Real Estate Investing in Cedar Park, Texas (78613)
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Should you buy in 78613 (Cedar Park, TX)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -1.0% 5-year CAGR — values have moved lower.
What’s happening in Cedar Park, TX (78613)?
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Market Analysis: 78613 Cedar Park
The 78613 ZIP covers a section of Cedar Park that demands careful diligence. Prices near $465K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 78613 can be a a strong candidate for hunting ground — but the discount at $465K reflects genuine risk that outside investors often underestimate.
The gap between 78613 and stronger Cedar Park ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
On balance, 89,162 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Cedar Park's stable or hybrid ZIPs before stepping into 78613. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Cedar Park:
Property Strategy for 78613
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $306,938 | $2,000 | 4.7% | +4.8% | $153,469 |
| 3BR | $379,396 | $2,530 | 4.8% | +5.2% | $126,465 |
| 4BR | $538,681 | $2,980 | 4.0% | +6.3% | $134,670 |
| 5BR | $752,233 | — | — | +7.6% | $150,447 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78613 Compare?
| Metric | 78613 | Cedar Park | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $464,635 | $464,635 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,623 | $1,623 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78613 (Cedar Park, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 78613 (Cedar Park, TX)?
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Property managers serving Williamson County
Manage rentals here? List your business →PS Property Management is an Austin HOA Management Company. summary from their website
PURE Property Management of Texas aims to provide simple and satisfying rental experiences for all. summary from their website
MBM Property Management offers property management services for rentals in various Central Texas communities, including Austin, Cedar Park, Georgetown, and Round Rock. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $464,635 |
| Monthly Rent | $1,623 |
| Price-to-Rent | 23.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 1.7% |
📈 Home Appreciation
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | -2.7% ▼ |
| 5-Year CAGR | -1.0% ▼ |
| 10-Year CAGR | +4.9% ▲ |
🏠 Rent Trends
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | -0.5% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 78613
Population: 89,162
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 78613
Schools in This ZIP Code
About Repit School Scores
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We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the typical renter like in Cedar Park, TX?
The renter base in Cedar Park, TX is reasonable for the $1,623/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
Is Cedar Park, TX a friendly market for rental owners?
Rental owners in Cedar Park, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the median home value in Cedar Park, TX?
Cedar Park, TX median home values land near $465K. That is reasonable territory for investors looking at $1,623/mo-per-month rentals.
What is the typical rental rate in Cedar Park, TX?
Expect rents around $1,623/mo per month in Cedar Park, TX. With home values at $465K, the yield math works out to reasonable levels for rental investors.
How tight is the rental market in Cedar Park, TX?
Vacancy in Cedar Park, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,623/mo.
You know 78613 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 78613 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 78613 ranks in Austin-Round Rock-Georgetown, TX
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