Real Estate Investing in Austin, Texas
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in Austin, TX? Our answer, based on the numbers below.
For Homebuyers
WEAK FIT
Grade F (38/100)
Multiple negative signals. Better options likely exist nearby.
For Investors
WEAK
2.1 / 5
(34/100)
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
Risks to Know
1 flag
- Declining values: -0.7% 5-year CAGR — values have moved lower.
What’s happening in Austin, TX?
Click any question — our AI will research it live from the web and show you sources.
🏦 30-yr Fixed Rate:
6.67%
as of Aug 13
Source: Freddie Mac PMMS
Avg Investability
★★★★★
Avg Home Value
$564,693
Avg Monthly Rent
$1,822
ZIP Codes
43
Market Trends — Austin, TX
Home Value History
Rent History
Local Pulse Report
AI-researched developments and news for Austin, TX. Updated on demand as visitors ask.
Growth & development in Austin, TX Updated 116 days ago
Austin is experiencing significant growth in construction, particularly in residential and infrastructure projects, alongside a dynamic business landscape with both expansions and notable closures.
Opportunities
- Austin Energy added a record 18.8 megawatts of new local solar power to the grid in 2025, reaching 188 MW total capacity. — This expands access to cleaner energy and strengthens grid reliability for residents. Austin Energy
- Over 206,000 residential permits were filed in the greater Austin region from 2020 to 2024, significantly increasing housing options. — This expands housing choices for residents, particularly in multifamily and suburban areas. Texas A&M Real Estate Research Center
- A nearly $1 billion hotel and convention center project is being considered near Circuit of the Americas, potentially creating 900 permanent jobs. — This expands employment opportunities and tourism amenities for the city. The Real Deal
- Austin's downtown has seen new businesses open in 2025, including Aburi Oshi Sushi, Atown gift shop, and a new Austin Visitor Center. — These new businesses expand consumer choices and local entertainment options. Downtown Austin Alliance
- Austin Energy is implementing an Electric System Resiliency Plan in 2026 to upgrade infrastructure and improve grid reliability. — This enhances the reliability of the electricity supply for residents and businesses. American Public Power Association
Concerns
- Dell Technologies shed approximately 25,000 jobs globally over 2023–2024, impacting Austin's employment. — This restricts employment opportunities for a significant number of individuals. Companies Moving to Austin 2026
- Meta withdrew from nearly 1 million square feet of Austin office space, including a large lease at Sixth and Guadalupe tower. — This indicates a reduction in corporate presence and potential job growth in the downtown area. Companies Moving to Austin 2026
- Several beloved local businesses, such as Trudy's, Hana World Market, and Jim-Jim's Water-Ice, closed in 2025. — This reduces established local choices and cultural touchstones for residents. ATX Things
- The I-35 Capital Express Central project, a $4.5 billion highway rebuild, began construction in 2024 and will continue into the early 2030s. — This long-term construction project will likely cause significant traffic disruptions and inconvenience. YouTube
Bottom line: Austin's development is characterized by robust residential and infrastructure growth, a thriving clean energy sector, and a mixed business environment with both expansions and significant closures.
Local news & events in Austin, TX Updated 116 days ago
Austin has seen a mix of community growth and persistent challenges, including public health concerns, environmental shifts, and ongoing discussions around affordability and crime.
Opportunities
- Austin acquired an additional 500 acres of parkland in 2024, increasing accessibility to green spaces for residents. — This expands recreational opportunities and access to nature for more residents. Austin Monitor
- Community-wide greenhouse gas emissions in Austin have been declining since 2011, despite population growth. — This indicates progress in environmental sustainability, potentially leading to a healthier environment. Austin Monitor
- The city received $242 million in federal funds in 2024 to support solar power, electric vehicle charging, and climate-friendly transportation. — This investment expands access to sustainable energy and transportation options for residents. Austin Monitor
- Austin's air quality improved in short-term particle pollution, though ozone and annual particle pollution levels increased. — Reduced short-term particle pollution can lead to immediate health benefits for residents. American Lung Association
- Austin continues to host numerous cultural events and festivals year-round, including SXSW, ACL Music Festival, and various local celebrations. — These events provide diverse entertainment and community engagement opportunities for residents. Visit Austin, Downtown Austin Alliance
Concerns
- Chronic diseases account for over half of all deaths in Travis County, disproportionately affecting Black and Hispanic populations. — This highlights significant health disparities and ongoing public health challenges for vulnerable communities. Austin Public Health
- Austin's metro area ranked 39th most polluted in the nation for year-round particle pollution in 2025. — Poor air quality can lead to serious health issues like asthma attacks, heart attacks, and lung cancer. American Lung Association
- A high-rise redevelopment project on Martin Luther King Jr. Boulevard was approved despite neighborhood concerns about potential chemical contamination from a former dry cleaner site. — This decision raises concerns about potential environmental hazards and unconsented costs for nearby residents. Austin Monitor
- Austin is experiencing strains on non-medical drivers of health, such as access to healthy food, housing affordability, and financial security. — These issues restrict residents' choices and opportunities for a healthy and stable life, particularly for low-income and minority populations. St. David's Foundation
- A Northeast Austin shopping center has been identified as a "violent crime hot spot" with numerous incidents, leading to increased community concerns. — This restricts residents' sense of safety and freedom to utilize public spaces without fear of violence. KXAN News
Bottom line: Austin is actively working towards environmental sustainability and community engagement, but faces persistent challenges in public health, air quality, and addressing crime and affordability concerns.
Schools in Austin, TX Updated 116 days ago
Austin ISD passed a large bond for facility modernizations and safety upgrades, while facing declining enrollment and a "C" performance rating with some struggling middle schools.
Opportunities
- In November 2022, Austin ISD voters approved a $2.44 billion bond package for district-wide improvements, including safety, technology, and facility modernizations. — This bond provides significant funding for enhancing school infrastructure, safety, and educational resources across nearly every campus. Austin ISD 2022 Bond
- The 2022 bond includes funding for security vestibules at every campus, upgraded locks, fencing, and air conditioning for every bus. — These measures directly improve the safety and comfort of students and staff within the district's facilities and transportation. Austin ISD 2022 Bond
- The first two full modernization projects from the 2022 Bond Program, including Wooten Elementary, opened to students in January 2026, with more planned for summer 2026. — New and modernized facilities offer state-of-the-art learning environments with flexible spaces and enhanced safety features. Austin ISD 2022 Bond
- Austin ISD is piloting an Additional Days School Year (ADSY) calendar in 2026-27 at several schools to add instructional opportunities at no cost to families. — This program expands learning opportunities for students, especially those in schools with Turnaround Plans. Austin ISD Academics
- Austin ISD maintains a AAA Bond Rating, the highest a Texas school district can achieve, indicating strong financial health. — A high bond rating reflects sound financial management, potentially leading to lower borrowing costs for future projects. Austin ISD Taxes & Debt
Concerns
- Austin ISD received an overall "C" rating (79 out of 100) from the Texas Education Agency for the 2024-2025 school year. — A "C" rating indicates acceptable performance but highlights areas for potential improvement in student achievement and progress. KVUE / Texas Tribune
- Dobie, Burnet, and Webb middle schools received "F" scores in the 2024-2025 TEA ratings, marking their fourth consecutive failing grade. — Repeated low performance at these schools could lead to state intervention or closure if improvement goals are not met. KVUE
- Enrollment in Austin ISD has fallen to its lowest level in over three decades, leading to considerations of school consolidations and closures. — Declining enrollment results in lost state funding, impacting budget decisions and potentially reducing neighborhood school options. Texas AFT
- Austin ISD spent $24 million in bond renovations on schools it plans to close and is working to exit an additional $72 million in related contracts. — Spending bond funds on schools slated for closure represents a misallocation of resources and potential financial inefficiency. Austin Current
- A proposed Proposition A on the November 2024 ballot would increase property taxes to fund teacher and staff raises and additional campus support. — This measure, if approved, would increase property tax burdens for homeowners in the district. Austin ISD Prop A Ballot
Bottom line: Austin ISD is actively investing in facilities and programs through a recent bond, but faces challenges with declining enrollment and the performance of some schools.
Civic & policy in Austin, TX Updated 116 days ago
Austin has recently focused on increasing housing density and supply through zoning changes, while also navigating resident concerns over property taxes and specific development projects.
Opportunities
- Austin's HOME Initiative (Phases 1 & 2) in 2023-2026 allows up to three units on many single-family lots and reduced minimum lot sizes to 1,800 sq ft. — This expands housing options and increases supply, potentially leading to more attainable home prices. Schmitz & Smith Group
- The Austin City Council approved a new package of land-use changes in March 2026 to accelerate construction of "missing-middle" housing and mixed-use developments. — This aims to create more walkable, transit-oriented neighborhoods with diverse and attainable housing options. The Builder's Daily
- A new state law (HB 2844) taking effect July 1, 2026, creates a single statewide licensing system for mobile food vendors. — This streamlines regulations and reduces costs for food truck operators, making it easier to expand businesses across Texas. KLBJ-AM
- In August 2025, Governor Abbott signed state bills (SB 15, SB 840, HB 24) to allow mixed-use/multifamily development in more areas and ease zoning changes for residential development. — These state-level changes aim to tackle housing shortages and improve affordability by reducing barriers to development. Governor Greg Abbott Press
Concerns
- Austin voters rejected Proposition Q in November 2025, which would have increased the city's property tax rate by 20%. — This indicates resident opposition to higher taxes, potentially limiting city services or requiring budget cuts. The Texas Tribune
- The Austin City Council approved a high-rise redevelopment project in April 2026 despite neighborhood concerns about its scale and potential contamination from a former dry cleaner site. — This development may lead to unconsented environmental risks and alter the character of the adjacent historic neighborhood. Austin Monitor
- New Austin regulations approved in September 2025 require owners of multiple short-term rentals to keep them at least 1,000 feet apart. — These restrictions could limit income opportunities for short-term rental owners and potentially drive some properties outside city limits. KVUE
- The Austin Planning Commission voted in August 2024 against codifying a 72-hour deadline for posting meeting backup materials. — This can restrict public and commissioner access to timely information, hindering informed participation in planning decisions. Austin Monitor
Bottom line: Austin is actively pursuing increased housing density and supply through zoning reforms, while also facing resident pushback on tax increases and specific development impacts.
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
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Best ZIP codes in Austin-Round Rock-Georgetown, TX
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Landlord Ground Truth
Real numbers from people who own or manage rentals in Austin, TX. Anonymous, moderated, never written by AI.
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Property managers serving Travis County
Manage rentals here? List your business →512-society - Real Estate And Property Management
Pflugerville, TX
512-Society Property Management provides single-family and multi-family property management services across North Austin and Round Rock since 2005. summary from their website
Single-familySmall multifamily
Unclaimed — is this your business? Claim it free
Darwin Homes - Property Management
Austin, TX
Darwin Homes offers tech-driven property management services, making renting easy with 24/7 support, smart locks for viewings, and assistance with moving and utility setup. summary from their website
Single-familySmall multifamily
Unclaimed — is this your business? Claim it free
Guest Haus Property Management
Austin, TX
Guest Haus Property Management offers Airbnb and vacation rental management services in Austin. summary from their website
Short-term rentals
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
Avg Home Value
$564,693
Avg Monthly Rent
$1,822
1% Rule
✗ Below
Landlord Friendly (TX)
★★★★★
🎓 Colleges & Universities in Austin
20 Colleges
98,416 Students
17,729 Off-Campus Renters
A
4-Year Public · 53,082 students
📍 ~5,732 students rent off-campus
C+
Vocational For-Profit · 195 students
C+
4-Year Private · 3,309 students
C
4-Year Public · 35,600 students
📍 ~11,997 students rent off-campus
C
Vocational For-Profit · 131 students
C
4-Year Private · 1,029 students
C
Vocational For-Profit · 267 students
C
Vocational For-Profit · 192 students
C
4-Year Private · 168 students
C
4-Year Private · 116 students
C
2-Year For-Profit · 82 students
C
Vocational For-Profit · 51 students
C
Vocational For-Profit · 181 students
C
2-Year For-Profit · 372 students
C
4-Year For-Profit · 35 students
D
4-Year Private · 1,614 students
D
2-Year For-Profit · 829 students
D
4-Year Public · 0 students
D
2-Year For-Profit · 1,079 students
D
Vocational For-Profit · 84 students
Investor Insight: With 17,729 students living off-campus, Austin has substantial rental demand from the college population — typically stable, lease-renewing tenants.
Neighborhoods in Austin
Allandale
43 ZIP codes
Barton Creek
43 ZIP codes
Barton Hills
43 ZIP codes
Bouldin Creek
43 ZIP codes
Brentwood
43 ZIP codes
Bryker Woods
43 ZIP codes
Central East Austin
43 ZIP codes
Chestnut
43 ZIP codes
Coronado Hills
43 ZIP codes
Crestview
43 ZIP codes
Dawson
43 ZIP codes
Downtown
43 ZIP codes
East Cesar Chavez
43 ZIP codes
East Congress
43 ZIP codes
East Oak Hill
43 ZIP codes
Franklin Park
43 ZIP codes
Galindo
43 ZIP codes
Garrison Park
43 ZIP codes
Georgian Acres
43 ZIP codes
Govalle
43 ZIP codes
ZIP Codes in Austin, TX
78745
Home Value
$420,973
Rent
$1,517/mo
78753
Home Value
$342,763
Rent
$1,253/mo
78748
Home Value
$408,890
Rent
$1,411/mo
78744
Home Value
$329,129
Rent
$1,443/mo
78758
Home Value
$370,598
Rent
$1,578/mo
78704
Home Value
$727,004
Rent
$1,864/mo
78741
Home Value
$325,964
Rent
$1,435/mo
78759
Home Value
$669,039
Rent
$1,433/mo
78723
Home Value
$483,999
Rent
$1,851/mo
78717
Home Value
$568,678
Rent
$1,660/mo
78749
Home Value
$560,554
Rent
$1,487/mo
78705
Home Value
$330,246
Rent
$1,846/mo
78754
Home Value
$362,248
Rent
$1,415/mo
78727
Home Value
$460,663
Rent
$1,514/mo
78729
Home Value
$433,294
Rent
$1,365/mo
78724
Home Value
$318,737
Rent
$1,605/mo
78750
Home Value
$608,226
Rent
$1,608/mo
78738
Home Value
$853,409
Rent
$2,604/mo
78731
Home Value
$1,041,468
Rent
$1,634/mo
78728
Home Value
$406,564
Rent
$1,295/mo
78702
Home Value
$561,576
Rent
$2,051/mo
78737
Home Value
$785,158
Rent
$1,905/mo
78757
Home Value
$600,088
Rent
$1,851/mo
78703
Home Value
$1,311,595
Rent
$2,567/mo
78752
Home Value
$376,537
Rent
$1,518/mo
78747
Home Value
$359,135
Rent
$1,728/mo
78739
Home Value
$811,328
Rent
$3,631/mo
78732
Home Value
$823,945
Rent
$2,119/mo
78735
Home Value
$833,970
Rent
$1,713/mo
78751
Home Value
$599,810
Rent
$1,764/mo
78726
Home Value
$712,649
Rent
$1,368/mo
78701
Home Value
$653,491
Rent
$2,853/mo
78725
Home Value
$271,762
Rent
$2,049/mo
78721
Home Value
$422,945
Rent
$1,836/mo
78736
Home Value
$601,020
Rent
$1,507/mo
78756
Home Value
$710,572
Rent
$1,768/mo
78730
Home Value
$1,147,287
Rent
$1,618/mo
78733
Home Value
$1,187,772
Rent
$3,372/mo
78722
Home Value
$589,046
Rent
$1,753/mo
78652
Home Value
$473,641
Rent
$2,329/mo
78719
Home Value
$426,004
Rent
$1,602/mo
78742
Home Value
$0
78712
Home Value
$0
Screen every ZIP in Austin
Filter Austin’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).
View PlansFrequently Asked Questions About Austin, TX
Are rents high in Austin, TX?
Rental rates in Austin, TX average $1,822/mo. Tenant demand and $565K home values make the yield look reasonable by investor standards.
Are there empty rentals in Austin, TX?
Austin, TX carries elevated vacancy risk. Expect measured absorption at market rents of $1,822/mo.
Is Austin in TX worth investing in?
Austin, TX rates 2.1/5 for investability. With median values at $565K and rents near $1,822/mo, the market offers reasonable fundamentals for rental investors.
Is Austin, TX a good market for FHA house hackers?
House hacking in Austin, TX is a challenging. With home values around $565K and rents at $1,822/mo, owner-occupants can offset a meaningful share of PITI.
How do landlord-tenant laws work in Austin, TX?
Landlord-friendliness in Austin, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Community Ratings
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