Real Estate Investing in Driftwood, Texas (78619)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78619 (Driftwood, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Flat appreciation: Values have barely moved over 5 years (1.5% CAGR).
What’s happening in Driftwood, TX (78619)?
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Market Analysis: 78619 Driftwood
ZIP 78619 inside Hays County looks affordable on the surface — median value of $942K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 78619 can be a worth a close look for hunting ground — but the discount at $942K reflects genuine risk that outside investors often underestimate.
From a cash-flow lens, 78619 offers a low basis, the region around Driftwood has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 78619 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Driftwood:
Property Strategy for 78619
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $766,502 | $2,240 | 2.1% | +7.6% | $255,501 |
| 4BR | $949,168 | $2,600 | 2.0% | +7.5% | $237,292 |
| 5BR | $1,099,440 | — | — | +7.3% | $219,888 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78619 Compare?
| Metric | 78619 | Driftwood | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $942,484 | $942,484 | N/A | $297,000 |
| 5-Year CAGR | 1.5% | 1.5% | N/A | 5.4% |
| Avg Rent | $3,250 | $3,250 | 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 78619 (Driftwood, TX). Anonymous, moderated, never written by AI.
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Property managers serving Hays County
Manage rentals here? List your business →Jenkins Property Management provides property management services. 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 | $942,484 |
| Monthly Rent | $3,250 |
| Price-to-Rent | 24.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 4.2% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | -1.7% ▼ |
| 5-Year CAGR | +1.5% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
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 78619
Population: 6,896
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 78619
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.
Frequently Asked Questions
What are rental rates like in Driftwood, TX?
Expect rents around $3,250/mo per month in Driftwood, TX. With home values at $942K, the yield math works out to reasonable levels for rental investors.
Do landlords face vacancy issues in Driftwood, TX?
Driftwood, TX sees elevated vacancy, which is reasonable relative to the broader TX rental market.
Is Driftwood, TX a good place for real estate investing?
Driftwood, TX scores 2.0/5 for investability. Home values sit at $942K and rents near $3,250/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What does house hacking look like in Driftwood, TX?
Driftwood, TX offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $3,250/mo rent level.
Is Driftwood, TX better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in Driftwood, TX. With home values at $942K and rents near $3,250/mo, other strategies can work but produce measured rather than outsized returns.
You know 78619 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 78619 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 78619 ranks in Austin-Round Rock-Georgetown, TX
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