this page.
Does Missouri City flood?
FEMA flood insurance claims in the last 10 years: 77459: 540, 77489: 134. Risk varies street by street, so check the FEMA flood zone and the seller's disclosure for every property before you buy.

Compare other Houston areas

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Also for Missouri City: what homes sell for · buying a home.

Sources: HAR MLS closed sales and leases (single-family houses); Freddie Mac 30-year average rate via FRED; FEMA National Flood Insurance Program claims (OpenFEMA). Data as of 2026-10-20. Medians of single-family homes and house leases in the Missouri City postal city (Fort Bend County). Based on information from the Houston Association of REALTORS® MLS; not guaranteed accurate. Nothing here is a guarantee of returns. Verify every number with your own due diligence.

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