Best Places to Buy Rental Property in Texas (2026)

Gross asking rental yields range from 7.9 percent in Crandall to 9.6 percent in Spring across the 20 Texas markets shown, a spread of 1.7 points. Compare purchase prices alongside property expenses and rental demand rather than treating the highest ratio as a recommendation. Baytown is close behind at 9.4 percent. Abilene, the busiest market on the list with about 174 closings a month, sits sixth of 20 at 8.8 percent. Measured against the whole state, these are cheap markets: a median of $283,950 here against $344,900 statewide. The table shows the 20 highest-yielding markets among 148 Texas cities meeting the coverage requirements; the yield range above describes the markets shown.

The ranking

Gross yield here is an asking rental yield screen: twelve times the median asking rent over the median closed price, before taxes, insurance, vacancy, management or repairs. Sales use municipal boundaries. Rental listings use the associated city name and may cover a wider postal area. The ratio therefore compares related, but not perfectly matched, market samples, and a home bought at the median price does not necessarily earn the median rent. Confirmed-close medians appear where at least 30 confirmed lease closes were recorded in the window.

City by city

1. Spring, 9.6 percent gross

Homes in Spring closed at a median of $249,999 over the last six months and the median asking rent in the last twelve months was $2,000, a gross yield of 9.6 percent. Houses there closed at about $134 per square foot. The Spring market page carries the monthly figures.

2. Baytown, 9.4 percent gross

Homes in Baytown closed at a median of $249,900 over the last six months and the median asking rent in the last twelve months was $1,950, a gross yield of 9.4 percent. Full detail is on the Baytown market page.

3. Aubrey, 9.0 percent gross

Rent is what puts Aubrey third here; on price alone it would sit fifteenth of 20. The numbers: $305,824 median closed price across 159 closings, $2,300 median asking rent across 1,682 listings, 9.0 percent gross. Full detail is on the Aubrey market page.

4. Mesquite, 9.0 percent gross

Rent is what puts Mesquite fourth here; on price alone it would sit ninth of 20. Homes in Mesquite closed at a median of $279,999 over the last six months and the median asking rent in the last twelve months was $2,100, a gross yield of 9.0 percent. Houses there closed at about $162 per square foot. The Mesquite market page carries the monthly figures.

5. Lancaster, 9.0 percent gross

Rent is what puts Lancaster fifth here; on price alone it would sit tenth of 20. The numbers: $280,000 median closed price across 290 closings, $2,099 median asking rent across 759 listings, 9.0 percent gross. The Lancaster market page carries the monthly figures.

6. Abilene, 8.8 percent gross

Abilene ranks sixth on yield but only eleventh on entry price: the $2,113 median asking rent is doing the work, not a cheap purchase. The numbers: $287,900 median closed price across 1,043 closings, $2,113 median asking rent across 2,160 listings, 8.8 percent gross. The Abilene market page carries the monthly figures.

7. Seagoville, 8.5 percent gross

Rent is what puts Seagoville seventh here; on price alone it would sit seventeenth of 20. The numbers: $315,000 median closed price across 217 closings, $2,232 median asking rent across 186 listings, 8.5 percent gross. Houses there closed at about $155 per square foot. The Seagoville market page carries the monthly figures.

8. Converse, 8.3 percent gross

A low entry price does not carry Converse far: it is fourth cheapest on this list and eighth on yield, with rent of $1,730 against a $249,999 median price. Homes in Converse closed at a median of $249,999 over the last six months and the median asking rent in the last twelve months was $1,730, a gross yield of 8.3 percent. Houses there closed at about $131 per square foot. Full detail is on the Converse market page.

9. Watauga, 8.3 percent gross

The numbers: $290,000 median closed price across 160 closings, $2,000 median asking rent across 369 listings, 8.3 percent gross. The Watauga market page carries the monthly figures.

10. Brownsville, 8.2 percent gross

Brownsville is cheaper than its yield rank suggests: second on price, tenth on yield, because a $249,000 home there rents for only $1,700. At $249,000 to buy and $1,700 a month to rent, Brownsville yields 8.2 percent gross on 446 tracked closings. Houses there closed at about $159 per square foot. Full detail is on the Brownsville market page.

11. Denison, 8.2 percent gross

Denison is cheaper than its yield rank suggests: first on price, eleventh on yield, because a $219,000 home there rents for only $1,495. At $219,000 to buy and $1,495 a month to rent, Denison yields 8.2 percent gross on 201 tracked closings. The Denison market page carries the monthly figures.

12. Crowley, 8.2 percent gross

Crowley ranks twelfth on yield but only sixteenth on entry price: the $2,149 median asking rent is doing the work, not a cheap purchase. The numbers: $314,995 median closed price across 232 closings, $2,149 median asking rent across 965 listings, 8.2 percent gross. Houses there closed at about $166 per square foot. The Crowley market page carries the monthly figures.

13. Marion, 8.1 percent gross

Marion is cheaper than its yield rank suggests: sixth on price, thirteenth on yield, because a $264,999 home there rents for only $1,795. At $264,999 to buy and $1,795 a month to rent, Marion yields 8.1 percent gross on 183 tracked closings. Houses there closed at about $139 per square foot. See the Marion page for the property mix and the price band.

14. Lavon, 8.1 percent gross

Rent is what puts Lavon fourteenth here; on price alone it would sit nineteenth of 20. At $339,990 to buy and $2,299 a month to rent, Lavon yields 8.1 percent gross on 362 tracked closings. Houses there closed at about $162 per square foot. See the Lavon page for the property mix and the price band.

15. Royse City, 8.0 percent gross

Homes in Royse City closed at a median of $329,000 over the last six months and the median asking rent in the last twelve months was $2,195, a gross yield of 8.0 percent. Houses there closed at about $156 per square foot. The Royse City market page carries the monthly figures.

16. Garland, 8.0 percent gross

At $299,990 to buy and $2,000 a month to rent, Garland yields 8.0 percent gross on 943 tracked closings. See the Garland page for the property mix and the price band.

17. Ennis, 8.0 percent gross

A low entry price does not carry Ennis far: it is seventh cheapest on this list and seventeenth on yield, with rent of $1,800 against a $269,994 median price. Homes in Ennis closed at a median of $269,994 over the last six months and the median asking rent in the last twelve months was $1,800, a gross yield of 8.0 percent. See the Ennis page for the property mix and the price band.

18. Godley, 8.0 percent gross

Only 88 rental listings sit behind Godley's $2,385 median; the yield is real but less settled than in cities with hundreds. Homes in Godley closed at a median of $359,995 over the last twelve months and the median asking rent in the last twelve months was $2,385, a gross yield of 8.0 percent. Houses there closed at about $169 per square foot. Full detail is on the Godley market page.

19. Kyle, 7.9 percent gross

Kyle is cheaper than its yield rank suggests: thirteenth on price, nineteenth on yield, because a $299,960 home there rents for only $1,975. The numbers: $299,960 median closed price across 175 closings, $1,975 median asking rent across 1,942 listings, 7.9 percent gross. Houses there closed at about $165 per square foot. See the Kyle page for the property mix and the price band.

20. Crandall, 7.9 percent gross

A low entry price does not carry Crandall far: it is eighth cheapest on this list and twentieth on yield, with rent of $1,840 against a $279,990 median price. At $279,990 to buy and $1,840 a month to rent, Crandall yields 7.9 percent gross on 157 tracked closings. Houses there closed at about $150 per square foot. The Crandall market page carries the monthly figures.

How this ranking is built

• •Cities: every Texas city where Resideline tracked at least 100 closings inside the municipal boundary in its reporting window (six or twelve months) and at least 50 rental listings under the city's name since October 3, 2025: 148 cities qualify and the table shows the 20 highest-yielding.
• •Prices: the median price homes closed at inside the city limits, from Resideline's tracked closings; the state comparison uses the statewide median of $344,900 across 120,928 closings.
• •Rents: the median advertised rent on rental listings Resideline tracked in the last twelve months, all property types, measured on the listings that carry the city's name (a postal footprint, wider than the city line in some places).
• •Confirmed-close medians: Observed rent blends two kinds of record: confirmed lease closes extracted from property records, and the final asking rent on listings that left Resideline tracking without a recorded close. Where a city has at least 30 confirmed closes in the window, their median is printed beside the asking figure; in the last twelve months about a quarter of Resideline's close episodes are confirmed closes. The asking and confirmed-close samples are separate, not paired, so a difference between their medians is not a measured gap on the same listings.
• •What is missing: taxes, insurance, vacancy, management and repairs, which turn a gross yield into a net one, and the unit mix, which differs between what sells and what rents.

Sources and related pages

• •Resideline tracked closings inside city limits (window per city, updated October 4, 2026) and rental listings since October 3, 2025; confirmed lease closes extracted from property records.
• •More Texas rankings: Cheapest cities to buy a house in Texas ranks the same kind of list with each city's price per square foot for houses, realized appreciation and days to contract beside the median, and Cap Rate by City ranks the Texas cities Resideline tracks by gross rental yield. The Texas housing market hub carries the statewide figures and the largest Texas markets by closings.
• •Asking rent vs observed rent compares live asking rents with final asking rents under that study's own definition; it says nothing about confirmed lease closes.

Prepared with Resideline's research pipeline and reviewed by Jeffrey Batista, Resideline's founder.