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Investor market data · Texas

Converse, TX Rental Market for Investors

An estimated 76% of Converse's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.

$259,900Median list price721 active listings
$33,709Median STR revenue / yrprojected, gross

As of August 2026, we analyzed 721 active for-sale homes in Converse, Texas. The typical listing is priced at $259,900 and is projected to generate about $33,709 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 75.8% of those homes could still cover an investor mortgage payment on short-term-rental income — well above the 52.5% median across the 200 major metros we track, ranking Converse #17 of 200 for cash-flow potential.

On market momentum: homes in Converse sit a median of 61 days on the market, and 28% of active listings came on in just the last 30 days — a steadily paced market, which shapes how much room there is to negotiate.

For a DSCR loan — which qualifies on the property's rental income rather than your personal income — that's a relatively healthy setup: in Converse, a meaningful share of listings throw off enough short-term-rental income, after costs, to cover an estimated investor mortgage payment.

What actually works in Converse

Converse is a broad cash-flow market right now: 339 of the 694 Converse homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $275,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price3 bed4 bed5 bed
$150k–$250k73%1.3788%1.58
$250k–$350k24%1.0533%1.1521%1.03
$350k–$500k0%0.850%0.88

Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.

Converse in full

Active for-sale homes analyzed721
Median list price$259,900
Median projected STR revenue (annual, gross)$33,709
Median average daily rate (ADR)$151
Median occupancy60%
Median beds4
Median size1,802 sqft
Estimated cash-flow-positive share75.8%
Median days on market61 days
New listings (last 30 days)28.3% of active

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Run your numbers · Converse

Would a Converse rental qualify for a DSCR loan?

Pre-filled with Converse's median price and projected short-term-rental income — change any field to match a specific property.

Rent source
Advanced
Property tax
%
Scout DSCR Live
1.44
Strong · likely approved
Qualifying rent$2,247
Monthly ITIA$1,559
Loan amount$207,920
30-year DSCR1.34
30-year PITIA$1,673
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Estimates for educational purposes. Final terms subject to credit, property & program approval.

Chad BakerJulian HebronKarina SaldarriagaMark LindenBrittani Cooper5 senior bankers · 47 states
Converse data, human context

Pressure-test the market before you trust the median.

We’ll help you compare the market-level signal with the exact property, local costs, rental rules, and financing structure.

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Thinking about an investment property in Converse?

Send the address or your target buy box. We’ll run the property with today’s assumptions.

Prefer to talk now? Call or text Chad: 858-353-8331.