What size homes to brrrr in northwest Houston.

Question

I found 2 homes that are priced perfectly in the northwest Houston  area. One is a 5 bedroom 2.5 bath that can be converted into 6 bedrooms. The other is a 5 bedroom 2.5 bath. Both are in a great area, good school district. Are larger homes harder to rent if priced in the median rental price range? I’m afraid that I won’t be able to refi to pull cash because I may not find renters if the homes are too large.

Daniel Lioz · Answer

Unless you are doing section 8.  Those larger homes get a premium and paid by the government. If that is something you want to consider, 5 and 6 bedrooms homes go in the 3000k range per month.

Anita Fulton · Answer

Thanks to everyone who weighed in. This is all extremely helpful information

Kris L. · Answer

@Daniel Lioz

I know it's a typo, but I would rent to Attila the Hun, Jack the Ripper and Lee Harvey Oswald for $3000k a month as long as they paid the first month in advance.

Anita Fulton · Answer

Thanks so much for the feedback !

Nathan Gesner · Answer

Larger homes have a smaller target audience. A 3bed/2bath is probably ideal because it can fit a family, a couple, or even a single person, if need be. Study your market to see what is in demand.

Julie Peak · Answer

Hi Anita, I have been buying rent homes in northwest Houston for the last couple of years, and my experience has been that the rent that can be achieved for rent houses in this area averages around $1300 to $1500 per month. We have found that our three bedroom, two bath properties Are easier to rent and get about the same price as something larger and more expensive. You may get a couple hundred more, but much harder to rent.

What size homes to brrrr in northwest Houston.

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