Real Estate Investing in Austin, Texas (78722)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78722 (Austin, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -1.5% 5-year CAGR — values have moved lower.
- High price-to-rent: Price-to-rent ratio 26.7 — hard to cash-flow at these prices.
What’s happening in Austin, TX (78722)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 78722 Austin
The 78722 ZIP in Austin, TX is a local-operator market. Outside capital chasing a $580K entry has to pair deep knowledge with the discount.
Rent of $1,809/mo on a $580K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 78722 sits below the stated 0.0% once reality is priced in.
Looking more closely, 78722 offers a low basis, the region around Austin has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 78722 includes headwinds that any investor should price in. Income distribution skews lower than Austin averages, and tenant stability requires active management.
appears 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 Austin:
Property Strategy for 78722
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $496,504 | $2,010 | 2.9% | +2.6% | $248,252 |
| 3BR | $661,680 | $2,550 | 2.8% | +3.6% | $220,560 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78722 Compare?
| Metric | 78722 | Austin | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $579,946 | $561,613 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,809 | $1,810 | N/A | - |
| Cap Rate | 2.4% | 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 78722 (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 Property Management provides single-family and multi-family property management services across North Austin and Round Rock since 2005. summary from their website
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
Guest Haus Property Management offers Airbnb and vacation rental management services in Austin. 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 | $579,946 |
| Monthly Rent | $1,809 |
| Price-to-Rent | 26.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 0.9% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | -3.0% ▼ |
| 5-Year CAGR | -1.5% ▼ |
| 10-Year CAGR | +3.6% ▲ |
🏠 Rent Trends
| 1-Year | -3.2% ▼ |
| 3-Year CAGR | -2.4% ▼ |
| 5-Year CAGR | +0.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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 78722
Population: 6,576
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 78722
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
GOVALLE EL
BLACKSHEAR EL
GENERAL MARSHALL MIDDLE
MARTIN MIDDLE
OAK SPRINGS EL
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
Investor Insight: With 17,729 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Austin, TX?
Expect rents around $1,809/mo per month in Austin, TX. With home values at $580K, the yield math works out to reasonable levels for rental investors.
How qualified is the tenant pool in Austin, TX?
Austin, TX draws a consistent base of working renters. Demand at the $1,809/mo rent level is reasonable for standard single-family and small multi rentals.
Should investors consider Austin, TX?
Yes - Austin, TX a 2.0/5 investability score. With $580K home prices against $1,809/mo monthly rent, the market delivers a reasonable entry point for new investors.
How quickly do rentals get leased in Austin, TX?
Vacancy in Austin, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,809/mo.
What type of investing works in Austin, TX?
In Austin, TX the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $580K prices and $1,809/mo rents suits that approach.
You know 78722 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 78722 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 78722 ranks in Austin-Round Rock-Georgetown, TX
Every ZIP in this metro, ranked. Free.
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