Real Estate Investing in Round Rock, Texas (78665)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78665 (Round Rock, 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.
- Declining values: -1.8% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 3.5% in the last year.
What’s happening in Round Rock, TX (78665)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 78665 Round Rock
This part of Williamson County is not an easy win. The 78665 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 78665 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Round Rock have seen price recovery that 78665 has not matched. Williamson County data supports the view that the spread is structural rather than temporary.
The 78665 ZIP's population of 64,087 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Strategy in 78665 is an operator game, not a passive one. Looking more closely, entry prices of $398K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Round Rock:
Property Strategy for 78665
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $348,688 | $2,120 | 4.4% | +4.2% | $174,344 |
| 3BR | $356,331 | $2,690 | 5.4% | +5.4% | $118,777 |
| 4BR | $442,693 | $3,160 | 5.1% | +5.8% | $110,673 |
| 5BR | $565,288 | — | — | +6.8% | $113,058 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78665 Compare?
| Metric | 78665 | Round Rock | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $398,132 | $407,455 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,735 | $1,725 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 78665 (Round Rock, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 78665 (Round Rock, TX)?
~25 seconds · no account needed · your report is anonymous
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 | $398,132 |
| Monthly Rent | $1,735 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 1.6% |
📈 Home Appreciation
| 1-Year | -3.5% ▼ |
| 3-Year CAGR | -4.3% ▼ |
| 5-Year CAGR | -1.8% ▼ |
| 10-Year CAGR | +3.9% ▲ |
🏠 Rent Trends
| 1-Year | +12.3% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +1.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 78665
Population: 64,087
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 78665
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
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 vacancy rate in Round Rock, TX?
Vacancy risk in Round Rock, TX is elevated. That supports measured cash flow for typical rental holds.
What is the smart move for investors in Round Rock, TX?
The best-fit strategy in Round Rock, TX is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What are rental rates like in Round Rock, TX?
Expect rents around $1,735/mo per month in Round Rock, TX. With home values at $398K, the yield math works out to reasonable levels for rental investors.
Can owner-occupants cash flow in Round Rock, TX?
The a challenging house-hack environment in Round Rock, TX reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Should investors consider Round Rock, TX?
Investors tracking Round Rock, TX will find a 2.0/5 rating supported by $398K median home values and $1,735/mo rents. That profile suits long-term holders targeting steady returns.
You know 78665 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 78665 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 78665 ranks in Austin-Round Rock-Georgetown, TX
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 78665 (Round Rock)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 78665 (Round Rock, TX).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.