Real Estate Investing in Round Rock, Texas (78681)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78681 (Round Rock, 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: -0.2% 5-year CAGR — values have moved lower.
What’s happening in Round Rock, TX (78681)?
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Market Analysis: 78681 Round Rock
ZIP 78681 inside Williamson County looks affordable on the surface — median value of $487K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 78681 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From a cash-flow lens, 78681 offers a low basis, the region around Round Rock has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 78681 ZIP's population of 58,531 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Experienced landlords with local relationships tend to find 78681 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Round Rock:
Property Strategy for 78681
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $274,712 | $2,090 | 5.5% | +5.1% | $137,356 |
| 3BR | $395,046 | $2,650 | 4.8% | +5.9% | $131,682 |
| 4BR | $543,316 | $3,120 | 4.1% | +6.7% | $135,829 |
| 5BR | $709,996 | — | — | +7.9% | $141,999 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78681 Compare?
| Metric | 78681 | Round Rock | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $486,646 | $407,455 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,804 | $1,725 | N/A | - |
| Cap Rate | 2.9% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78681 (Round Rock, TX). Anonymous, moderated, never written by AI.
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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 | $486,646 |
| Monthly Rent | $1,804 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 2.7% |
📈 Home Appreciation
| 1-Year | -0.1% ▼ |
| 3-Year CAGR | -1.8% ▼ |
| 5-Year CAGR | -0.2% ▼ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +1.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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 78681
Population: 58,531
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 78681
Schools in This ZIP Code
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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 home price in Round Rock, TX?
In Round Rock, TX the median home value sits at $487K. Against the broader TX market, that reads as reasonable for most investors.
Is vacancy a concern in Round Rock, TX?
Expect elevated vacancy in Round Rock, TX. Rents at $1,804/mo are absorbed by the tenant base without meaningful lag.
Are tenants stable in Round Rock, TX?
Working renters make up the core of the Round Rock, TX tenant base. The pool is reasonable for investors targeting long-term holds.
Does house hacking make sense in Round Rock, TX?
House hacking in Round Rock, TX is reasonable to execute. Prices around $487K and rents of $1,804/mo solid owner-occupant economics.
Is TX a landlord-friendly state?
Landlord-friendliness in Round Rock, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 78681 now. You don’t know where it ranks.
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How 78681 ranks in Austin-Round Rock-Georgetown, TX
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