




$239,000
NAL Estimated Property Value1607 Palcio Real Dr, Houston, TX, 77047
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About this property
Great location. Cozy 2 story rental home with hardwood floors, fireplace, all appliances including washer/dryer, detached double garage and fenced in backyard. Bedroom on first floor can also be used as study. Easy access to freeway. Minutes from NRG, medical center, museum district and downtown.
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Learn About the Market: Opportunity in Houston




Explore
Houston
Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.
From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.
Population Growth
~1.2%
Net Migration
Positive
Median Home Price
$261,700
Unemployment Rate
4.10%
Price Trend
~2–4% YoY growth
New Permits
~6,800 units
City: Houston
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