Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 77023 · Houston, TX

8 completed flips in the last 12 months, $47K median gross margin, 151-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
8
Median Gross Margin
$47K
Median Hold
151 days
Median Home Value
$296K

Market snapshot

Population
25,680
Median Household Income
$47,697
Median Home Value
$296,413
Median Rent
$1,650

This report covers ZIP 77023, Houston, TX. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 77023

In the last 12 months, 8 properties in ZIP 77023 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $47K in gross margin before rehab, carrying, and closing costs, with a median hold time of 151 days.

Top flippers in the zip

RankFlipper / LLCFlips
1ALEXS HOME INVESTOR INC3
2FSHS HOLDINGS LLC1
3PIN PROPERTY BUYERS LLC1
4NEW RESIDENTIAL MORTGAGE LOAN TRUST1
5QUALITY PROPERTY SOLUTIONS LLC1

Recent example

5315 BELL ST, HOUSTON, TX, 77023 · FSHS HOLDINGS LLC
Bought $266,000, sold $269,896 (+$4K), held 191 days.

Recent investor purchases in ZIP 77023

15 investor purchases in ZIP 77023 in the last 6 months, at a median price of $289K. 0% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 21, 20265315 BELL STFSHS6 LLC$270KFinanced
Oct 19, 20263718 LANDA LNALEXS HOME INVESTOR INC$289KFinanced
Sep 25, 20266424 STILLWELL STFIXER FLIPPER TX LLC$224KFinanced
Sep 24, 20263823 ERBY STALEXS HOME INVESTOR INC$301KFinanced
Sep 16, 20264441 POLK STARTESANO PROPERTIES LLC$349KFinanced
Sep 8, 20261422 SCHARPE STALEXS HOME INVESTOR INC$301KFinanced
Aug 10, 20261457 LOMBARDY STREARDEN RENTALS LLC$591KFinanced
Aug 6, 20263734 PENWOOD WAYL & A PROPS LLC$168KFinanced
Jul 21, 20262421 WILSHIRE STCEDARS REALTY LLC$226KFinanced
Jul 6, 2026POLK STPOLK SQUARE LLC$1.3MFinanced

See all 15 investor purchases in 77023

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More of Houston

See every zip, the latest investor purchases and flips across the city on the Houston, TX fix-and-flip market report.

See every flip in 77023, with full buyer and deal details

The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.

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Nearby markets in TX

Same-state markets near ZIP 77023. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.