Best Places to Buy Rental Property in Texas (2026)

There is no honest way to rank Texas cities by rental return without rent data, and this page does not have it. What it does have is transaction evidence: the median price homes actually closed at inside each city's limits, and how many closings happened. That answers the two questions that come before any cash flow analysis, what it costs to get in and whether you can get back out.

What this page measures, and what it does not

Every city below cleared at least 100 closings in its reporting window, which filters out markets too thin to read. They are ranked cheapest first by median closed price, from $199,000 to $254,900. You will not find rent estimates, rent-to-price ratios, cap rates, cash-on-cash projections or gross yield rankings here. Resideline does not have verified rent data for these cities, so publishing those numbers would be invention rather than analysis. Entry price and transaction volume are what the data supports. Every figure describes closings inside the city limits, not the wider postal area that shares the city's name. The two can differ a lot: a postal area usually reaches into surrounding townships, which pulls the median toward whatever those townships are worth. Texas's statewide median closed price is $345,000 across 123,048 tracked closings.

The rankings

1. Paris, $199,000, 255 closings

At $199,000 the entry price is about 58 percent of the Texas median. Resideline tracked 255 closings there over the last last 12 months, roughly 21 a month. About 98 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Paris market page.

2. Denison, $208,000, 210 closings

At $208,000 the entry price is about 60 percent of the Texas median. Resideline tracked 210 closings there over the last last six months, roughly 35 a month. About 95 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Denison market page.

3. Pharr, $215,000, 167 closings

At $215,000 the entry price is about 62 percent of the Texas median. Resideline tracked 167 closings there over the last last six months, roughly 28 a month. About 83 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Pharr market page.

4. Killeen, $235,900, 873 closings

At $235,900 the entry price is about 68 percent of the Texas median. Resideline tracked 873 closings there over the last last six months, roughly 146 a month. About 90 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Killeen market page.

5. Harlingen, $239,999, 293 closings

At $239,999 the entry price is about 70 percent of the Texas median. Resideline tracked 293 closings there over the last last six months, roughly 49 a month. About 93 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Harlingen market page.

6. Victoria, $243,500, 326 closings

At $243,500 the entry price is about 71 percent of the Texas median. Resideline tracked 326 closings there over the last last six months, roughly 54 a month. About 96 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Victoria market page.

7. Weslaco, $245,500, 274 closings

At $245,500 the entry price is about 71 percent of the Texas median. Resideline tracked 274 closings there over the last last 12 months, roughly 23 a month. About 84 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Weslaco market page.

8. Lubbock, $246,500, 2,542 closings

At $246,500 the entry price is about 71 percent of the Texas median. Resideline tracked 2,542 closings there over the last last six months, roughly 424 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Lubbock market page.

9. Corsicana, $246,950, 242 closings

At $246,950 the entry price is about 72 percent of the Texas median. Resideline tracked 242 closings there over the last last 12 months, roughly 20 a month. About 98 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Corsicana market page.

10. Brownsville, $249,999, 460 closings

At $249,999 the entry price is about 72 percent of the Texas median. Resideline tracked 460 closings there over the last last six months, roughly 77 a month. About 88 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Brownsville market page.

11. Laredo, $250,000, 533 closings

At $250,000 the entry price is about 72 percent of the Texas median. Resideline tracked 533 closings there over the last last six months, roughly 89 a month. About 86 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Laredo market page.

12. San Angelo, $250,000, 765 closings

At $250,000 the entry price is about 72 percent of the Texas median. Resideline tracked 765 closings there over the last last six months, roughly 128 a month. About 97 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the San Angelo market page.

13. Converse, $250,000, 201 closings

At $250,000 the entry price is about 72 percent of the Texas median. Resideline tracked 201 closings there over the last last six months, roughly 34 a month. About 98 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Converse market page.

14. Waco, $250,000, 646 closings

At $250,000 the entry price is about 72 percent of the Texas median. Resideline tracked 646 closings there over the last last six months, roughly 108 a month. About 91 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Waco market page.

15. Greenville, $254,900, 271 closings

At $254,900 the entry price is about 74 percent of the Texas median. Resideline tracked 271 closings there over the last last six months, roughly 45 a month. About 97 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Greenville market page.

How to use this list

Treat it as a shortlist, not an answer. A citywide median cannot price a specific address: property type, size, condition and location move a number far more than the city line does. Run any address on this list through Resideline for the comparable set behind its value.

Figures last updated August 23, 2026 from closings Resideline tracked.