What is co-living and why should I invest in co-living properties?

Coliving is a modern housing concept where multiple tenants share common spaces while having private bedrooms. It's attractive for investors because it offers 15-30% higher rental income per square foot, reduced vacancy risk with multiple tenants, high demand from millennials and Gen Z, and cap rates of 8-12% in major markets.

What are the average cap rates for co-living properties?

Co-living properties achieve cap rates of 8-12% nationwide, significantly higher than traditional rentals at 5-7%. Austin averages 9.2%, Houston 8.7%, Los Angeles 7.8%, Denver 8.4%, and Miami 7.6% cap rates.

How much money do I need to invest in co-living properties?

Total initial investment typically ranges $200K-$300K including: down payment (20-25%), closing costs (2-3%), renovation budget ($10K-$50K), and reserve funds for 3-6 months. For a $750,000 property, expect $200K-$300K total initial investment.

What is the ROI on co-living property investments?

Coliving investments typically achieve 15-25% total ROI including appreciation, with 12-18% cash-on-cash returns and $1,500-$4,000 monthly cash flow. This is 30-50% higher returns than traditional rentals, with break-even in 5-8 years.

How do I finance a co-living property purchase?

Financing options include conventional investment loans (20-25% down), portfolio lenders with flexible terms, specialized co-living lenders, and DSCR loans based on property income. Requirements typically include 680+ credit score and 1.25x debt service coverage ratio.

What markets offer the best co-living investment opportunities?

Top markets include Austin TX (9.2% cap), Houston TX (8.7% cap), Denver CO (8.4% cap), and Los Angeles CA (7.8% cap). Best markets combine strong job growth, high housing costs, favorable landlord laws, and young demographics.

What are the typical cap rates for Austin co-living properties?

Austin co-living properties typically offer cap rates between 8-12%, with our featured properties averaging 9.6% cap rates due to high rental demand from students and young professionals.

Why is Austin a good market for co-living investments?

Austin offers exceptional co-living investment opportunities due to rapid population growth, a thriving tech industry, major universities like UT, and strong rental demand from millennials and Gen Z.

What is the minimum investment for Austin co-living properties?

Austin co-living investment properties typically start around $625,000, with financing options available. Most investors see positive cash flow from day one.

Houston, Texas Market

Houston Coliving Properties for Sale & Investment Opportunities

Discover verified coliving properties in Houston's energy-powered market. With 8.7% average cap rates and 11.2% annual growth, Houston offers strong coliving investment returns in America's 4th largest city.

8.7%

Average Cap Rate

$2,650

Avg Monthly Cash Flow

36+

Properties Available

14.5%

Avg Cash-on-Cash ROI

Browse Houston Properties ROI Calculator

Energy Corridor Focus

Medical Center Growth

Local Houston Experts

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First access to newly listed Houston coliving properties with verified cap rates and rental income projections.

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Featured Properties

Premium Houston Properties

Handpicked co-living investment opportunities in Houston's most desirable neighborhoods. Each property is fully vetted with transparent financials and strong cap rates.

HIGH ROI

Medical Center

Medical Center Professional Hub

Modern coliving space near Texas Medical Center. 6 bedrooms, fully furnished for medical professionals.

9.4%

Cap Rate

$685K

Price

Monthly Income: $5,850

View Details

NEW LISTING

Energy Corridor

Energy Executive Residences

Premium coliving for energy professionals. 5 bedrooms, executive amenities and corporate workspace.

8.3%

Cap Rate

$625K

Price

Monthly Income: $4,750

View Details

TRENDY AREA

Heights

Heights Creative Collective

Historic Heights house converted to modern coliving. 7 bedrooms, walkable to restaurants and nightlife.

8.1%

Cap Rate

$595K

Price

Monthly Income: $4,450

View Details

Ready to Invest in Houston Coliving Properties?

Join investors earning 8-11% returns in Houston's booming market. Browse all available Houston coliving properties or calculate your Space City ROI potential.

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Explore More Coliving Investment Markets

Compare cap rates and investment opportunities across America's hottest coliving markets. Each city offers unique advantages for shared housing investors.

Austin, TX

9.2%

Live Music Capital - Strong student & tech worker demand

University Market Tech Hub

Houston, TX

8.7%

Space City - Energy sector & medical center professionals

Medical District Energy Sector

Dallas, TX

8.4%

Big D - Finance & corporate headquarters hub

Corporate Finance

Phoenix, AZ

7.8%

Desert Oasis - Growing tech scene & remote workers

Remote Work Growing Market

Houston Coliving Investment Resources

Houston ROI Analysis Houston Financing Guide Houston Zoning Laws Houston Tenant Screening Market Updates All Resources

Houston Coliving Market Analysis 2025

Houston's $425K median home price (+6.2% in 2024) combines with 106K medical workers, energy sector stability, and 2.3% vacancy rate. 4th largest US city delivers superior coliving returns vs coastal markets.

8.9%

Average Cap Rate

vs 6.8% Texas average

6.2%

Price Appreciation

2024 home value growth

2.3%

Vacancy Rate

vs 3.1% national average

$425K

Median Home Price

+6.2% YoY growth

Houston Coliving Investment Neighborhoods: Real Market Data

Medical Center (77030)

Ultra Hot

Median Home Price: $535K

Rent per Bed: $1,050

Cap Rate (5-bed): 9.4%

TMC Distance: 0.5 mi walk

Target Market: Medical/PhD

Reality Check: World's largest medical center = 106K workers. Doctors, nurses, residents pay premium for walkable housing. Consistent demand.

Montrose (77006)

Artsy Hub

Median Home Price: $485K

Rent per Bed: $925

Cap Rate (4-bed): 9.1%

Downtown: 8 min drive

Target Market: Creatives/Tech

Reality Check: LGBT-friendly arts district. Museums, galleries, nightlife. Young professionals, artists. LGBTQ+ coliving demand high.

Energy Corridor (77079)

Corporate

Median Home Price: $395K

Rent per Bed: $875

Cap Rate (6-bed): 8.6%

Energy Cos: Walking distance

Target Market: Oil/Gas Exec

Reality Check: ExxonMobil, BP, Shell headquarters. High-income energy executives. Stable employment, recession-resistant.

Houston Market Realities (2025)

🚀 What's Driving Growth:

• Medical Center expansion (TMC3)
• Energy transition (renewables + oil)
• NASA/Aerospace growth
• Port of Houston = global trade

⚠️ Investment Challenges:

• Hurricane/flooding insurance costs
• Energy sector volatility
• Summer heat = high utilities
• Urban sprawl competition

Houston: Energy Capital Meets Medical Megaplex

106,000 Medical Center Workers

Reality: World's largest medical complex = doctors, nurses, residents, researchers earning $75K-400K annually. Premium housing demand.

Global Energy Headquarters

Reality: 47 of top 50 energy companies = constant executive relocations. Corporate housing budgets $3K-5K/month per employee.

Space City Innovation

Reality: NASA Johnson Space Center + growing aerospace industry. 18,000+ engineers/scientists need housing. SpaceX expansion.

Affordable Entry Point

Reality: $425K median vs $875K Austin = 2x cash flow potential. Similar wages, half the housing cost = coliving premium opportunity.

Real Houston Numbers (Medical Center Example)

5-Bedroom House Purchase

$535,000

Near Texas Medical Center

Monthly Gross Rent

$5,250

5 beds × $1,050/month

Monthly Expenses

$2,385

Mortgage, tax, insurance, flood, mgmt

Net Monthly Cash Flow

$2,865

$34,380 annually

Cash-on-Cash Return

26.8%

Based on $107K down payment

🌊 Flood Alert: Verify flood insurance costs and zone maps before purchase. Factor $200-800/month flood coverage.

View Live Houston Properties

Houston Investment Calculator

Quick calculator based on Houston market averages. Get personalized calculations with our full ROI calculator.

$635,000

Average Property Price

$4,850

Expected Monthly Income

$2,650

Net Monthly Cash Flow

14.5%

Annual Cash-on-Cash Return

View Houston Properties Full ROI Calculator

* Based on Houston market averages. Individual property returns may vary.