Where to Buy a Rental Property

Hi friend! I am so excited you found our little corner of the Interwebs. Have you been thinking about investing in Texas? Are you curious where to buy a rental property in the Houston suburbs? Well today I would love to be your resource in helping you make that decision if considering Houston, Texas and its surrounding cities and suburbs. I will be sharing with you what I think are the best places to invest in the single-family real estate market.

➟ How do property taxes work in Texas :: http://byjoandco.com/propertytaxesintexas
➟ How to move to Texas :: https://search.byjoandco.com/blog/how-to-move-to-texas/

Where to buy a (single family) rental property..

'Location location location', isn't just something one should make a top priority when purchasing a home for oneself, but also insanely important when looking for a potential rental property. I think the number one thing that drives a good location, is its proximity to the rest of the community, and what schools are zoned to that home. Below I am going to list my favorite neighborhoods to consider when purchasing a home in the north Houston suburbs.

Homes 2000s and newer:

  • Ashford Grove, Tomball, Texas: 2.85% tax rate
  • Ashford Place, Tomball, Texas: 2.85% tax rate
  • Bella Sera, Spring, Texas: 2.69% tax rate
  • Bridgestone Lakes, Spring, Texas: 2.74% tax rate
  • Champion Forest, Spring, Texas: 2.55% tax rate
  • Creekside Place, Tomball, Texas: 2.97% tax rate
  • Crossbend Village, Houston, Texas: 2.44% tax rate
  • Cypress Point Lake Estates, Cypress, Texas: 2.81% tax rate
  • Ferndale Estates, Houston, Texas: 2.23% tax rate
  • Forest Village, Spring, Texas: 2.94% tax rate (Oak Ridge High School, close to The Woodlands)
  • Louetta Park, Spring, Texas: 2.64% tax rate (newer homes, 2015)
  • Memorial Creek, Spring, Texas: 2.62% tax rate (Klein Cain High School)
  • Memorial Springs, Spring, Texas: 2.62% tax rate (Klein Cain High School)
  • Northcrest Village, Spring, Texas: 2.74% tax rate (Klein Oak High School)
  • Northern Point & Northpointe East, Tomball, Texas: 2.85% tax rate (Klein Cain High School)
  • Pinecrest Forest, Tomball, Texas: 2.85% tax rate (Klein Cain High School)
  • Rayford Ridge, Spring, Texas: 2.24% tax rate (Oak Ridge High School, close to The Woodlands)
  • Spring Terrace, Spring, Texas: 2.69% tax rate
  • Springbrook, Spring, Texas: 2.69% tax rate (Klein Oak High School)
  • Sugarberry Place, Tomball, Texas: 2.17% tax rate (Klein Cain High School)
  • White Oak Falls, Cypress, Texas: 2.61% tax rate (Cypress Falls High School)
  • Wortham Landing, Cypress (Houston), Texas: 2.44% tax rate (Cy-Fair High School)

Homes built prior to 2000:

  • Bridgestone West, Spring, Texas: 2.69% tax rate (Klein High School)
  • Champion Forest, Spring, Texas: 2.46% tax rate (Klein High School)
  • Colony Creek Village, Spring, Texas: 2.43% tax rate (Klein Cain High School)
  • Glenloch, Spring, Texas: 2.62% tax rate (Klein Cain High School)
  • Harvest Bend, Houston, Texas: 2.65% tax rate (Cypress Ridge High School)
  • Hunterwood Forest, Houston, Texas: 2.60% tax rate (Cypress Creek High School)
  • Huntwick Forest, Houston, Texas: 2.48% tax rate (Cypress Creek High School)
  • Imperial Oaks, Spring, Texas: 2.58% tax rate (Oak Ridge High School)
  • Kleinwood, Spring, Texas: 2.56 tax rate (Klein High School)
  • Lakewood Crossing, Lakewood Forest, Lakewood Glen, Lakewood Park, Houston/Cypress/Tomball Area: 2.48-2.7% tax rate (Cypress Creek High School)
  • Memorial Chase, Spring, Texas: 2.62% tax rate (Klein Cain High School)
  • Memorial Northwest, Spring, Texas: 2.42% tax rate (Klein High School)
  • Mill Ridge North, Cypress, Texas: 2.64% tax rate (Cypress Creek High School)
  • Oakwood Glen, Spring, Texas: 2.62% tax rate (Klein High School)
  • Prestonwood Forest, Houston, Texas: 2.62 tax rate (Cypress Creek High School)
  • Ravensway, Cypress, Texas: 2.7% tax rate (Cy-Fair High School)
  • Spring Creek Forest, Spring, Texas: 2.64% tax rate (Klein High School)
  • Steeplechase, Houston, Texas: 2.65% tax rate (Cypress Ridge High School)

Key factors for locating a good property:

  • Potential rental lease price / Leased price per square foot is over $1 a square foot
  • Property has a recently replaced roof and/or air conditioning unit. Property has no foundation, a/c, or roof issues.
  • Property is zoned to an award winning high school or elementary school. I focus on A and B rated schools.
  • Low tax rate or low tax assessed value.
  • Little to no carpet. Carpet in the bedrooms is okay!
  • Homes with granite counter tops and existing appliances are smart buys.
  • Avoid flooded homes, and ones within the 100-year flood plain.

If trying to pick between two homes:

How to pick one over the other..

  • A rated schools before B or C rated schools
  • Newer home over older home
  • Newer roof or newer a/c over older
  • 4 bedrooms over 3 bedrooms
  • Larger square footage over small square footage (usually)
  • Nicer backyard over plain backyard
  • Back patio over no back patio
  • Higher potential rent over lower potential rent
  • Lower tax rate over higher tax rate
  • Lower HOA fee over higher HOA fee

If you are looking for some possible rental options, I have included a list/search, at the bottom of this page. You can manipulate this list, by adjusting price point or bedroom count. Our website is "IDX" driven, and what that means is that it is connected directly to the local home search database, and is very accurate and up to date. If you would like to sign up for automatic e-alerts, please click this button to sign up. 

How to work with us?

Hi there. Jordan Schilleci here (aka "Jo"), of Jo & Co. Realty Group. Beginning in late 2019, and more seriously in mid 2020, we began creating a niche by working not only with clients relocating from out of state, but investors looking to purchase in the Houston Suburbs. And most of these investors aren't your average "investor". They are first-time, and second-time investors. Ones that still have lots of questions. And we have excitedly held their hand (a little bit), as well as paired them up with a trustworthy lender, to help make their "Investing in Texas" aka "Investing in their future" purchase.

If you too are looking to invest in Texas, we would be so excited to work with you. I keep saying "we", and that is usually me, with some behind-the-scenes  assistance from my husband, who is also a licensed REALTOR® here in Texas. We are four time home purchasers and currently have 3 investment properties in our portfolio here in the outskirts of Houston.

If you are looking for the next step, that would be to reach out to us. You can schedule a call with me by click this link: http://byjoandco.com/call or just send us an email: [email protected]. If you are super serious, you are also welcome to text. Do keep in mind we are in the central time zone, but most of our clients are on the east and west coasts, so we try to be flexible. 

Relocating to the Houston Suburbs?

If you stumbled upon this page, and you are looking to relocate to the area, we would love to meet you, and hear your story. Below you will find all of my contact information, as well as some homes for sale in the area. We truly look forward to hearing from you! P.S. Don't forget to check out our one-of-a-kind YouTube Channel!

There are some amazing communities all over the Houston suburbs. In this post, https://search.byjoandco.com/blog/best-neighborhoods-in-houston/, I deep dive into all the different suburbs/neighborhoods that you might want to consider, and why. There are many resources here, so please reach out if you are curious what to look at next! :)

Links to check out..

➟ Our YouTube Channel :: http://byjoandco.com/youtube
➟ How do property taxes work in Texas? :: http://byjoandco.com/propertytaxesintexas
➟ Things to do in The Woodlands :: http://byjoandco.com/inthewoodlands
➟ Safest Neighborhoods in Houston :: http://byjoandco.com/safesthouston
➟ Best Neighborhoods in Houston :: http://byjoandco.com/bestneighborhoods
➟ Houston Texas Where to Live :: http://byjoandco.com/houstontexaswheretolive

Thank you so much for trusting us.

- Jordan Marie Schilleci, REALTOR® & Owner, Jo & Co. Realty Group

What next?!

here for you at jo and co

Rental Property Options in North Houston

129 Properties
Page 1 of 11
$269,900
Subdivision: Shenandoah
4
Beds
2
Baths
2,154
Sq.Ft.
1972
Year Built
1
Day on Site
47358787
MLS
Completely remodeled tastefully/elegantly. Remodeled kitchen cabinets/granite, Huge Master Bath with Travertine/Marble, Separate Shower/Frameless Glass Shower Door, His & Her Walk-in Closets,...
$290,000
Subdivision: Wdlnds Village Cochrans Cr 10
4
Beds
2
Baths
1,975
Sq.Ft.
1988
Year Built
2
Days on Site
83184451
MLS
Come check out this beautifully maintained home in the highly sought after Woodlands community of Cochrane's Crossing. Just minutes away from all the shopping and entertainment The Woodlands has to...
$294,290
Subdivision: Telge Ranch
3
Beds
2
Baths
1,776
Sq.Ft.
2021
Year Built
2
Days on Site
32410867
MLS
No description available...
Open 1/23
19718 Ringwald Ct Spring, TX 77379
$279,900
Subdivision: Gleannloch Farms Sec 23
4
Beds
2F11/2
Baths
2,472
Sq.Ft.
2003
Year Built
2
Days on Site
94594611
MLS
Delightful 2 story home on cul-de-sac street, dual driveway, gorgeous front elevation. Inviting front covered porch, leads to tiled entry. Hardwoods in study & living room w/fireplace. Kitchen has...
$270,000
Subdivision: Oakcrest North
4
Beds
2
Baths
2,095
Sq.Ft.
2014
Year Built
2
Days on Site
39405862
MLS
Welcome home to this beautiful one story situated on a quiet cul-de-sac street. Features include a stone & brick facade, covered front porch, open concept design, high ceilings, 4 bedrooms & a...
$265,000
Subdivision: Gleannloch Farms
4
Beds
2
Baths
2,207
Sq.Ft.
2006
Year Built
2
Days on Site
39775353
MLS
Delightful single story located in popular Gleannloch Farms. Charming updated front door opens to entry with upgraded laminate flooring throughout the living spaces. French doors to the study, a must...
$284,500
Subdivision: Oakcrest North
3
Beds
3F11/2
Baths
2,508
Sq.Ft.
2016
Year Built
2
Days on Site
62961470
MLS
Welcome to the charming community of Oakcrest North. This "Radford" plan by Lennar Homes features a full-brick exterior with an open and exciting interior layout. This home boasts 3 bedrooms, 3.5...
$215,000
Subdivision: Canyon Gate At Legends Ranch
3
Beds
2F11/2
Baths
1,828
Sq.Ft.
2006
Year Built
2
Days on Site
14204139
MLS
Welcome to your new home! Wonderful 3 bedroom two and one half bath house located in a secure subdivision with manned entry gate**Granite**Kitchen opens to a large family room**Recent flooring and...
Open 1/24
9215 New Forest Rd Spring, TX 77379
$265,000
Subdivision: Champion Forest Sec 01
4
Beds
2F11/2
Baths
2,583
Sq.Ft.
1977
Year Built
2
Days on Site
26578649
MLS
Don't miss the opportunity to see this incredible 4 bed / 2.5 bath home in the Champions Forest neighborhood. This gorgeous home has been lovingly maintained and thoughtfully updated. Enjoy a large...
$279,900
Subdivision: Cypresswood Sec 05
3
Beds
2F11/2
Baths
2,762
Sq.Ft.
1984
Year Built
2
Days on Site
45006760
MLS
Nestled amongst majestic trees and landscaping you will find this traditional treasure on a quiet street. Fabulous lighting coming from the floor to ceiling windows in the kitchen overlooking the...
Open 1/23
9826 Jacy Creek Dr Tomball, TX 77375
$249,500
Subdivision: Vintage Crk
4
Beds
2
Baths
2,113
Sq.Ft.
2017
Year Built
2
Days on Site
54124518
MLS
Beautiful home has so much to offer - the floor plan is perfect! You'll fall in love the moment you enter this home! The large family room with laminate floors and custom shiplap custom wall can be...
$199,900
Subdivision: Oak Cliff Place Sec 02
4
Beds
2
Baths
1,860
Sq.Ft.
1983
Year Built
2
Days on Site
83593586
MLS
Lovely home conveniently located close to hospital, shopping area and freeway. Recently updated paint in and out, ceramic tile throughout except bedrooms, Vinyl siding for ez cleaning, double pane...

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