Just as the Houston Texans’ fortunes seem to be rising on the field, the team’s financial value is also gaining momentum.

The Texans have moved up one notch on the 2012 ranking of the National Football League’s most valuable franchises by Forbes magazine, listed at No. 5 with a valuation of more than $1.3 billion. Last year, the team was ranked No. 6 with a value of more than $1.2 billion.